Stuvia.comd-
dThedMarketplacedtodBuydanddSelldyourdStudydMaterial
Quiz Submissions - Final Exam Part 1
d d d d d d
Questiond1 1d/d1dpoint
Adtypicaldusedofdmanagerialdaccountingdisdto:
helpdinvestorsdanddcreditorsdassessdthedfinancialdpositiondofdthedcompany.
helpdmanagementdgetdadcleandauditdreport
helpdthedmarketingdmanagerddecidedwhichdproductdpromotiondtodimplement
helpdthedSECddecidedwhetherdmanagementdisdindcompliancedofditsdpolicies.
Questio 0d/d1d
dnd2 point
ThreedcostsdincurreddbydPittdCompanydaredsummarizeddbelow:
1,000dunits 2,000dunits
CostdA $10,000 $15,000
CostdB $21,000 $21,000
Downloadeddby:dNURSEDENIMd|
Distributiondofdthisddocumentdisdillegal
, Stuvia.comd-
dThedMarketplacedtodBuydanddSelldyourdStudydMaterial
CostdC $16,000 $32,000
Whichdofdthesedcostsdaredvariable?
A,dB,danddC
d AdanddB
Adonly
d Cdonly
dViewdFeedback
Questiond3 1d/d1dpoint
Bubba'sdSteakhousedhasdbudgeteddthedfollowingdcostsdfordadmonthdindwhichd1,600dsteakddinnersdwilldbedproduceddanddsold:dMaterials,
$4,080;dhourlydlabord(variable),d$5,200;drentd(fixed),d$1,520;ddepreciation,d$700;danddotherdfixeddcosts,d$480.dEachdsteakddinnerdsellsdford
$12.60deach.dHowdmuchdwoulddShula’sdprofitdincreasedifd10dmoreddinnersdweredsold?
Answer:
68
dViewdFeedback
Questiond4 1d/d1dpoint
BellfontdCompanydproducesddoordstoppers.dAugustdproductiondcostsdaredbelow:d
DoordStoppersdproduced 71,000
Downloadeddby:dNURSEDENIMd|
Distributiondofdthisddocumentdisdillegal
, Stuvia.comd-
dThedMarketplacedtodBuydanddSelldyourdStudydMaterial
Directdmateriald(variable) $20,000
Directdlabord(variable) 40,000
Suppliesd(variable) 20,000
Supervisiond(fixed) 25,300
Depreciationd(fixed) 24,100
Otherd(fixed) 5,200
IndSeptember,dBellfontdexpectsdtodproduced100,000ddoordstoppers.dAssumingdnodstructuraldchanges,dwhatdisdBellfont’sdproductiondcostdperd
doordstopperdfordSeptember?
Answer:
1.67
dViewdFeedback
Questiond5 1d/d1dpoint
Aaron'sdchairsdisdindthedprocessdofdpreparingdadproductiondcostdbudgetdfordAugust.dActualdcostsdindJulydford120dchairsdwere:
Materialsdcost $4,640
Labordcost 2,960
Rent 1,500
Depreciation 2,500
Otherdfixeddcosts 3,200
Downloadeddby:dNURSEDENIMd|
Distributiondofdthisddocumentdisdillegal
, Stuvia.comd-
dThedMarketplacedtodBuydanddSelldyourdStudydMaterial
Materialsdanddlabordaredthedonlydvariabledcosts.dIfdproductiondanddsalesdaredbudgeteddtodchangedtod100dchairsdindAugust,dhowdmuchdisdthed
expecteddtotaldvariabledcostdondthedAugustdbudget?
Answer:
6,333.33
dViewdFeedback
Questiond6 0d/d1dpoint
Carry-
ALLdplansdtodselld1,300dcarriersdnextdyeardanddhasdbudgeteddsalesdofd$46,000danddprofitsdofd$22,000.dVariabledcostsdaredprojecteddtodbed$20
dperdunit.dMichaeldCo.doffersdtodpayd$20,800dtodbuyd780dunitsdfromdCarry-
ALL.dTotaldfixeddcostsdared$7,000dperdyear.dThisdofferddoesdnotdaffectdCarry-
ALL'sdotherdplanneddoperations.dThedincrementaldrevenuesdfordthisdsituationdare
Answer:
-1,800 (20,800)
dViewdFeedback
SOLUTION:
SIncedMichael'sdpurchaseddoesdnotdaffectdCarry-
ALL'sdplanneddoperations,dthedonlydconsiderationdisdthedincrementaldrevenuedfromdthedpurchasedofdMichael'sdsale.
