Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“Selected data for three companies[…]
Read moreTag: accounting
Total contribution divided by number of units
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Total contribution divided by number[…]
Read more“Identify each cost as a period cost or a product cost. If it is a product cost, further indicate if the cost is direct materials, direct labor, or manufacturing overhead. Then, determine if the product cost is a prime cost and/or a conversion cost. 11. Wages of Assembly line workers12. Wages of the office receptionist13. Property taxes on the factory14. Sugar and flour used to make cookies15. Salary of the factory maintenance supervisor16. Salary of the sales manager”
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“Identify each cost as a[…]
Read moreSales-COGS————-Gross MarginSelling and Administrative expenses:-Selling-Administrative——————Net Operating Income
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Sales-COGS————-Gross MarginSelling and Administrative expenses:-Selling-Administrative——————Net[…]
Read more“Ramirez Company reports the following costs for the year:Direct Materials Used: $130,000Direct Labor Incurred: 200,000Manufacturing Overhead Incurred: 85,000Selling and Administrative Expenses: 205,000How much are Ramirez’s period costs?”,”Production costs = Selling and Admin ExpensesFor Ramirez = $205
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“Ramirez Company reports the following[…]
Read moreContribution Format Income Statement
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Contribution Format Income Statement SalesVariable[…]
Read moreWhich of the following is a direct cost of manufacturing a sport boat?A. Salary of an engineer who rearranges plant layoutB. Cost of customer service hotlineC. Cost of boat engineD. Depreciation on plant and equipment
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Which of the following is[…]
Read moreStep-variable costs,”A cost that generally varies with the level of activity
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Step-variable costs,”A cost that generally[…]
Read moreWhich of the following is not part of manufacturing overhead for producing a computer?A. Manufacturing plant utilitiesB. Manufacturing plant property taxesC. Insurance on plant and equipmentD. Depreciation on delivery trucks
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Which of the following is[…]
Read moreStep-fixed costs
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Step-fixed costs A cost that[…]
Read more