<p>1.What term is used to describe the process of directing operations to achiev

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<p>1.What term is used to describe the process of directing operations to achieve the organization&#8217;s goals and plans?<br /><span>a.</span> Supervising<br />b. Control<br />c. Directing<br />d. Planning<br /><br />2. Compute conversion costs given the following data: Direct Materials, $452,700; Direct Labor, $186,300; Factory Overhead, $175,600, Selling Expense $45,290<br />a. $639,000<br />b. $175,600<br />c. $816,600<br /><span>d.</span> $361,900<br /><br />3. The cost of a manufactured product generally consists of which of the following costs?<br />a. Direct materials cost and factory overhead cost<br />b. Direct labor cost and factory overhead cost<br />c. Direct labor cost, direct materials cost, and factory overhead cost<br /><span>d. </span>Direct materials cost and direct labor cost<br /><br />4. Which of the following is an example of direct labor cost for an airplane manufacturer?<br />a. Cost of oil lubricants for factory machinery<br /><span>b.</span> Cost of wages of assembly worker<br />c. Salary of plant supervisor<br />d. Cost of jet engines</p>
<p><br />5. Which of the following is considered a part of factory overhead cost?<br />a. Sales commissions<br /><span>b.</span> Depreciation of factory buildings<br />c. Depreciation of office equipment<br />d. Direct materials used<br /><br />6. One on the following will not be found on the balance sheet of a manufacturing company.<br /><span>a.</span> Cost of goods sold <br />b. materials<br />c. work in process<br />d. finished goods<br /><br />7. Which of the following accounts will be found on the income statement?<br />a. inventory<br /><span>b.</span> Work in process<br />c. finished goods<br />d. cost of merchandise sold<br /><br />8. Cost of Materials Used $40,000<br />Direct Labor costs $55,000<br />Factory Overhead $32,000<br />Work in Process, beg. $28,000<br />Work in Process, end. $18,000<br /><br />What is Cost of Goods Manufactured?<br />a. $173,000<br />b. $97,000 <br />c. $117,000<br /><span>d.</span> $137,000<br /><br /></p>

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What term is used to describe the process of directing operations to achieve the organization's goals and plans? ------ Control Your questions are not clear enough..

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