Quiz 3 - [ACCT3104] MANAGERIAL COSTING AND CONTROL (ST...

Info iconThis preview shows pages 1–12. Sign up to view the full content.

View Full Document Right Arrow Icon
[ACCT3104] MANAGERIAL COSTING AND CONTROL (ST LUCIA AND IPSWICH). SEMESTER 2, 2008 (ACCT3104S_5860IPX) > TAKE ASSESSMENT: QUIZ 1 12TH EDN Take Assessment: quiz 1 12th edn Name quiz 1 12th edn Instructions Timed Assessment This Test has a 1 hour and 5 minute timer.The elapsed time appears at the top right of the window. A 1 minute warning will be displayed. Multiple Attempts This Test allows 3 attempts. This is attempt number 1. Force Completion This Test must be completed now.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Question Completion Status: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Question 1 1 points Save The FIRST step to successful balanced scorecard implementation is
Background image of page 2
clarifying the:
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
objecti ves of all four balanc ed scoreca rd measur ement perspe ctives owner' s expect ations about return on invest ment elemen ts that pertain to value- added aspects of the busines s organiz ation's vision and strateg y
Background image of page 4
Question 2 1 points Save Surveys of employee satisfaction is an example of a balanced-scorecard measure of the: custom er perspec tive internal busines s process perspec tive learnin g and growth perspec tive financi al perspec tive Question 3 1 points Save Which of the following is NOT true of the balanced scorecard?
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 6
Only object ive measu res should be used and subjec tive measu res should be avoide d. Succe ssful imple menta tion requir es comm itment and leader ship from top manag ement. Differ ent strateg ies call for differe nt scorec
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Question 4 1 points Save Answer the following questions using the information below: Bugos Company makes a household appliance with model number XX300. The goal for 20X4 is to reduce direct materials usage per unit. No defective units are currently produced. Manufacturing conversion costs depend on production capacity defined in terms of XX300 units that can be produced. The industry market size for appliances increased 5% from 20X3 to 20X4. The following additional data are available for 20X3 and 20X4: 20X320X4 Units of XX300 produced and sold 10,000 10,500 Selling price $100 $95 Direct materials (square feet) 30,000 29,000 Direct material costs per square foot $10 $11 Manufacturing capacity for XX300 (units) 12,500 12,000 Total conversion costs $250,000 $240,000 Conversion costs per unit of capacity $20 $20 Which strategy is Bugos Corporation pursuing?
Background image of page 8
Cost leaders hip, becaus e the selling price decrea sed. Cost leaders hip, becaus e direct materi al costs per square foot increas ed. Produc t differe ntiatio n, becaus e total conver sion costs decrea sed. Produc t differe
Background image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Question 5 1 points Save An operating income analysis of Sara McCullough Incorporated revealed the following: Operating income for 2005 $500,000 Add growth component 25,000 Deduct price-recovery component (15,000) Add productivity component 60,000 Operating income for 2006 $570,000 McCullough's operating income gain is consistent with the:
Background image of page 10
differe ntiation strateg y downsi zing strateg y cost leaders hip strateg y reengin
Background image of page 11

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 12
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 10/21/2009 for the course ACCT 3104 taught by Professor Mrssandralazzarini during the One '09 term at Queensland.

Page1 / 47

Quiz 3 - [ACCT3104] MANAGERIAL COSTING AND CONTROL (ST...

This preview shows document pages 1 - 12. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online