D 1. The collection of all job cost sheets defines a
a. materials file.
b. cost of goods file.
c. finished goods file.
d. work-in-process file.
A 2. Which of the following firms would make extensive use of a job-order costing system?
a. Dental and medical
C 1. Which of the following is a possible solution to overcome distortions caused by unit-level rates?
a. Calculate individual rates for each activity with activity drivers.
b. Assign costs by multiplying activity rates times the amount of activity consum
Chapter 3 homework
1. All of the following are critical in determining cost behavior through managerial judgment except
a. ignoring mixed costs.
b. refining statistical estimation results based on experience.
c. identifying outliers.
d. adjusting paramete
1. Sales mix refers to
a. the relative proportions of different products that constitute total sales.
b. the contribution margins achieved on different products during the year.
c. the different volume of sales achieved during the year.
1. Which of the following is not a condition that must be present for a strategy to
a. The organization must decide how much of the strategic targets will be achieved for the coming year.
b. All are conditions that must be me
Chapter 9 homework
1. Falcon Company's standard variable overhead rate is $6.50 per direct labor
hour, and each unit requires 2 standard direct labor hours. During March,
Falcon recorded 6,000 actual direct labor hours, $39,000 actual variable