Question 1 The managerial accounting reports of a company would be of most interest and benefits to the company's:
Question 1 The managerial accounting reports of a company would be of most interest and benefits to the company's:
A banker B. largest stockholder C. bondholders D. vice president of manufacturing
Question 2
Which of the following would NOT be classified as a product cost?
A. Direct materials
B. Direct labor
C. Indirect materials
D. Insurance on the manufacturing plant
E. Sales commissions
Question 3 Which of the following is NOT a broad cost classification category typically used in activity-based costing?
A Unit-level B. Batch-level C. Product-sustaining level D. Facility-level E. Travel-level
Question 4 The salary that is sacrificed by a college student who pursues a degree full time is a(n):
A. sunk cost. B. out-of-pocket cost. C. opportunity cost. D. differential cost. E.marginal cost.
Question 5 A cost incurred in the past that is not relevant to any current decision being considered is classified as a(n):
A prime cost. B. opportunity cost. C. sunk cost. D. differential cost.
Homework Answers
Question 1, Answer: D. vice president of manufacturing
Question 2, Answer: E. Sales Commission
Question 3, Answer: E. Travel-level
Question 4, Answer: C. opportunity cost
Question 5, Answer: C. Sunk cost
Add Answer to:
Question 1 The managerial accounting reports of a company would be of most interest and benefits to the company's:
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Imperial Jewelers manufactures and sells a gold bracelet for $406.00. The company's accounting system says that the unit product cost for this bracelet is $263.00 as shown below: Direct materials Direct labor Manufacturing overhead Unit product cost $146 87 30 points $ 263 eBook The members of a wedding party have approached Imperial Jewelers about buying 22 of these gold bracelets for the discounted price of $366.00 each. The members of the wedding party would like special filigree...
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question help for finding required #2 managerial Accounting
question 4 ,
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