Homework Answers
Answer :
Option - A, The cost of sending monthly statements to customers.
Explanation :
The cost of sending monthly statements to customers is not a cost resulting from a unit level activity. It does not affect with the change in unit level.
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Question 39 3 pts 39. Which of the following is not a cost resulting from a...
Which of the following is not a cost resulting from a unit-level activity? a) The cost...
Which of the following is not a cost resulting from a unit-level activity? a) The cost of electricity to power manufacturing equipment. b) The indirect cost of glue used on each product. c) The cost of sending monthly statements to customers. d) The per unit cost of packaging goods.
URGENT!!!! Question 3 1 pts Which of the following refers to using refined cost information to...
URGENT!!!!
Question 3 1 pts Which of the following refers to using refined cost information to make decisions that increase profits while satisfying customers' needs? departmental costing activity-based management traditional costing activity-based costing D Question 4 1 pts In a factory that produces both ketchup and mustard, depreciation on equipment that can only be used to produce ketchup would be classified as a facilities-level activity batch-level activity nit-level activity product-level activity
Question 9 Match the following statements to the appropriate terms. Allocates overhead to multiple activity cost...
Question 9 Match the following statements to the appropriate terms. Allocates overhead to multiple activity cost pools, then assigns the activity cost pools to products. An activity that has a direct cause-effect relationship with the resources consumed. Increases the worth of a product or service to customers. Should be eliminated or reduced. Plant management. Engineering changes. Equipment setups. Assembling. Primary objective is to eliminate all manufacturing inventories. Used to initiate manufacturing under JIT processing. Activity-based costing Product-level activity Unit-level activity...
Question 3 4 pts An increase in the level of activity will have which of the...
Question 3 4 pts An increase in the level of activity will have which of the following effects on unit costs for variable and fixed costs: Unit Variable Cost a. Increases b. Remains constant c. Decreases d. Remains constant Unit Fixed Cost Decreases Remains constant Remains constant Decreases oc o o Question 8 4 pts Which of the following costs are variable? Cost - sio 10,000 Units $100,000 40,000 90,000 50,000 30,000 Units $300,000 240,000 90.000 150,000 1 and 4...
5 pts Question 13 Which of the following would be considered an indirect cost of manufacturing...
5 pts Question 13 Which of the following would be considered an indirect cost of manufacturing a wood and glass table? the rent paid for the building where the table is assembled the wood in the table the glass used for the table top the amount of wages paid to the persons assembling the table > Question 14 5 Which of the following statements is true about job order costing? Job order costing ignores all indirect costs. It is used...
2-39 Income statement and schedule of cost of goods manufactured. The Howell Corporation has the following...
2-39 Income statement and schedule of cost of goods manufactured. The Howell Corporation has the following account balances (in millions): $15 For Specific Date For Year 2017 Direct materials inventory, Jan 1, 2017 Purchases of direct materials $325 Work-in-process inventory, Jan. 1, 2017 10 Direct manufacturing labor 100 Finished goods inventory, Jan. 1, 2017 Depreciation-plant and equipment Direct materials inventory, Dec. 31, 2017 Plant supervisory salaries Work-in-process inventory, Dec. 31, 2017 Miscellaneous plant overhead Finished goods inventory, Dec. 31, 2017...
Which one of the following statements about cost behaviour is true? Select one: Fixed costs per...
Which one of the following statements about cost behaviour is true? Select one: Fixed costs per unit vary with the level of activity. Variable costs per unit are not constant within the relevant range. Total fixed costs are not constant within the relevant range. Total variable costs are constant within the relevant range. Pizza Paradise makes and sells only one kind of Pizza; Hawaiian Pizza, which is made with a key ingredient, Pineapple slices. Classify the Pineapple slices used in...
Question 6 1 pts Trojan Company produces a single product. The cost of producing and selling...
Question 6 1 pts Trojan Company produces a single product. The cost of producing and selling a single unit of this product at the company's normal activity level of 8,325 units per year is: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expense Fixed selling and administrative expense $2.5 $2.97 $0.47 $4.28 $1.49 $1.95 The normal selling price is $15.02 per unit. The company's capacity is 10,059 units per month. An order has been...
3 pts D Question 19 Peanut, Inc. produces stuffed animal Snoopy that sells at $180 each....
3 pts D Question 19 Peanut, Inc. produces stuffed animal Snoopy that sells at $180 each. Direct materials cost $30 per unit, and direct labor costs $20 per unit. Manufacturing overhead is applied at a rate of 200% of direct labor cost. Nonmanufacturing costs are $54 per unit. What is the gross profit margin for the stuffed animal Snoopy? 20.0% O 80.0% 0 62.5% 50.0% Question 20 3 pts Which of the following is the best example of a batch-level...
