I

1. D
2. C
3. C
4. C
5. D
6. A
7. C
8. A
9. D
10. C
11. C
12. B
13. A
14. C
15. A
16. D
17. A
18. B
19. B
20. B

II.

A.

1. Work in Process 3,800

Materials 1,600
Payroll (Direct Labor) 1,400
Factory Overhead 800

2. Spoiled Goods (20x P2) 40

Factory Overhead 150
Work in Process 190

Finished Goods Inventory (380 x P9.50) 3,610

Work in Process 3,610

Cash 40
Spoiled Goods 40

3. Spoiled Goods 40
 Work in Process 40

Finished Goods Inventory (380 x P9.90) 3,762

Work in Process 3,762

Cash 40
Spoiled Goods 40

B
REQUIREMENT:
(1. 1) Materials 62,000
Accounts Payable 62,000

(1.2) Work in Process 58,500

Materials 58,500

(1.3) Materials 1,200

Work in Process 1,200

(1.4) Factory Overhead 3,600

Materials 3,600

(1.5) Materials 550

Factory Overhead 550

(1.6) Factory Overhead 200

Materials 200

2.

Materials

Bal. 40,000 (2) 58,500

(1) 62,000 (4) 3,600

(3) 1,200 (6) 200

(5) 550

103, 750 62,300

41,450