Homework Answers
Time shortages
Time shortages are not included in the activity estimate cost because this not an element considered while planning for the execution or completion of an activity. All the other resource categories are valid.
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QUESTION 41 An activity cost estimate includes all of the following resource categories, EXCEPT Labor (workers) Materials Equipment O Time shortages QUESTION 41 An activity cost estimate include...
QUESTION 5 The key categories of nonfinancial measurement factors include all of these except o Customer...
QUESTION 5 The key categories of nonfinancial measurement factors include all of these except o Customer measures Internal Processes measures Learning and innovation measures Sales and Profit measures QUESTION 6 1 Measurements of Measurements of Customer service, On-time delivery, Customer satisfaction and Brand recognition would fall into which of the following categories O Financial Measures Customer Measures Learning and Innovation Measures Internal Process Measures QUESTION 7 1 p. The concept of competitive strategy developed by Michael Porter identifies two main...
Overhead costs: Equipment expense Indirect labor $68,000 $11,300 Distribution of Resource Consumption Across Activity Cost Pools:...
Overhead costs: Equipment expense Indirect labor $68,000 $11,300 Distribution of Resource Consumption Across Activity Cost Pools: Oth Activity Cost Pools Processing Supervising 0.30 0.30 0.40 0.50 Equipment expense Indirect labor Other 0.20 0.30 Processing costs are assigned to products using machine-hours (MHS) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data for the company's two products follow: Activity: Product F6 Product Xo...
24. Factory overhead costs normally include all of the following except: A. Indirect labor costs. B....
24. Factory overhead costs normally include all of the following except: A. Indirect labor costs. B. Indirect material costs. C. Selling costs. D. Factory machinery oil. E. Factory rent. 25. An opportunity cost is: A. An uncontrollable cost. B. A cost of potential benefit lost. C. A change in the cost of a component. D. A direct cost. E. A sunk cost. 26. Which of the following costs is not included in factory overhead? A. Payroll taxes on the wages...
QUESTION 11 A successful research strategy includes all of the following strategies EXCEPT O A identifying...
QUESTION 11 A successful research strategy includes all of the following strategies EXCEPT O A identifying your information needs O B. talking with librarians. C. determining your audience type. O D. drawing on your own personal knowledge. O E determining how to document your research. QUESTION 12 Audience analysis can help a speaker do all of the following EXCEPT OA shape his or her verbal and nonverbal delivery B. find a captive audience. O C. identify important characteristics about the...
QUESTION 2 The following are types of costs that react to changes in activity except: A....
QUESTION 2 The following are types of costs that react to changes in activity except: A. Fixed B. Step C. Unexpired D. Mixed QUESTION 3 Which of the following is true about Variable Cost: A. The variable total cost remains constant throughout the relevant range. B. The variable unit cost is varies through the relevant range. C. The variable unit cost varies inversely with changes in the activity the relevant range. D. The variable unit cost is constant through...
QUESTION 5 A sphingomyelin includes all the following components except O amino alcohol glycerol O sphingosine...
QUESTION 5 A sphingomyelin includes all the following components except O amino alcohol glycerol O sphingosine O phosphate group fatty acid QUESTION 6 The COX-1 enzyme produces prostaglandins in response to inflammation caused by tissue damage. O True False
QUESTION 15 Advertising Costs are an example of: O 1. Fixed Manufacturing Cost O 2. Prime...
QUESTION 15 Advertising Costs are an example of: O 1. Fixed Manufacturing Cost O 2. Prime Cost O 3. Variable Product Cost O 4. Fixed Selling Cost QUESTION 5 Wood used in the manufacture of furniture is an example of O 1. Variable and direct cost O 2. Fixed and direct Cost O 3. Variable and indirect cost O 4. Fixed and indirect cost QUESTION3 The following costs are budgeted for Ghana Corporation for next year: Total variable co Total...
========================= MANAGERIAL ACCOUNTING QUESTIONS Please answer ALL in DETAILS to get upvote Thanks!!! Question 3: Cost...
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MANAGERIAL ACCOUNTING QUESTIONS
Please answer ALL in DETAILS to get upvote
Thanks!!!
Question 3: Cost terminology in manufacturing firms a) Direct materials include O only major materials and components O only raw materials such as steel and glass O all materials and components Direct labor includes O only managers who directly supervise the production process all production labor including supervisors and maintenance staff O only hourly production workers (aka assembly workers) Manufacturing overhead includes O both big items that...