The following data are for the two products produced by Tadros Company. The following data are...
The following data are for the two products produced by Tadros
Company.
The following data are for the two products produced by Tadros Company. Direct materials Direct labor hours Machine hours Batches Volume Engineering modifications Number of customers Market price Product A $15 per unit 0.5 DLH per unit 0.4 MH per unit 200 batches 16,000 units 18 modifications 400 customers $55 per unit Product B $30 per unit 1.5 DLH per unit 1.2 MH per unit 360 batches 3,600...
URGENT!!!!
Question 3 1 pts Which of the following refers to using refined cost information to make decisions that increase profits while satisfying customers' needs? departmental costing activity-based management traditional costing activity-based costing D Question 4 1 pts In a factory that produces both ketchup and mustard, depreciation on equipment that can only be used to produce ketchup would be classified as a facilities-level activity batch-level activity nit-level activity product-level activity
Question 9 Match the following statements to the appropriate terms. Allocates overhead to multiple activity cost pools, then assigns the activity cost pools to products. An activity that has a direct cause-effect relationship with the resources consumed. Increases the worth of a product or service to customers. Should be eliminated or reduced. Plant management. Engineering changes. Equipment setups. Assembling. Primary objective is to eliminate all manufacturing inventories. Used to initiate manufacturing under JIT processing. Activity-based costing Product-level activity Unit-level activity...
Question 3 4 pts An increase in the level of activity will have which of the following effects on unit costs for variable and fixed costs: Unit Variable Cost a. Increases b. Remains constant c. Decreases d. Remains constant Unit Fixed Cost Decreases Remains constant Remains constant Decreases oc o o Question 8 4 pts Which of the following costs are variable? Cost - sio 10,000 Units $100,000 40,000 90,000 50,000 30,000 Units $300,000 240,000 90.000 150,000 1 and 4...
5 pts Question 13 Which of the following would be considered an indirect cost of manufacturing a wood and glass table? the rent paid for the building where the table is assembled the wood in the table the glass used for the table top the amount of wages paid to the persons assembling the table > Question 14 5 Which of the following statements is true about job order costing? Job order costing ignores all indirect costs. It is used...
2-39 Income statement and schedule of cost of goods manufactured. The Howell Corporation has the following account balances (in millions): $15 For Specific Date For Year 2017 Direct materials inventory, Jan 1, 2017 Purchases of direct materials $325 Work-in-process inventory, Jan. 1, 2017 10 Direct manufacturing labor 100 Finished goods inventory, Jan. 1, 2017 Depreciation-plant and equipment Direct materials inventory, Dec. 31, 2017 Plant supervisory salaries Work-in-process inventory, Dec. 31, 2017 Miscellaneous plant overhead Finished goods inventory, Dec. 31, 2017...
Which one of the following statements about cost behaviour is true? Select one: Fixed costs per unit vary with the level of activity. Variable costs per unit are not constant within the relevant range. Total fixed costs are not constant within the relevant range. Total variable costs are constant within the relevant range. Pizza Paradise makes and sells only one kind of Pizza; Hawaiian Pizza, which is made with a key ingredient, Pineapple slices. Classify the Pineapple slices used in...
Question 6 1 pts Trojan Company produces a single product. The cost of producing and selling a single unit of this product at the company's normal activity level of 8,325 units per year is: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expense Fixed selling and administrative expense $2.5 $2.97 $0.47 $4.28 $1.49 $1.95 The normal selling price is $15.02 per unit. The company's capacity is 10,059 units per month. An order has been...
3 pts D Question 19 Peanut, Inc. produces stuffed animal Snoopy that sells at $180 each. Direct materials cost $30 per unit, and direct labor costs $20 per unit. Manufacturing overhead is applied at a rate of 200% of direct labor cost. Nonmanufacturing costs are $54 per unit. What is the gross profit margin for the stuffed animal Snoopy? 20.0% O 80.0% 0 62.5% 50.0% Question 20 3 pts Which of the following is the best example of a batch-level...
The following data are for the two products produced by Tadros
Company.
The following data are for the two products produced by Tadros Company. Direct materials Direct labor hours Machine hours Batches Volume Engineering modifications Number of customers Market price Product A $15 per unit 0.5 DLH per unit 0.4 MH per unit 200 batches 16,000 units 18 modifications 400 customers $55 per unit Product B $30 per unit 1.5 DLH per unit 1.2 MH per unit 360 batches 3,600...
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