Quiz 4-solution

Quiz 4-solution - [ACCT3104] MANAGERIAL COSTING AND CONTROL...

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[ACCT3104] MANAGERIAL COSTING AND CONTROL (ST LUCIA AND IPSWICH). SEMESTER 2, 2008 (ACCT3104S_5860IPX) > ASSESSMENT > QUIZZES > REVIEW ASSESSMENT: QUIZ 1 12TH EDN Review Assessment: quiz 1 12th edn
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User Wen Chaw Seow Submitted 8/28/08 2:41 AM Name quiz 1 12th edn Status Completed Score 27 out of 30 points Time Elapsed 0 hours, 27 minutes, and 35 seconds out of 1 hours and 5 minutes allowed. Instructions
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Question 1 1 out of 1 points Answer the following questions using the information below: Jim's 5-year-old Geo Prizm requires repairs estimated at $3,000 to make it roadworthy again. His friend, Julie, suggested that he should buy a 5-year-old used Honda Civic instead for $3,000 cash. Julie estimated the following costs for the two cars: Geo Prizm Honda Civic Acquisition cost $15,000 $3,000 Repairs $ 3,000 Annual operating costs (Gas, maintenance, insurance) $ 2,280 $2,100 The cost NOT relevant for this decision is the: Selected Answer: acquisition cost of the Geo Prizm Question 2 1 out of 1 points When there is excess capacity, it makes sense to accept a one-time-only special order for less than the current selling price when: Selected Answer: incremental revenues exceed incremental costs Question 3 1 out of 1 points Answer the following questions using the information below: Braun's Brakes manufactures three different product lines, Model X, Model Y, and Model Z. Considerable market demand exists for all models. The following per unit data apply: Model X Model Y Model Z
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Direct materials 6 6 6 Direct labor ($12 per hour) 12 12 24 Variable support costs ($4 per machine-hour) 4 8 8 Fixed support costs 10 10 10 If there is a machine breakdown, which model is the most profitable to produce? Selected Answer: Model X Question 4 1 out of 1 points Employee morale at Dos Santos, Inc., is very high. This type of information is known as a: Selected Answer: qualitative factor Question 5 0 out of 1 points In product-mix decisions: Selected Answer: focus on the product with the greatest contribution margin per machine-hour Question 6 1 out of 1 points For machine-replacement decisions, depreciation is a cost that is:
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This note was uploaded on 10/21/2009 for the course ACCT 3104 taught by Professor Mrssandralazzarini during the One '09 term at Queensland.

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Quiz 4-solution - [ACCT3104] MANAGERIAL COSTING AND CONTROL...

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