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Cost Accounting
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Cost Accounting
If the contribution margin percentage is 30%, the selling price is $5000, then the contribution margin per unit will be
$900
$1,200
$1,500
$1,600
Author:
rikazzz
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Cost Accounting
The difference between actual variable overhead cost and flexible budget variable overhead amount is termed as
overhead flexible budget variance
overhead fixed budget variance
overhead flexible cost variance
overhead flexible price variance
Author:
rikazzz
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Cost Accounting
An example of quantitative factor is
employee behavior at workplace
employee satisfaction
employee morale
cost of materials
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rikazzz
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Cost Accounting
Conversion cost includes cost of converting ______ into ______
Raw material WIP
Raw material, finished goods
WIP, Finished goods
Finished goods, Saleable goods
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rikazzz
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Cost Accounting
An operating income is divided by the revenues to calculate
residual income
return on after-tax operating income
return on sales
return on investment
Author:
rikazzz
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Cost Accounting
The first step in developing cost rate for budgeted variable overhead is to
choose the budgeting period
select allocation bases
identify variable overhead cost
compute the per unit rate
Author:
rikazzz
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Cost Accounting
The service sector companies include
cellular phone producers
mutual fund companies
radio stations
wholesalers
Author:
rikazzz
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Cost Accounting
A measure which evaluates overall tradeoff and effect among non-financial performance measure is
non-financial measures
financial measures
effective measure
lump sum measure
Author:
rikazzz
Comment
Cost Accounting
The merchandising sector companies include
food processing companies
automotive companies
distribution companies
advertising agencies
Author:
rikazzz
Comment
Cost Accounting
All the choices for decision that are easily available to managers are classified as
outcome
actions
events
distribution
Author:
rikazzz
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