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Operation management 6e by russel and taylor ch03

Test bank with answers for cost accounting 6e by raiborn and kinney chapter 1

Test bank with answers for cost accounting 6e by raiborn and kinney chapter 1

... 10 11 12 13 14 Moderate Learning Objectives Difficult X X X LO LO LO LO LO x x x x x x x x x x x x x x X X X X X X X x x x X Multiple Choice Difficulty Level Easy 10 11 12 13 14 15 16 17 18 19 ... decision-making needs ANS: B DIF: Easy OBJ: 1- 1 13 Financial accounting and cost accounting are both highly concerned with 10 To download more slides, ebook, solutions and test bank, visit http://downloadslide.blogspot.com ... firm ANS: F DIF: Easy OBJ: 1- 1 11 Managerial accounting is most concerned with addressing the needs of individual departments of the firm ANS: T DIF: Easy OBJ: 1- 1 12 Cost accounting serves as a...
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Test bank with answers for cost accounting 6e by raiborn and kinney chapter 2

Test bank with answers for cost accounting 6e by raiborn and kinney chapter 2

... x x x x x x x x x x x x x Multiple Choice Difficulty Level Easy 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Moderate X X X X X X X X x X X X X X X X X X X X Learning Objectives ... Easy OBJ: 2- 2 18 Expired costs are reflected on the balance sheet ANS: F DIF: Easy OBJ: 2- 2 19 Distribution costs are an example of product costs ANS: F DIF: Easy OBJ: 2- 2 20 Distribution costs are ... prevention costs and failure costs ANS: T DIF: Moderate OBJ: 2- 4 26 There is a direct relationship between prevention costs and failure costs ANS: F DIF: Moderate OBJ: 2- 4 27 In an actual cost system,...
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Test bank with answers for cost accounting 6e by raiborn and kinney chapter 3

Test bank with answers for cost accounting 6e by raiborn and kinney chapter 3

... solutions and test bank, visit http://downloadslide.blogspot.com Multiple Choice Difficulty Level Easy 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 ... download more slides, ebook, solutions and test bank, visit http://downloadslide.blogspot.com Difficulty Level Easy 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 Completion Moderate Learning ... Process $37 ,200 and credit Overhead $37 ,200 d Debit Cost of Goods Sold $37 ,200 and credit Overhead $37 ,200 ANS: A WIP: 73, 150 /32 1,800 = $ 8,456 FG: 115,000 /32 1,800 = $ 13, 294 EI: 133 ,650 /32 1,800...
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Test bank with answers for cost accounting 6e by raiborn and kinney chapter 4

Test bank with answers for cost accounting 6e by raiborn and kinney chapter 4

... Difficulty Level Easy 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 Moderate Learning Objectives ... 22,2 04 + 1 ,48 1 + 10,798 = OBJ: 4- 4 144 $44 ,1 04 = 115%/DL Cost To download more slides, ebook, solutions and test bank, visit http://downloadslide.blogspot.com Perry Company uses a job order costing ... identified with specific costs during the production process DIF: Moderate OBJ: 4- 1 Discuss actual costing, normal costing, and standard costing ANS: Actual costing, normal costing, or standard costing...
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Test bank with answers for cost accounting 6e by raiborn and kinney chapter 5

Test bank with answers for cost accounting 6e by raiborn and kinney chapter 5

... $17 .50 400 receiving reports × $17 .50 200 phone calls × $4 .50 350 phone calls × $4 .50 Total cost b $ $1,000 2,6 25 7,000 900 $4,0 25 Product A= $4,0 25/ 1 ,50 0 = $2.68 per unit Product B= $9 ,57 5/3,000 ... process and overhead costs ANS: T DIF: Moderate OBJ: 5- 5 23 Activity-based costing conforms to GAAP with regard to which costs should be expensed ANS: F DIF: Moderate OBJ: 5- 6 24 An activity-based costing ... Setup cost = $50 0.00 Units produced = 50 0 $50 0.00 /50 0 = $1.00/unit DIF: Moderate OBJ: 5- 3 Lafayette Savings and Loan Lafayette Savings and Loan had the following activities, traceable costs, and...
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Test bank with answers for cost accounting 6e by raiborn and kinney chapter 6

Test bank with answers for cost accounting 6e by raiborn and kinney chapter 6

... solutions and test bank, visit http://downloadslide.blogspot.com Difficulty Level Easy 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 ... 51,500 16, 000 2,500 25% 100% 60 % 100% 3 ,62 5 51,500 9 ,60 0 2,500 67 ,225 OBJ: 6- 2 ,6- 3 ,6- 8 101 Refer to Talmidge Company Using FIFO, what is the cost per equivalent unit for material? a $1.42 b $1 .66 c ... costing systems c process and standard costing systems d job order and normal costing systems ANS: B DIF: Easy OBJ: 6- 6 192 To download more slides, ebook, solutions and test bank, visit http://downloadslide.blogspot.com...
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Test bank with answers for cost accounting 6e by raiborn and kinney chapter 7

Test bank with answers for cost accounting 6e by raiborn and kinney chapter 7

... between total a actual cost and total cost applied for the standard output of the period b standard cost and total cost applied to production c actual cost and total standard cost of the actual input ... standard cost system records both standard costs and actual costs in the accounting records This process allows for better cost control because actual costs can be easily compared to standard costs ... Standard: S US 3/10 = 30% 7/ 10 = 70 % Actual × Actual Prices: S 3.8 × 45 ,75 0 × $10.60 = US 5 .7 × 45 ,75 0 × $7. 80 = Actual: S US 3.8/9.5 = 40% 5 .7/ 9.5 = 60% $1,842,810 2,034,045 $3, 876 ,855 $34 ,77 0...
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