Man10e_ABSol_ch05

Man10e_ABSol_ch05 - 5 noncontrollable 6 variable costing 7...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
ACHIEVEMENT TEST SOLUTIONS—CHAPTER 5 TEST 5A Fill-in-the-Blank Principles and Terminology 1. direct costing 2. absorption costing 3. contribution margin 4. manufacturing margin 5. gross profit 6. absorption costing 7. absorption costing 8. variable costing 9. no 10. included 11. excluded 12. excluded 13. included 14. unit price (cost) factor 15. quantity factor
Background image of page 1

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

View Full Document Right Arrow Icon
Problem 1 Problems 1. increase 2. $15,000 3. $81,000 4. $77,000 5. $64,500 6. $65,500 7. $123,000 8. $129,000 9. increase $61,500 10. decrease $7,500
Background image of page 2
TEST 5B Fill-in-the-Blank Principles and Terminology 1. variable costing 148
Background image of page 3

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

View Full Document Right Arrow Icon
2. absorption costing 3. contribution margin 4. controllable
Background image of page 4
Background image of page 5
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 5. noncontrollable 6. variable costing 7. variable costing 8. absorption costing 9. no 10. excluded 11. excluded 12. excluded 13. included 14. unit price (cost) factor 15. quantity factor Problem 1 Problems 1. decrease 2. $55,000 * 3. $81,000 4. $77,000 5. $64,500 6. $65,500 7. $180,000 8. $192,000 9. decrease $7,500 10. increase $61,500 Additional contribution margin from sale of 1,000 units of Product T (1,000 x $65) $65,000 Less contribution margin from foregoing production and sale of Product S (3,000 x $40) 120,000 Decrease in total contribution margin $55,000 150...
View Full Document

{[ snackBarMessage ]}

Page1 / 5

Man10e_ABSol_ch05 - 5 noncontrollable 6 variable costing 7...

This preview shows document pages 1 - 5. Sign up to view the full document.

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