Question 5 6 pts Harmony Inc. uses a job-costing system with two direct cost categories (direct...
Question 5 6 pts Harmony Inc. uses a job-costing system with two direct cost categories (direct materials and direct manufacturing labor) and one manufacturing overhead cost pool. Harmony allocates manufacturing overhead costs using direct labor costs. Harmony provides the following information: Overhead is allocated at $3/direct labor dollar. Question: How much overhead is allocated to jobs during 20X1? Budget for 20x1 Actual Results for 20X1 Direct Materials Cost $3,120,000 $1,900,000 Direct Ming Labor Cost $1,500,000 $1,450,000 Ming Overhead Cost $4,500,000...
Cost of goods sold is comprised of all the following parts EXCEPT: Direct labor Selling expenses...
Cost of goods sold is comprised of all the following parts EXCEPT: Direct labor Selling expenses Overhead Direct materials
QUESTION 5 The key categories of nonfinancial measurement factors include all of these except o Customer measures Internal Processes measures Learning and innovation measures Sales and Profit measures QUESTION 6 1 Measurements of Measurements of Customer service, On-time delivery, Customer satisfaction and Brand recognition would fall into which of the following categories O Financial Measures Customer Measures Learning and Innovation Measures Internal Process Measures QUESTION 7 1 p. The concept of competitive strategy developed by Michael Porter identifies two main...
Overhead costs: Equipment expense Indirect labor $68,000 $11,300 Distribution of Resource Consumption Across Activity Cost Pools: Oth Activity Cost Pools Processing Supervising 0.30 0.30 0.40 0.50 Equipment expense Indirect labor Other 0.20 0.30 Processing costs are assigned to products using machine-hours (MHS) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data for the company's two products follow: Activity: Product F6 Product Xo...
24. Factory overhead costs normally include all of the following except: A. Indirect labor costs. B. Indirect material costs. C. Selling costs. D. Factory machinery oil. E. Factory rent. 25. An opportunity cost is: A. An uncontrollable cost. B. A cost of potential benefit lost. C. A change in the cost of a component. D. A direct cost. E. A sunk cost. 26. Which of the following costs is not included in factory overhead? A. Payroll taxes on the wages...
QUESTION 11 A successful research strategy includes all of the following strategies EXCEPT O A identifying your information needs O B. talking with librarians. C. determining your audience type. O D. drawing on your own personal knowledge. O E determining how to document your research. QUESTION 12 Audience analysis can help a speaker do all of the following EXCEPT OA shape his or her verbal and nonverbal delivery B. find a captive audience. O C. identify important characteristics about the...
QUESTION 5 A sphingomyelin includes all the following components except O amino alcohol glycerol O sphingosine O phosphate group fatty acid QUESTION 6 The COX-1 enzyme produces prostaglandins in response to inflammation caused by tissue damage. O True False
QUESTION 15 Advertising Costs are an example of: O 1. Fixed Manufacturing Cost O 2. Prime Cost O 3. Variable Product Cost O 4. Fixed Selling Cost QUESTION 5 Wood used in the manufacture of furniture is an example of O 1. Variable and direct cost O 2. Fixed and direct Cost O 3. Variable and indirect cost O 4. Fixed and indirect cost QUESTION3 The following costs are budgeted for Ghana Corporation for next year: Total variable co Total...
=========================
MANAGERIAL ACCOUNTING QUESTIONS
Please answer ALL in DETAILS to get upvote
Thanks!!!
Question 3: Cost terminology in manufacturing firms a) Direct materials include O only major materials and components O only raw materials such as steel and glass O all materials and components Direct labor includes O only managers who directly supervise the production process all production labor including supervisors and maintenance staff O only hourly production workers (aka assembly workers) Manufacturing overhead includes O both big items that...
Question 5 6 pts Harmony Inc. uses a job-costing system with two direct cost categories (direct materials and direct manufacturing labor) and one manufacturing overhead cost pool. Harmony allocates manufacturing overhead costs using direct labor costs. Harmony provides the following information: Overhead is allocated at $3/direct labor dollar. Question: How much overhead is allocated to jobs during 20X1? Budget for 20x1 Actual Results for 20X1 Direct Materials Cost $3,120,000 $1,900,000 Direct Ming Labor Cost $1,500,000 $1,450,000 Ming Overhead Cost $4,500,000...
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