18.5 Transferred in costs in process costing

Question 1

costs incurred in previous departments that are carried forward as the products costs when it moves to a subsequent process in the production cycle

Answer 1

transferred in costs
or
previous department costs

Question 2

are treated as if they are a seperate type of direct materials added at the beginning of the process

Answer 2

transferred in costs

Question 3

when successive departments are invovles, the transferred units from one department

Answer 3

become all or part of the direct materials of the next department

Question 4

during weighted average method in the testing department, direct materials are introduced at

Answer 4

the end of the process

Question 5

be sure to include the transferred in costs from

Answer 5

previous departments in you calculations

Question 6

when calculating the costs to be transferred using the FIFO method, do not overlook costs assigned in the previous period to units that were

Answer 6

in process at the beginning of the current period but are now included in the units transferred

Question 7

unit costs may fluctuate between periods so transferred units may contain batches accumulated at different unit costs but when these units are transferred to the testing department they are costed at

Answer 7

one average unit cost

Question 8

measurements must be

Answer 8

converted when transferred if they do not match the measurements in the second department