Which of the following costs at a manufacturing company would be treated as a product cost under both absorption and variable costing?
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An unfavorable materials quantity variance in standard costi…
An unfavorable materials quantity variance in standard costing indicates that:
A snow removal company’s cost formula for its supplies cost…
A snow removal company’s cost formula for its supplies cost is $1,790 per month plus $10 per driveway. For the month of January, the company planned for activity of 619 driveways, but the actual level of activity was 624 driveways. The actual supplies cost for the month was $8,500. The activity variance for supplies cost for the month would be closest to:
Airline One uses two measures of activity, flights and passe…
Airline One uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. The cost formula for plane operating costs is $40,890 per month plus $2,779 per flight plus $17 per passenger. The company expected its activity in December to be 95 flights and 307 passengers, but the actual activity was 98 flights and 310 passengers. The actual cost for plane operating costs in August was $262,190.The plane operating costs in the planning budget for August would be closest to:
Two alternatives, code-named X and Y, are under consideratio…
Two alternatives, code-named X and Y, are under consideration at a small local business. Costs associated with the alternatives are listed below. Alternative X Alternative Y Materials costs$41,000$59,000 Processing costs$45,000$45,000 Equipment rental$17,000$17,000 Occupancy costs$16,000$24,000 What is the financial advantage (disadvantage) of Alternative Y over Alternative X?
A retailer plans to sell 28,000 units of Product X during th…
A retailer plans to sell 28,000 units of Product X during the month of August. If the company has 6,000 units on hand at the start of the month, and plans to have 9,000 units on hand at the end of the month, how many units of Product X must be purchased from the supplier during the month?
When a company has a production constraint, total contributi…
When a company has a production constraint, total contribution margin will be maximized by emphasizing the products with the highest contribution margin per unit of the constrained resource.
If you were asked: “Rhythm is an important compositional con…
If you were asked: “Rhythm is an important compositional consideration.”, you are being asked about Rhythm. Rhythm refers to length of time notes and rests are held during a melody. This is true even if you use all whole notes and no other time value.
“Daddy, can you help me get dressed?” Boris asked his fathe…
“Daddy, can you help me get dressed?” Boris asked his father. “You can put on your pants and socks by yourself, but I’ll help with your shirt and shoes,” his father said. From Vygotsky’s theory, Boris’s father is using ____ when he does not give his son help on skills that his son has already mastered.
Marly describes her friend, Gina, as having blonde hair, gre…
Marly describes her friend, Gina, as having blonde hair, green eyes, and fair skin with freckles. Marly has described Gina’s _____.