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CALCULATE YOUR ONLINE IDENTITY Before running the Online ID Calculator:

– Open a browser (Chrome, Safari, Explorer, Firefox, etc.) on your desktop computer
– Go to Google (www.google.com – or the equivalent in your country) 
– Type your name in the search box using quotation marks. (For example, “Jane Smith”)

PLEASE NOTE: If you Google yourself often and visit your own websites (or websites where you have content), use a “private” or “incognito” window in your browser.

It will make the results of your Google search more like what others would see when they search on your name.

You are now ready to begin. Please answer the following 10 questions (all are required): BEFORE YOU BEGIN: Select from the options below the statement that best describes the career level for which you are aiming (This is aspirational, meaning you want to evaluate your online profile as it relates to the next level in your career.): 1. VOLUME QUESTION: What’s the total number of responses Google returned?
(You will find this number below the search box on the Google results page.)” 2. VOLUME QUESTION: Did your personal website, blog and/or your LinkedIn profile appear in the TOP 5 search results on page 1 of search results? 3. RELEVANCE QUESTION: Take a moment to think about how you want to be known (this may be aspirational, meaning it’s not what you are known for today but how you would like to be thought of). Now looking at only the results that are about YOU on the first three pages, select the option that best describes your results:

No relevance – The results that are about me have no relation to how I want to be known.

Little relevance – A few of the results that are about me communicate how I want to be known.

Some relevance – About half the entries that are about me express my area of expertise, and there are references to my website/blog, or online profiles.

High relevance – About three-quarters of the entries that are about me clearly express my personal brand (how I want to be known).

Complete relevance – All or almost all of the results that are about me are very consistent with my area of expertise, aspirations and how I want to be known.” 4. RELEVANCE QUESTION: On the first page of search results, are there any results listed that are inaccurate, negative or unflattering about you that you wish were not there? 5. PURITY QUESTION: Click through just the first three pages of your Google results and manually total up the responses that are about you. (Do NOT count any results that are about someone else with your name.) Enter the total for pages 1, 2, and 3. (If the total is zero, enter 0. The total number will be between 0-30.) 6. DIVERSITY QUESTION: Did any videos of you show up on the first page of search results? 7. DIVERSITY QUESTION: Did any images of you show up on the first page of search results? 8. DIVERSITY QUESTION: Did any real-time data (Twitter feed, Instagram post, news article, most recent blog, etc.) show up? 9. VALIDATION QUESTION: Do you have at least three recommendations in your LinkedIn profile? 10. VALIDATION QUESTION: Do you have endorsements or external validation from others that show up in the first three pages of your Google Results (for example: testimonials from people with whom you have worked, quotes in an article, announcements of awards, etc.). END OF QUIZ RESULTS How To Determine Your Scores:
To score each of your online variables, you’ll assign the colors you earned above the following scores: Bright Red = -1 Light Red = -0.5 Yellow = 0 Light Green = +0.5 Bright Green = +1 If, after adding up your scores for each variable’s questions, you earned below a zero, your final score for that variable will be LOW. If your score was a zero, your final score for that variable will be AVERAGE. If your score was above zero, your final score for that variable will be HIGH.

For instance, if you earned Light Red (-0.5) on Q1 and Bright Green (+1) on Q2, your final Volume score would be +0.5 HIGH. Volume: Relevance: Purity: 0% Diversity: Validation:

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July 1, 2023
    

 

51. Rounding is often necessary to make the Production Report cumulative cost total agree to the total costs accounted for. In the following periods, the amount of the adjustment is either added to or subtracted from the _____________ in work in process. 

A. direct materials

B. direct labor

C. manufacturing overhead

D. credit entry

52. A firm had a beginning work in process inventory totaling $4,000 and current period costs of $22,500. Equivalent production was 5,000 units, and 3,000 units were completed and transferred to the finished goods inventory. Inventory costs would be determined using a unit cost of 

A. $8.83.

B. $5.30.

C. $4.50.

D. $7.50.

53. Simon Productions Company had a beginning work in process inventory totaling $6,000. During the current period, the company added materials costs of $12,300, labor cost of $14,500 and overhead of $18,200. Equivalent production was 12,000 units, and 9,000 units were completed and transferred to the finished goods inventory. Inventory costs would be determined using a unit cost of 

A. $5.67.

B. $3.75.

C. $4.25.

D. $8.50.

54. The source of the cost data that appears in a cost of production report is 

A. the Finished Goods Inventory account.

B. the job order cost sheet.

C. the prior period income statement.

D. the Work in Process Inventory accounts.

55. In a process cost accounting system, 

A. the Finished Goods Inventory account is debited for the cost of completed units any time during the month.

B. the Work in Process Inventory accounts are used to accumulate the costs for labor, materials, and manufacturing overhead.

