quiz chapters 14,15 and 11

quiz chapters 14,15 and 11 - Howard Community College Cost...

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Howard Community College Cost Accounting 215 Quiz Chapter 14, 15 and 11 THE FOLLOWING INFORMATION APPLIES TO QUESTIONS 1 THROUGH 3. Edna’s Flowering Plants provides the following information for the month of May: Actual Budget Tulips Geraniums Tulips Geraniums Sales in units 1,950 1,800 2,250 1,500 Contribution margin per unit $11 $18 $10 $20 1. What is the budgeted contribution margin per composite unit for the actual mix? a. $13.80 b. $14.00 c. $14.36 d. $14.80 2. What is the budgeted contribution margin per composite unit for the budgeted mix? a. $13.80 b. $14.00 c. $14.36 d. $14.80 3. For May, Edna will report a. a favorable sales-mix variance. b. an unfavorable sales-mix variance. c. a favorable sales-volume variance. d. an unfavorable sales-volume variance. 4. Corporate-sustaining costs a. are common to all individual customers. b. have a clear cause-and-effect relationship with several cost-allocation bases. c. should be allocated for decisions regarding reducing customer costs. d. apply to all of the above. 5. The allocation of corporate-sustaining costs is useful for a. evaluating the performance of salespersons with individual customer accounts. b. motivating distribution-channel management. c. focusing on the cause-and-effect relationships with the cost-allocation bases. d. none of the above. 6. More insight into the static-budget variance can be gained by subdividing it into a. the sales-mix variance and the sales-quantity variance. b. the market-share variance and the market-size variance. c. the flexible-budget variance and the sales-volume variance. d. a cost hierarchy.
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Howard Community College Cost Accounting 215 Quiz Chapter 14, 15 and 11 THE FOLLOWING INFORMATION APPLIES TO QUESTIONS 7 THROUGH 10. The Bonawitz Corporation has a central copying facility. The copying facility has only
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quiz chapters 14,15 and 11 - Howard Community College Cost...

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