equal Accounting Acct4210 Quiz 1 Students name______________________ (Time 50 minute) 21.10.2009 1. Cost objects include: A) products B) customers C) departments D) all told of these answers are correct. 2. A equal organisation determines the speak to of a make up object by: A) accumulating and consequently duty assignment cost B) accumulating cost C) assigning and and so accumulating cost D) 3. The determination of a cost as either direct or indirect depends upon the: A) accounting system B) parceling system C) cost tracing system D) cost object chosen 4. Cost behavior refers to: A) how costs react to a change in the level o f 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 doctor cost for an automobile manufacturing plant? A) administrative salaries B) electricity employ by assembly-line machines C) gross sales commissions D) windows for each car produced 6. Wheel and use up 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 extreme manufacturing costs$39 The plant has capacity for 3,000 tires and is considering expanding work to 2,000 tires. What is the good cost of producing 2,0 00 tires? A) $39,000 ! B) $78,000 C) $68,000 D) $62,000 Answer: C [($20 + $3 + $6) Ã 2,000 units] + ($10 Ã 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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