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Refer to Lulu, Inc

Question 101
Multiple Choice

Refer to LuLu, Inc. What would be the total cost per equivalent unit of production? A) $6.52 B) $9.76 C) $11.26 D) $12.16

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Q 102
Refer to LuLu, Inc. What would be the cost of goods transferred to the moulding department during May? A) $210,000 B) $261,050 C) $281,500 D) $294,000
Q 103
Refer to LuLu, Inc. What would be the cost of May's ending Work-in-Process Inventory for the mixing department? A) $17,500 B) $21,400 C) $22,520 D) $25,250
Q 104
What is included in conversion costs? A) direct labour and administrative costs B) direct materials and administrative costs C) direct labour and manufacturing overhead D) direct materials and manufacturing overhead
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