Downloadeddby:dNURSEDENIMd|
Distributiondofdthisddocumentdisdillegal
dThedMarketplacedtodBuydanddSelldyourdStudydMaterial
Quiz Submissions - Final Exam Part 1
d d d d d d
Questiond1 1d/d1dpoint
Adtypicaldusedofdmanagerialdaccountingdisdto:
helpdinvestorsdanddcreditorsdassessdthedfinancialdpositiondofdthedcompany.
helpdmanagementdgetdadcleandauditdreport
helpdthedmarketingdmanagerddecidedwhichdproductdpromotiondtodimplement
helpdthedSECddecidedwhetherdmanagementdisdindcompliancedofditsdpolicies.
Questio 0d/d1d
dnd2 point
ThreedcostsdincurreddbydPittdCompanydaredsummarizeddbelow:
1,000dunits 2,000dunits
CostdA $10,000 $15,000
CostdB $21,000 $21,000
Downloadeddby:dNURSEDENIMd|
Distributiondofdthisddocumentdisdillegal
, Stuvia.comd-
dThedMarketplacedtodBuydanddSelldyourdStudydMaterial
CostdC $16,000 $32,000
Whichdofdthesedcostsdaredvariable?
A,dB,danddC
d AdanddB
Adonly
d Cdonly
dViewdFeedback
Questiond3 1d/d1dpoint
Bubba'sdSteakhousedhasdbudgeteddthedfollowingdcostsdfordadmonthdindwhichd1,600dsteakddinnersdwilldbedproduceddanddsold:dMaterials,
$4,080;dhourlydlabord(variable),d$5,200;drentd(fixed),d$1,520;ddepreciation,d$700;danddotherdfixeddcosts,d$480.dEachdsteakddinnerdsellsdford
$12.60deach.dHowdmuchdwoulddShula’sdprofitdincreasedifd10dmoreddinnersdweredsold?
Answer:
68
dViewdFeedback
Questiond4 1d/d1dpoint
BellfontdCompanydproducesddoordstoppers.dAugustdproductiondcostsdaredbelow:d
DoordStoppersdproduced 71,000
Downloadeddby:dNURSEDENIMd|
Distributiondofdthisddocumentdisdillegal
, Stuvia.comd-
dThedMarketplacedtodBuydanddSelldyourdStudydMaterial
Directdmateriald(variable) $20,000
Directdlabord(variable) 40,000
Suppliesd(variable) 20,000
Supervisiond(fixed) 25,300
Depreciationd(fixed) 24,100
Otherd(fixed) 5,200
IndSeptember,dBellfontdexpectsdtodproduced100,000ddoordstoppers.dAssumingdnodstructuraldchanges,dwhatdisdBellfont’sdproductiondcostdperd
doordstopperdfordSeptember?
Answer:
1.67
dViewdFeedback
Questiond5 1d/d1dpoint
Aaron'sdchairsdisdindthedprocessdofdpreparingdadproductiondcostdbudgetdfordAugust.dActualdcostsdindJulydford120dchairsdwere:
Materialsdcost $4,640
Labordcost 2,960
Rent 1,500
Depreciation 2,500
Otherdfixeddcosts 3,200
Downloadeddby:dNURSEDENIMd|
Distributiondofdthisddocumentdisdillegal
, Stuvia.comd-
dThedMarketplacedtodBuydanddSelldyourdStudydMaterial
Materialsdanddlabordaredthedonlydvariabledcosts.dIfdproductiondanddsalesdaredbudgeteddtodchangedtod100dchairsdindAugust,dhowdmuchdisdthed
expecteddtotaldvariabledcostdondthedAugustdbudget?
Answer:
6,333.33
dViewdFeedback
Questiond6 0d/d1dpoint
Carry-
ALLdplansdtodselld1,300dcarriersdnextdyeardanddhasdbudgeteddsalesdofd$46,000danddprofitsdofd$22,000.dVariabledcostsdaredprojecteddtodbed$20
dperdunit.dMichaeldCo.doffersdtodpayd$20,800dtodbuyd780dunitsdfromdCarry-
ALL.dTotaldfixeddcostsdared$7,000dperdyear.dThisdofferddoesdnotdaffectdCarry-
ALL'sdotherdplanneddoperations.dThedincrementaldrevenuesdfordthisdsituationdare
Answer:
-1,800 (20,800)
dViewdFeedback
SOLUTION:
SIncedMichael'sdpurchaseddoesdnotdaffectdCarry-
ALL'sdplanneddoperations,dthedonlydconsiderationdisdthedincrementaldrevenuedfromdthedpurchasedofdMichael'sdsale.
Downloadeddby:dNURSEDENIMd|
Distributiondofdthisddocumentdisdillegal
