These are the automatically
computed results of your exam.
Grades for essay questions, and
comments from your instructor, are Points Received:
in the "Details" section below.
# Of Ques
Grade Details - All Questions
Question 1 Question :
(TCO 5) Mason Industries manufactures 20,000 components per
year. The manufacturing cost of the components was
determined as follows:
1. Question :
(TCO 3) Which of the following is NOT a characteristic of
Designed for internal users
Chapter 1, Page 7
3 of 3
(TCO 3) Managers are often required to make decisions about the future based on all
the following except:
Ethics in Cost Accounting (graded)
Jason is a staff accountant for a large company that does a lot of work with the Defense
Department. He has just discovered that overhead costs for some of the company's private
customers has been incorrectly charged to
Cost Accounting and Decision Making (graded)
You are considering lending a car to a friend so that he can drive to New Orleans. What costs would you ask him to
reimburse? How would your answer change if you decided to go along? Identify the possible optio
(TCO 3) Which of the following activities would NOT be considered a value-added activity?
Chapter 1, Pages 4 & 9
5 of 5
Question 2 Question :
(TCO 1) Larcker Manufacturings cost accountant has provided you with the following
information for January operations:
$105 per unit
Fixed manufacturing overhead costs
$395 per unit
Variable manufacturing overhead
Cost Behavior (graded)
In evaluating product profitability, we can ignore marketing costs because they are not
considered product costs.
Do you agree with the previous statement?
This section lists options that can be used to view responses.
CVP Analysis (graded)
I am going to work for a nonprofit organization. Because there are no profits, I will not be
able to apply any CVP analysis to my work.
Do you agree with the previous statement? Why or why not?
This section lists options that