C. manufacturing overhead is not included in the determination of inventory costs.

D. inventory costs are calculated when goods are sold.

56. The entry to transfer costs from Department A to Department B is recorded as 

A. a debit to Finished Goods Inventory and a credit to Work in Process—Dept. A.

B. a debit to Work in Process—Dept. B and a credit to Work in Process—Dept. A.

C. a debit to Work in Process—Dept. A and a credit to Work in Process—Dept. B.

D. a debit to Work in Process—Dept. A and a credit to Finished Goods Inventory.

57. When finished goods are sold, the entry to record the cost of goods sold includes 

A. a debit to Finished Goods Inventory and a credit to Cost of Goods Sold.

B. a debit to Cost of Goods Sold and a credit to Sales.

C. a debit to Cost of Goods Sold and a credit to Finished Goods Inventory.

D. a debit to Finished Goods Inventory and a credit to Sales.

58. At the end of the month, the entry to close the Manufacturing Overhead control account is recorded as 

A. a debit to Manufacturing Overhead Applied and a credit to Manufacturing Overhead.

B. a debit to Work in Process Inventory accounts and a credit to Manufacturing Overhead.

C. a debit to Manufacturing Overhead and a credit to the Work in Process inventory accounts.

D. a debit to Manufacturing Overhead and a credit to Manufacturing Summary.

59. In a process cost accounting system, the average unit cost of a product is determined by dividing the appropriate costs by 

A. the number of units placed in production during the period.

B. the number of units transferred to another department.

C. the equivalent production units.

D. the number of units transferred to the finished goods inventory.

60. On a cost of production report, beginning work in process 

A. is included in the quantity to be accounted for.

B. is included in the quantity accounted for.

C. is not included on the report.

D. appears on the job cost sheet only.

61. The current department costs categories are 

A. work in process—beginning costs, started in production costs, and transferred in costs.

B. materials costs, labor costs, and manufacturing overhead costs.

C. work in process—beginning costs, transferred out to next department costs, and work in process—ending costs.

D. started in production costs, transferred in from prior department costs, and transferred out to next department costs.

62. When beginning inventory is part of the production report, costs from the prior department are included. They are 

A. the beginning inventory amount and the costs transferred in.

B. the beginning inventory amount.

C. the costs transferred in.

D. the beginning inventory costs transferred in.

63. The method that combines the cost of beginning inventory and the current costs of the period is the 

A. market value process costing method.

B. method of net realizable value.

C. replacement cost method.

D. average method of process costing.

 

 

default image
July 1, 2023
    

 

51. Rounding is often necessary to make the Production Report cumulative cost total agree to the total costs accounted for. In the following periods, the amount of the adjustment is either added to or subtracted from the _____________ in work in process. 

A. direct materials

B. direct labor

C. manufacturing overhead

D. credit entry

52. A firm had a beginning work in process inventory totaling $4,000 and current period costs of $22,500. Equivalent production was 5,000 units, and 3,000 units were completed and transferred to the finished goods inventory. Inventory costs would be determined using a unit cost of 

A. $8.83.

B. $5.30.

C. $4.50.

D. $7.50.

53. Simon Productions Company had a beginning work in process inventory totaling $6,000. During the current period, the company added materials costs of $12,300, labor cost of $14,500 and overhead of $18,200. Equivalent production was 12,000 units, and 9,000 units were completed and transferred to the finished goods inventory. Inventory costs would be determined using a unit cost of 

A. $5.67.

B. $3.75.

C. $4.25.

D. $8.50.

54. The source of the cost data that appears in a cost of production report is 

A. the Finished Goods Inventory account.

B. the job order cost sheet.

C. the prior period income statement.

D. the Work in Process Inventory accounts.

55. In a process cost accounting system, 

A. the Finished Goods Inventory account is debited for the cost of completed units any time during the month.

B. the Work in Process Inventory accounts are used to accumulate the costs for labor, materials, and manufacturing overhead.

C. manufacturing overhead is not included in the determination of inventory costs.

D. inventory costs are calculated when goods are sold.

56. The entry to transfer costs from Department A to Department B is recorded as 

A. a debit to Finished Goods Inventory and a credit to Work in Process—Dept. A.

B. a debit to Work in Process—Dept. B and a credit to Work in Process—Dept. A.

C. a debit to Work in Process—Dept. A and a credit to Work in Process—Dept. B.

D. a debit to Work in Process—Dept. A and a credit to Finished Goods Inventory.

57. When finished goods are sold, the entry to record the cost of goods sold includes 

A. a debit to Finished Goods Inventory and a credit to Cost of Goods Sold.

B. a debit to Cost of Goods Sold and a credit to Sales.

C. a debit to Cost of Goods Sold and a credit to Finished Goods Inventory.

D. a debit to Finished Goods Inventory and a credit to Sales.

58. At the end of the month, the entry to close the Manufacturing Overhead control account is recorded as 

A. a debit to Manufacturing Overhead Applied and a credit to Manufacturing Overhead.

B. a debit to Work in Process Inventory accounts and a credit to Manufacturing Overhead.

C. a debit to Manufacturing Overhead and a credit to the Work in Process inventory accounts.

D. a debit to Manufacturing Overhead and a credit to Manufacturing Summary.

59. In a process cost accounting system, the average unit cost of a product is determined by dividing the appropriate costs by 

A. the number of units placed in production during the period.

B. the number of units transferred to another department.

C. the equivalent production units.

D. the number of units transferred to the finished goods inventory.

60. On a cost of production report, beginning work in process 

A. is included in the quantity to be accounted for.

B. is included in the quantity accounted for.

C. is not included on the report.

D. appears on the job cost sheet only.

61. The current department costs categories are 

A. work in process—beginning costs, started in production costs, and transferred in costs.

B. materials costs, labor costs, and manufacturing overhead costs.

C. work in process—beginning costs, transferred out to next department costs, and work in process—ending costs.

D. started in production costs, transferred in from prior department costs, and transferred out to next department costs.

