BMGT221 practice test acct

BMGT221 practice test acct - 6 Jenny was reviewing the...

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7) Using account analysis, what type of cost is the price of gasoline when your car gets 20 miles per gallon and each gallon costs $3.10? A)Fixed B) Mixed Quu,,uot" D) Step 8) Gerry's Gym provides monthly memberships as well as personal training sessions' The personal trainers earn 50% of the revenue for all personal training sessions. The gym also sells nutrition products. Gerry's general ledger accounts indicate the following for the year. The front desk staff wages expense remains the same throughout the year. 6) Jenny was reviewing the water bili for her doggy day spa and determined that her highest bil1, g3,000, occurred in July when she washed 2,000 dogs and her lowest bill, $2,000, occurred in November when she washed 1,000 dogs. \.44rat was the fixed rate for ]enny's water bill? A) $3,000 B) $2,000 $1,000 D) $1,soo Account Amount Account Amount Membership revenue $100,000 Personal trainer wages expense ? Personal training revenue 50,000 Space rental expense 24,000 Product sales 75,000 Straight line depreciation expense 4,000 Cost of product sold 40,000 Rental insurance expense 2,000 Front desk staff wages exP. 10,000 Beginning finished goods inventory 0 Goods manufactured 12,000 ba1ls Ending finished goods inventorY 2,000 bails Sales commissions $3.00 per bail sold Fixed manuf acturing overhead $36,000 Fixed marketing expenses $10,000 Sales
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BMGT221 practice test acct - 6 Jenny was reviewing the...

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