{"id":59663,"date":"2024-04-16T01:41:15","date_gmt":"2024-04-16T01:41:15","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=59663"},"modified":"2024-04-16T01:41:15","modified_gmt":"2024-04-16T01:41:15","slug":"sum-of-beginning-work-in-process-inventory-units-and-started-units-is-subtracted-from-sum-of-ending-work-in-process-inventory-units-and-transferred-out-units-of-goods-to-calculate","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/sum-of-beginning-work-in-process-inventory-units-and-started-units-is-subtracted-from-sum-of-ending-work-in-process-inventory-units-and-transferred-out-units-of-goods-to-calculate\/","title":{"rendered":"Sum of beginning work in process inventory units and started units, is subtracted from sum of ending work in process inventory units and transferred out units of goods to calculate"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Gross weighted spoilage&#8221; option2=&#8221;inventoriable spoilage&#8221; option3=&#8221;partial spoilage&#8221; option4=&#8221;total spoilage&#8221; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The correct answer is: <strong>A. Gross weighted spoilage<\/strong><\/p>\n<p>Gross weighted spoilage is the total amount of spoiled units produced during a period, multiplied by the standard unit cost of production. It is calculated by subtracting the sum of the ending work in process inventory units and the transferred out units of goods from the sum of the beginning work in process inventory units and the started units.<\/p>\n<p>Inventoriable spoilage is the portion of the gross weighted spoilage that is considered to be a normal and unavoidable part of the production process. It is included in the cost of goods sold.<\/p>\n<p>Partial spoilage is the portion of the gross weighted spoilage that is considered to be abnormal and avoidable. It is not included in the cost of goods sold, but is instead charged to an expense account.<\/p>\n<p>Total spoilage is the sum of the gross weighted spoilage and the partial spoilage.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Gross weighted spoilage&#8221; option2=&#8221;inventoriable spoilage&#8221; option3=&#8221;partial spoilage&#8221; option4=&#8221;total spoilage&#8221; correct=&#8221;option1&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[952],"tags":[],"class_list":["post-59663","post","type-post","status-publish","format-standard","hentry","category-costing","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sum of beginning work in process inventory units and started units, is subtracted from sum of ending work in process inventory units and transferred out units of goods to calculate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/sum-of-beginning-work-in-process-inventory-units-and-started-units-is-subtracted-from-sum-of-ending-work-in-process-inventory-units-and-transferred-out-units-of-goods-to-calculate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sum of beginning work in process inventory units and started units, is subtracted from sum of ending work in process inventory units and transferred out units of goods to calculate\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Gross weighted spoilage&#8221; 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option2=&#8221;inventoriable spoilage&#8221; option3=&#8221;partial spoilage&#8221; option4=&#8221;total spoilage&#8221; correct=&#8221;option1&#8243;]","og_url":"https:\/\/exam.pscnotes.com\/mcq\/sum-of-beginning-work-in-process-inventory-units-and-started-units-is-subtracted-from-sum-of-ending-work-in-process-inventory-units-and-transferred-out-units-of-goods-to-calculate\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2024-04-16T01:41:15+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/sum-of-beginning-work-in-process-inventory-units-and-started-units-is-subtracted-from-sum-of-ending-work-in-process-inventory-units-and-transferred-out-units-of-goods-to-calculate\/","url":"https:\/\/exam.pscnotes.com\/mcq\/sum-of-beginning-work-in-process-inventory-units-and-started-units-is-subtracted-from-sum-of-ending-work-in-process-inventory-units-and-transferred-out-units-of-goods-to-calculate\/","name":"Sum of beginning work in process inventory units and started units, is subtracted from sum of ending work in process inventory units and transferred out units of goods to calculate","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2024-04-16T01:41:15+00:00","dateModified":"2024-04-16T01:41:15+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/sum-of-beginning-work-in-process-inventory-units-and-started-units-is-subtracted-from-sum-of-ending-work-in-process-inventory-units-and-transferred-out-units-of-goods-to-calculate\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/sum-of-beginning-work-in-process-inventory-units-and-started-units-is-subtracted-from-sum-of-ending-work-in-process-inventory-units-and-transferred-out-units-of-goods-to-calculate\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/sum-of-beginning-work-in-process-inventory-units-and-started-units-is-subtracted-from-sum-of-ending-work-in-process-inventory-units-and-transferred-out-units-of-goods-to-calculate\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"Costing","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/costing\/"},{"@type":"ListItem","position":3,"name":"Sum of beginning work in process inventory units and started units, is subtracted from sum of ending work in process inventory units and transferred out units of goods to calculate"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/59663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=59663"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/59663\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=59663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=59663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=59663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}