Chapter 15 assignment - Aaron New ACC 240 Section 33858 Aug...

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Aaron New ACC 240 – Section 33858 Aug 29, 2010 Chapter 15 assignment PE 15-2: Which one of the following is correct? e. Management accounting evolves from the best practices of managers working within their companies. PE 15-3: Which one of the following is incorrect? a. Management accounting is not as important as financial accounting for the competitive success of a company. PE 15-8: Which one of the following is an example of a variable cost? c. Wood used to make custom tables. PE 15-9: Which one of the following is an example of a product cost for a manufacturing company? d. Wages paid to factory workers. PE 15-10: Which one of the following statements is incorrect? a. Manufacturing overhead includes all direct material and direct labor costs. Exercise 15-20 A1. Direct materials cost: 90,000+7,500=$97,500 A2. Direct labor cost: $67,500 A3. Manufacturing overhead: 2,500+40,000+(3/4)(25,000)+6,000+(3/4)(15,000)=$78,500 A4. Period costs: 80,000+(1/4)(25,000)+(1/4)(15,000)+10,000=$100,000
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This note was uploaded on 10/16/2011 for the course ACC 240 taught by Professor Sidneyford during the Fall '10 term at Chandler-Gilbert Community College.

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Chapter 15 assignment - Aaron New ACC 240 Section 33858 Aug...

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