{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

bu_247_practice_exam_09-3 - MULTIPLECHOICE. ,phones...

Info icon This preview shows pages 1–40. Sign up to view the full content.

View Full Document Right Arrow Icon
MULTIPLE CHOICE.  Choose the one alternative that best completes the statement or answers the question.  The Finn Company provided the following information regarding its one and only product, phones: Selling price per unit $ 80 Direct materials used 120,000 Direct labour 180,000 Variable factory overhead 112,000 Variable selling and administrative expenses 48,000 Fixed factory overhead 168,000 Fixed selling and administrative expenses 32,000 Units produced and sold 10,000 1) 
Image of page 1

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

View Full Document Right Arrow Icon
The unit  cost of a  phone  using the  contributi on  approach  is 
Image of page 2
1) 
Image of page 3

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

View Full Document Right Arrow Icon
_______  A) 
Image of page 4
$20.00. 
Image of page 5

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

View Full Document Right Arrow Icon
B) 
Image of page 6
$66.00. 
Image of page 7

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

View Full Document Right Arrow Icon
C) 
Image of page 8
$58.00. 
Image of page 9

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

View Full Document Right Arrow Icon
D)  $ 4  
Image of page 10
The unit  cost of a  phone  under the  absorptio approach  is 
Image of page 11

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

View Full Document Right Arrow Icon
2)  ____ ___ 
Image of page 12
$66.00. 
Image of page 13

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

View Full Document Right Arrow Icon
B) 
Image of page 14
$58.00. 
Image of page 15

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

View Full Document Right Arrow Icon
C) 
Image of page 16
$46.00. 
Image of page 17

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

View Full Document Right Arrow Icon
D)  $ 2  
Image of page 18
The effect  of price  changes  on sales  volume is 
Image of page 19

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

View Full Document Right Arrow Icon
3)  ____ ___ 
Image of page 20
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern