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C253 Formula Sheet Industrial Refrigeration Ammonia exam questions and answers 2025(graded A+).
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C253 Formula Sheet Industrial Refrigeration Ammonia exam questions and answers 2025(graded A+).
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C253 Formula Sheet IndustrialRefrigeration Ammonia exam
questions and answers
2025(graded A+)
Pre-determined MOH rate - answer Estimated MOH/Estimated
united of allocation base
Applied MOH - answer Pre-determined MOH Rate * Actual units of
the allocation base
Under/Over Applied MOH - answer Actual MOH - Applied MOH
Over Applied MOH - answer Debit MOH, Credit COGS
Job Cost - answer Direct Materials + Direct Labor + Applied MOH
Cost of Goods Manufactured - answer Direct Materials used +
Direct Labor + Applied MOH + (Beg WIP - End WIP)
Cost of Goods Sold - answer Cost of Goods Manufactured + (Beg
Finished Goods - Ending finished goods)
Adjusted cost of goods sold - answer Cost of goods manufactured
+ (Beg Finished Goods - Ending Finished Goods) +/- Under/Over
applied MOH
Units transferred - answer Beg WIP + Units started - End WIP
, Equivalent units for materials (WA) - answer (Units
transferred*100%) + (End WIP*Completion %)
Equivalent units for conversion (FIFO) - answer (Begin unites not
completed) + (Units transferred*100%) + (End WIP*Completion%)
Cost/Equivalent unit for materials (WA) - answer (Beg WIP$ +
Current Costs$)/Equivalent units for materials
Cost/Equivalent unit for conversion (FIFO) - answer (Costs
Added)/(Equivalent units beg WIP + Started and completed +
Equivalent ending WIP)
Costs assigned to units transferred - answer (Units
transferred*cost/eq unit for materials) + (Units transferred*(cost/eq
unit for conversion))
Cost assigned to End WIP - answer (End WIP eq united for
materials*cost/eq unit for materials) + (End WIP eq units for
conversion*cost/ eq unit for conversion)
Variable costing product cost - answer Direct Material + Direct
Labor + Variable MOH
Absorption costing product cost - answer Direct Material + Direct
Labor + Variable MOH + Fixed MOH
NI under absorption costing - answer (Selling price * units sold) -
(absorption cost per unit * unites sold) - (variable selling price *
units sold) - Fixed selling cost
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