quiz - _ is present whenever products have different...

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1.5 Correct 1.5 Correct 1.5 4 Correct 1.5 0.5 1.5 1.5 Correct 1.5 8 Correct 1.5 ? ? 1.5 Correct 1.5 1 ? 1.5 1.5 1.5 incorrect Correct 1.5 1.5 1.5 Correct 1.5 1.5 1.5 10 1.5 9 Correct 1.5 1.5 1.5 11 Correct 1.5 incorrect Correct 1.5 ______ is present whenever products have different consumptin ratios for different overhead activities. Product diversity A ________ ratio measures the proportion of an activity consumed by a product. Consumption A company takes 7,500 hours to produce 15,000 units of a product. What is the velocity? 2 unit per hour A direct cost is a cost that can be easily traced to the particular cost object under consideration. True A line position is one that is directly related to the achievement of the basic objectives of an organizaiton. True All product costs other than direct materials and indirect labor are called overhead False Assume that a company takes 5,000 hours to produce 10,000 units of a product. What is the cycle time? 0.5 hour Costs can be assigned to cost objects in a number of ways. True Esfeld Company is a wholesale distributor that uses activity based costing for all of its overhead costs. The company has provided the following data concerning its annual overhead costs and its activity base costing system: Overhead costs Wages and Salaries: $280,000 Other expenses: $100,000 ....What would be the total overhead cost per customer according to the activity based costing system? $280,000 $3,120 Esfeld Company is a wholesale distributor that uses activity based costing for all of its overhead costs. The company has provided the following data concerning its annual overhead costs and its activity base costing system: Overhead costs Wages and Salaries: $280,000 Other expenses: $100,000 ....To the nearest whole dollar, how much wages and salaries cost would be allocated to a customer who made 6 orders in a year? $2,223 Factory overhead is an example of a: variable cost Financial accounting: is required by regulatory bodies such as the SEC Financial and managerial accounting are similar in that both: involve summarizing financial data In the new business environment, the managerial accounting function should: adapt to the changing business environment by adopting methods that support the strategic initiatives. Management accountants in an organization are typically: staff positions Management accounting: Has no mandatory rules Managerial accounting is concerned with providing information to creditors and others outside of an organization. False Marger, Inc., provided the following data for two recent months: April May Sales in Units Cost 3,200 4,500 Cost T 5,600 5,600 Cost U 4,480 6,300 Cost W 3,950 5,250 Which of the following classifications best describes the behavior of Cost W? Variable
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quiz - _ is present whenever products have different...

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