FinMan10e_BTest_ch26

FinMan10e_BTest_ch26 - 10th Edition FINANCIAL MANAGERIAL ACCOUNTING Warren/Reeve/Duchac Chapter Test 26B Score Name Course Section NOTE Each of the

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10th Edition Warren/Reeve/Duchac Chapter Test 26B Score % Name Course Section NOTE: Each of the 25 correct answers is assigned a weight of 4%. FILL-IN-THE-BLANK—PRINCIPLES AND TERMINOLOGY—60% INSTRUCTIONS: Complete each of the following statements by writing the appropriate words or amount B
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TEST 11 (Continued) in the Answers column. For Answers Scoring 0. The greatest advantages of using a single plant-wide overhead rate are that it is simple and . ..................................................................................... inexpensive 0. ____ 1. If all products produced require the same amount of overhead costs, it is common to allocate those costs using a . ................................................... 1. ____ 2. A single factory overhead rate is computed by dividing total budgeted factory overhead costs by the . .................................................................... 2. ____ 3-5. The three overhead allocation methods are . ..............................................
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139 TEST 11 (Concluded) 3. 1. . ................................................................................................................. 3. ____ 4. 2. ................................................................................................................. 4. ____ 5. 3. ................................................................................................................. 5. ____ 6. When the single plantwide factory overhead rate method is used to allocate factory overhead to products, each department uses (the same, a different) overhead rate . ............................................................................................. 6. ____
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This note was uploaded on 07/17/2011 for the course ACCT 102 taught by Professor Martinez during the Summer '11 term at Rio Hondo College.

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FinMan10e_BTest_ch26 - 10th Edition FINANCIAL MANAGERIAL ACCOUNTING Warren/Reeve/Duchac Chapter Test 26B Score Name Course Section NOTE Each of the

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