62. When beginning inventory is part of the production report, costs from the prior department are included. They are 

A. the beginning inventory amount and the costs transferred in.

B. the beginning inventory amount.

C. the costs transferred in.

D. the beginning inventory costs transferred in.

63. The method that combines the cost of beginning inventory and the current costs of the period is the 

A. market value process costing method.

B. method of net realizable value.

C. replacement cost method.

D. average method of process costing.

 

 

default image
July 1, 2023
    

 

51. Rounding is often necessary to make the Production Report cumulative cost total agree to the total costs accounted for. In the following periods, the amount of the adjustment is either added to or subtracted from the _____________ in work in process. 

A. direct materials

B. direct labor

C. manufacturing overhead

D. credit entry

52. A firm had a beginning work in process inventory totaling $4,000 and current period costs of $22,500. Equivalent production was 5,000 units, and 3,000 units were completed and transferred to the finished goods inventory. Inventory costs would be determined using a unit cost of 

A. $8.83.

B. $5.30.

C. $4.50.

D. $7.50.

53. Simon Productions Company had a beginning work in process inventory totaling $6,000. During the current period, the company added materials costs of $12,300, labor cost of $14,500 and overhead of $18,200. Equivalent production was 12,000 units, and 9,000 units were completed and transferred to the finished goods inventory. Inventory costs would be determined using a unit cost of 

A. $5.67.

B. $3.75.

C. $4.25.

D. $8.50.

54. The source of the cost data that appears in a cost of production report is 

A. the Finished Goods Inventory account.

B. the job order cost sheet.

C. the prior period income statement.

D. the Work in Process Inventory accounts.

55. In a process cost accounting system, 

A. the Finished Goods Inventory account is debited for the cost of completed units any time during the month.

B. the Work in Process Inventory accounts are used to accumulate the costs for labor, materials, and manufacturing overhead.

C. manufacturing overhead is not included in the determination of inventory costs.

D. inventory costs are calculated when goods are sold.

56. The entry to transfer costs from Department A to Department B is recorded as 

A. a debit to Finished Goods Inventory and a credit to Work in Process—Dept. A.

B. a debit to Work in Process—Dept. B and a credit to Work in Process—Dept. A.

C. a debit to Work in Process—Dept. A and a credit to Work in Process—Dept. B.

D. a debit to Work in Process—Dept. A and a credit to Finished Goods Inventory.

57. When finished goods are sold, the entry to record the cost of goods sold includes 

A. a debit to Finished Goods Inventory and a credit to Cost of Goods Sold.

B. a debit to Cost of Goods Sold and a credit to Sales.

C. a debit to Cost of Goods Sold and a credit to Finished Goods Inventory.

D. a debit to Finished Goods Inventory and a credit to Sales.

58. At the end of the month, the entry to close the Manufacturing Overhead control account is recorded as 

A. a debit to Manufacturing Overhead Applied and a credit to Manufacturing Overhead.

B. a debit to Work in Process Inventory accounts and a credit to Manufacturing Overhead.

C. a debit to Manufacturing Overhead and a credit to the Work in Process inventory accounts.

D. a debit to Manufacturing Overhead and a credit to Manufacturing Summary.

59. In a process cost accounting system, the average unit cost of a product is determined by dividing the appropriate costs by 

A. the number of units placed in production during the period.

B. the number of units transferred to another department.

C. the equivalent production units.

D. the number of units transferred to the finished goods inventory.

60. On a cost of production report, beginning work in process 

A. is included in the quantity to be accounted for.

B. is included in the quantity accounted for.

C. is not included on the report.

D. appears on the job cost sheet only.

61. The current department costs categories are 

A. work in process—beginning costs, started in production costs, and transferred in costs.

B. materials costs, labor costs, and manufacturing overhead costs.

C. work in process—beginning costs, transferred out to next department costs, and work in process—ending costs.

D. started in production costs, transferred in from prior department costs, and transferred out to next department costs.

62. When beginning inventory is part of the production report, costs from the prior department are included. They are 

A. the beginning inventory amount and the costs transferred in.

B. the beginning inventory amount.

C. the costs transferred in.

D. the beginning inventory costs transferred in.

63. The method that combines the cost of beginning inventory and the current costs of the period is the 

A. market value process costing method.

B. method of net realizable value.

C. replacement cost method.

D. average method of process costing.

 

 

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550 words
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