Answer selected answer 8500 question 16 2 out of 2

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Answer Selected Answer: $8,500. Question 16 2 out of 2 points Furniture Co. incurred the following costs during 2010:
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What was the amount of direct materials and direct labor used for the year? Answer Selected Answer: D Question 17 2 out of 2 points The change in total cost associated with each change in the quantity of the cost driver is: Answer Selected Answer: Variable cost. Question 18 2 out of 2 points Woodcarving Co. incurred the following costs during 2010:
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What was the amount of direct materials and direct labor used for the year? Answer Selected Answer: C Question 19 2 out of 2 points Tierney Construction, Inc. recently lost a portion of its financial records in an office theft. The following accounting information remained in the office files:
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Direct labor cost incurred during the period amounted to 2.5 times the factory overhead. The CFO of Tierney Construction, Inc.has asked you to recalculate the following accounts and to report to him by the end of tomorrow. What should be the amount of direct materials purchased? Answer Selected Answer: $12,000. Question 20 2 out of 2 points The following information was taken from the accounting records of Elliott Manufacturing Corp.
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Unfortunately, some of the data were destroyed by a computer malfunction. Cost of goods manufactured is calculated to be: Answer Selected Answer: $33,000. Question 21 2 out of 2 points Which of the following activities is a facility-level activity? Answer Selected Answer: Question 22
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2 out of 2 points Processing sales returns and allowances is usually classified as a: Answer Selected Answer: Question 23 2 out of 2 points A measure of frequency and intensity of demands placed on activities by cost objects is: Answer Selected Answer: Question 24 2 out of 2 points In an activity- based costing system, overhead costs are divided into separate: Answer Selected Answer: Question 25 2 out of 2 points
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Nerrod Company sells its products at $500 per unit, net 30. The firm's gross margin ratio is 40 percent. The firm has estimated the following operating costs: Nerrod Company has gathered the following data pertaining to activities it performed for two of its customers: What is Nerrod's total customer- sustaining cost applicable to Ninto? Answer
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Selected Answer: $4,000. Question 26 2 out of 2 points Costs at the unit- level of activity should be allocated to products using cost drivers that are: Answer Selected Answer: Volume-related. Question 27 2 out of 2 points Effective implementation of activity-based costing (ABC) requires: Answer Selected Answer: Question 28 2 out of 2 points Diamond Cleats Co. manufactures cleats for baseball shoes. It has outlined the following overhead cost drivers:
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Diamond Cleats Co. has an order for cleats that has the following production requirements: Using activity- based costing, applied quality control factory overhead for the baseball cleat order is: Answer Selected Answer: $24,375. Question 29 2 out of 2 points Blake Company has $15,000 cash at the beginning of June and anticipates $50,000 in cash
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receipts and $34,500 in cash disbursements.
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