New Born care - WITH EXPECTED QUESTIONS AND SOLUTIONS 2024
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Course
IELTS
Institution
IELTS
The nurse has provided instructions to the mother of a newborn that is not circumcised about measures to clean the penis. Which statement by the mother indicates an understanding of this procedure? - CORRECT ANSWERS-"I need to avoid pulling back the foreskin to clean the penis because this may caus...
In the computation of the manufacturing cost per equivalent unit, the weighted-average
method of process costing considers:
-current costs only.
-current costs plus cost of beginning Work-in-Process Inventory.
-current costs plus cost of ending Work-in-Process Inventory.
-current costs less cost of beginning Work-in-Process Inventory. - CORRECT
ANSWERS-current costs plus cost of beginning Work-in-Process Inventory.
This is the basic concept of weighted-average. FIFO considers current costs only.
Blue Company has beginning and ending Work-in-Process Inventories that are 45%
and 10% complete, respectively. Materials are added at the beginning of the process. If
first-in, first-out (FIFO) process costing is used, the total equivalent units for materials
will equal the number of units:
-transferred out during the period.
-started and completed during the period.
-started into the process during the period.
-started into the process plus the units in the ending inventory. - CORRECT
ANSWERS-started into the process during the period.
Which of the following organizations would most likely use a process costing system?
-Gasoline refinery.
-Automobile retailer.
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