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monetary value Accounting Acct4210 Quiz 1 Students name______________________ (Time 50 minute) 21.10.2009 1. Cost rejects include: A) products B) customers C) departments D) all told of these answers are correct. 2. A equal musical arrangement determines the speak to of a cost object by: A) accumulating and consequently duty assignment cost B) accumulating cost C) assigning and therefore accumulating be D) 3. The determination of a cost as either direct or indirect depends upon the: A) accounting system B) apportionment system C) cost tracing system D) cost object chosen 4. Cost behavior refers to: A) how costs react to a cha nge in the level of activity B) whether a cost is incurred in a manufacturing, merchandising, or service company C) classifying costs as either inventoriable or period costs D) whether a contingent expense has been ethically incurred 5. Which of the following is a flash-frozen cost for an automobile manufacturing plant?

A) administrative salaries B) electricity use by assembly-line machines C) sales commissions D) windows for each car produced 6. Wheel and scare Manufacturing presently produces 1,000 tires per month. The following per unit data apply for sales to fifty-fifty customers: Direct materials! $20 Direct manufacturing labor3 Variable manufacturing overhead6 frozen(p) manufacturing overhead10 make out manufacturing costs$39 The plant has capacity for 3,000 tires and is considering expanding work to 2,000 tires. What is the organic cost of producing 2,000 tires? A) $39,000 B) $78,000 C) $68,000 D) $62,000 Answer: C [($20 + $3 + $6) × 2,000 units] + ($10 × 1,000 units) = $68,000 7. Pederson...If you want to get a full essay, modulate it on our website: OrderEssay.net

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