Practice test Chap13

Practice test Chap13 - Practice Test Chapter 13 Acctg 203...

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Unformatted text preview: Practice Test Chapter 13 Acctg 203 1. Opportunity costs are: A) the same as variable costs. B) relevant to decision making. C) not used for decision making. D) the same as historical costs. 2. Ellis Television makes and sells portable televisions. Each television regularly sells for $210. The following cost data per television is based on a full capacity of 10,000 televisions produced each period. Direct materials.............................................................................. $80 Direct labor .................................................................................... $60 Manufacturing overhead (70% variable and 30% unavoidable fixed)................................. $40 Ellis has received a special order for a sale of 2,000 televisions to an overseas customer. The only selling costs that would be incurred on this order would be $6 per television for shipping. Ellis is now selling 6,000 televisions through regular channels each period. What should be the minimum selling price per television in negotiating a price for this special order?...
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This note was uploaded on 02/14/2010 for the course ACCT 203 taught by Professor King during the Winter '09 term at Shoreline.

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Practice test Chap13 - Practice Test Chapter 13 Acctg 203...

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