Question tco 1 shulas 347 grill has budgeted the

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4. Question : (TCO 1) Shula’s 347 Grill has budgeted the following costs for a month in which 1,600 steak dinners will be produced and sold: materials, $4,080; hourly labor (variable), $5,200; rent (fixed), $1,700; depreciation, $800; and other fixed costs, $600. Each steak dinner sells for $14.00 each. What is the budgeted fixed cost per unit? Student Answer: $1.06 $1.44 $4.49 $1.94 Instructor Explanation: Chapter 1, Page 9 ($1,700 + $800 + $600) / 1,600 = $1.94 1883380898 MultipleChoice 7 True 0 1883380898 MultipleChoice 7
Points Received: 0 of 4
MIDTERM ACCT 346 Comments: 5. Question : (TCO 1) Which of the following costs is not part of manufacturing overhead? 1883380899 MultipleChoice 12 False 0 1883380899 MultipleChoice 12
Instructor Explanation: Chapter 2, Page 37 Points Received: 0 of 4 Comments: 6. Question : (TCO 1) Product costs 1883380900 MultipleChoice 14 False 0 1883380900 MultipleChoice 14
Instructor Explanation: Chapter 2, Page 38 Points Received: 4 of 4 Comments: 1883380901 MultipleChoice 16 True
MIDTERM ACCT 346

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