acc 308

10問 • 1年前

問題一覧

Process costing is applied when

large number of identical products are manufactured

Which is of the following statements is correct

when production exceeds sales inventory levels will increase over the period and absorption costing method will report a higher net profit

Abnormal loss is equal to

none of the above

Inventoriable costs refers to costs that

incurred as part of direct material, and direct labor and manufacturing cost

Which of these is not a function of management accounting

communicating activities of the organization to external stakeholders

The branch of accounting that is responsible for gathering basic accounting information required for preparation of management reports is

cost Accounting

Which of the following statements is true

none of the above

Operating income is P240,000, fixed costs are P54,000, and 52,000 units are sold. What is the contribution margin per unit to the nearest thebe?

None of the above

Which of the following is not an assumption underlying cost-volume-profit analysis?

All the above are true.

The Lovedell Inc. buys gravel in 20-ton lots from which it manufactures 4 grades of cement. The gravel grades are: 5 tons of Aye Stone, 8 tons of Bee Stone, 4 tons of Cee stone, and 3 tons of Dee Gravel. The contribution margin ratio on each product is, respectively, 50%, 40%, 60%, and 75%. What is the WACC contribution margin ratio for every 20 tons of gravel sold?

51.75%

acc 309

Tlotlo Legotho · 55問 · 1年前

acc 309

55問 • 1年前

Tlotlo Legotho

mgt 301 (1)

Tlotlo Legotho · 100問 · 1年前

mgt 301 (1)

100問 • 1年前

Tlotlo Legotho

mgt 301 (2)