Question: The partial or completed units of manufactured goods, that do not meet customer specifications and get sold at reduced price or simply discarded, are called ____________?

• 1. spoilage
• 2. rework
• 3. scrap
• 4. equivalence

Question: The types of spoilage include ___________?

• 1. normal spoilage
• 2. abnormal spoilage
• 3. weighted spoilage
• 4. both a and b

Question: The units of normal spoilage are divided to total completed units, rather than total actual produced units to calculate ____________?

• 1. normal spoilage rates
• 2. abnormal spoilage rates
• 3. normal scrap rates
• 4. abnormal scrap rates

Question: The sum of beginning work in process inventory units and started units, is subtracted from the sum of ending work in process inventory units and transferred out units of goods, to calculate ____________?

• 1. Gross weighted spoilage
• 2. inventoriable spoilage
• 3. partial spoilage
• 4. total spoilage

Question: The production units that do not meet customer specification, but can be sold to other customers as finished goods are classified as ____________?

• 1. reduced work
• 2. spoilage
• 3. rework
• 4. scrap

Question: If the transferred out total cost is $1850000 and the number of good units (produced), then the cost per good unit transferred out and completed can be __________?

• 1. 245.1724
• 2. 255.1724
• 3. 278.1724
• 4. 268.1724

Question: The normal spoilage is subtracted from total spoilage to calculate _____________?

• 1. abnormal spoilage
• 2. Gross weighted spoilage
• 3. inventoriable spoilage
• 4. partial spoilage

Question: The residual material which results from manufacturing products is called ___________?

• 1. reduced work
• 2. spoilage
• 3. rework
• 4. scrap

Question: An amount of spoilage that is natural in any particular production process is classified as ___________?

• 1. normal scrap
• 2. normal spoilage
• 3. abnormal spoilage
• 4. weighted spoilage

Question: If the units of normal spoilage are 150 and the total good units manufactured are 1500, then the normal spoilage rate would be __________?

• 1. 14%
• 2. 15%
• 3. 10%
• 4. 12%