(Appendix 10A) Conner Company is a medium-sized toy distributor. Experience has shown that
30% of sales are collected within the month of sale, 60% is collected the month after the sale,
and 10% is collected two months after the sale.
BioTecs fixed cost and breakeven in sales are $30,000 and $75,000, respectively.
What are the sales needed to obtain earnings before tax of $6,000?
If total fixed costs doubled and
A costing system that charges jobs with actual direct costs and uses an estimated overhead
allocation rate is called a(n):
Process costing system
Activity-based costing system
Actual costing system
Normal costing system
MGTB03 Assignment 1
Which of the following is not one of the components of ethical decision-making?
Identify ethical problems as they arise.
Objectively consider the well-being of others and society when exploring alternatives.
Clarify and appl
MGTB03 Assignment 2
Opportunity costs are:
Benefits foregone from one project because another project is chosen
The same as sunk costs
All of the following are examples of variable costs except:
The cost of
Wagner Corporation can manufacture 490,000 tennis rackets a year at a variable cost of $15 per
racket and at the fixed costs of $500,000. Wagner budgeted that it can sell 400,000 at $25 each.
An additional order of 100,000 was received
Residual income is a better measure for performance evaluation of an investment centre manager
than return on investment because:
the problems associated with measuring the asset base are eliminated.
returns do not increase as assets a
The National Division of Roboto Company is buying 10,000 widgets from an outside supplier at
$30 per unit. Roboto's Overseas Division, which is producing and selling at full capacity (12,000
units), has the following sales and cost str
The Conroy Co. wants to purchase a machine for a new product line that costs $138,750. The
company's engineering department estimates the machine will last 10 years and provide an
annual contribution margin of $25,000. Ignore income ta
Batch-level costs include:
The cost of advertising a product
Depreciation of the manufacturing plant
Tooling for a custom job
The FSOJ Company undertakes the following activities in its production oper