Kota Toy Corporation manufactures lizard dolls in two departments, Molding and Assembly. In the Molding Department, plastic is injected into a lizard-shaped mold. The dolls that come out of the molds are then transferred to the Assembly Department where hair is applied. Kota uses a weighted-average process cost system to collect costs in both departments.On January 1, the Molding Department had 4,000 dolls in process. These dolls were 100% complete with respect to direct materials and 70% complete with respect to conversion cost. During January, Molding completed 79,000 dolls. On January 31, Molding had 7,000 dolls in work in process. These dolls were 100% complete with respect to direct materials and 25% complete with respect to conversion cost.How many dolls were started in the Molding
Department during January?
A. 86,000
B. 76,000
C. 82,000
D. 75,000
Answer: C
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An example of a special court in the federal judicial system is the:
a. U.S. Court of Federal Claims. b. Federal District Court. c. U.S. Supreme Court. d. U.S. Court of Appeals.
Compilation reports may include
A. Compilations when the accountant is not independent. B. Compilations with full disclosure. C. Compilations that omits substantially all disclosures. D. Any of the items listed.