Man10e_ATest_ch05

Man10e_ATest_ch05 - 10th Edition MANAGERIAL ACCOUNTING...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon

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

View Full DocumentRight Arrow Icon

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

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

Unformatted text preview: 10th Edition MANAGERIAL ACCOUNTING Warren/Reeve/Duchac Chapter Test 5A Score % Name Course Section Note: Each of the 25 correct answers is assigned a weight of 4%. FILL-IN-THE-BLANKPRINCIPLES AND TERMINOLOGY60% INSTRUCTIONS: Complete each of the following statements by writing the appropriate word or amount in the Answers column. For A TEST 1 (Continued) Answers Scoring 0. The accounting method necessary in determining historical costs for financial reporting if called ........................................................................... A bsorption costing 0. ____ 1. Another name for variable costing is........................................................... 1. ____ 2. The term applied to the conventional concept that includes both fixed and variable manufacturing costs as part of the cost of products manufactured is 2. ____ 3. In the variable costing income statement, deduction of variable operating expenses from manufacturing margin yields .............................................. 3. ____ 4. In the variable costing income statement, deduction of variable cost of goods sold from sales yields ....................................................................... 4. ____ 5. In the absorption costing income statement, deduction of cost of goods sold from sales yields .................................................................................. 5. ____ 6. The concept (variable or absorption costing) that would yield the higher income from operations for a period during which the number of units manufactured is more than the number of units sold is ..............................manufactured is more than the number of units sold is ....
View Full Document

Page1 / 6

Man10e_ATest_ch05 - 10th Edition MANAGERIAL ACCOUNTING...

This preview shows document pages 1 - 4. Sign up to view the full document.

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