Ch2AcctQuiz - UTA acct 4304 CHAPTER 2 QUIZ 1 Tanner Co management desires cost information regarding their Rawhide brand The Rawhide brand is a(n A.cost

Ch2AcctQuiz - UTA acct 4304 CHAPTER 2 QUIZ 1 Tanner Co...

This preview shows page 1 - 2 out of 3 pages.

UTA acct 4304CHAPTER 2 QUIZ1. Tanner Co. management desires cost information regarding their Rawhide brand. The Rawhide brand is a(n) A .cost object. b. cost driver. c. cost assignment. d. actual cost. 2. The cost of replacement light bulbs on campus would be a direct cost to a college but would need to be allocated as an indirect cost to 3. What is the total fixed cost of the shipping department of EZ-Mail Clothing Co. if it has the following information for 2002? Salaries $800,000 75% of employees on guaranteed contracts Packaging $400,000 depending on size of item(s) shipped Postage $500,000 depending on weight of item(s) shipped Rent of warehouse space $250,000 annual lease 4. Morton Graphics successfully bid on a job printing standard notebook covers during the year using last year’s price of $0.27 per cover. This amount was calculated from prior year costs, noting that no changes in any costs had occurred from the past year

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture