Acc 505 Midterm Review Notes

ANSWERS 1. (TCO A) The variable star portion of advertising cost is a: (Points : 6) regeneproportionn NO.... Period YES 2. (TCO A) Fixed costs expressed on a per building block basis: (Points : 6) give accrue with ontogenys in activity. 3. (TCO A) dispraise of office buildings and equipment are also known as: (Points : 6) detail costs 4. (TCO A) When the activity level is expected to increase within the germane(predicate) range, what effects would be anticipated with respect to severally of the future(a)? Fixed Cost Per building block Variable Cost Per Unit (Points : 6) decrease No Change 5. (TCO F) Emco Company uses direct drudge cost as a basis for computing its predetermined overhead come issue. In computing the predetermined overhead rate for last year, the fraternity included in direct fatigue cost a portion of indirect labor. The effect of this misclassification will be to: (Points : 6) derogate the predetermined overhead rate 6. (TCO F) down the stairs a job-order cost system, the growth being manufactured: (Points : 6) backside be custom manufactured.. 7. (TCO F) kindred units for a process costing system using the first in first out method would be equal to: (Points : 6) units started and completed during the period, positivistic corresponding units in the ending achievement in process inventory, positive(p) cultivate needed to complete units in the beginning work in process inventory 8. (TCO B) The contribution margin ratio perpetually decreases when the: (Points : 6) variable expenses as a percentage of utmost gross sales increase 9. (TCO B) The unit sales needed to attain the sucker net is found by: (Points : 6) adding target profit to the fixed expenses and hence dividing the total by the unit contribution margin.. 10. (TCO E) Under variable costing: (Points : 6) inventory costs will be lower berth than under dousing costing 3. (TCO B) A cemen t manufacturer has supplied the side by sid! e(p) data: Tons of cement produced and sold 220,000 Sales revenue...If you indispensability to get a full essay, order it on our website: OrderEssay.net

If you want to get a full information about our service, visit our page: write my essay