ACCT 434 Endless Education /uophelp.com

1
ACCT 434 Endless Education/Uophelp.Com
For More Course Tutorials Visit Www.Uophelp.Com
2
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
ACCT 434 Final Exam All 5 Sets For more course
tutorials visit www.uophelp.com   This Tutorial co
ntains All 5 Sets of Final Exam, Details could be 
found on below mentioned links     ACCT 434 Final 
Exam Set 1   ACCT 434 Final Exam Set 2   ACCT 434 
Final Exam Set 3   ACCT 434 Final Exam Set 4   ACC
T 434 Final Exam Set 5
3
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
ACCT 434 Final Exam All 5 Sets For more course
tutorials visit www.uophelp.com   This Tutorial co
ntains All 5 Sets of Final Exam, Details could be 
found on below mentioned links     ACCT 434 Final 
Exam Set 1   ACCT 434 Final Exam Set 2   ACCT 434 
Final Exam Set 3   ACCT 434 Final Exam Set 4   ACC
T 434 Final Exam Set 5
4
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
ACCT 434 Final Exam Set 1 For more course
tutorials visit www.uophelp.com   ACC 434 Final
Exam 1. (TCO 1) Evaluating customer reaction of
the trade-off of giving up some features of a
product for a lower price would best fit which
category of management decisions under
activity-based management? (Points 5) 2. (TCO 1)
Danielle Company produces a special spray nozzle.
The budgeted indirect total cost of inserting the
spray nozzle is 180,000. The budgeted number of
nozzles to be inserted is 60,000. What is the
budgeted indirect cost allocation rate for this
activity? (Points 5) 3. (TCO 2) Fixed overhead
costs include (Points 5) 4. (TCO 2)
Information pertaining to Brenton Corporation's
sales revenue is presented in the following
table
5
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
  ACCT 434 Final Exam Set 2 For more course
tutorials visit www.uophelp.com   1. (TCO 1) If pr
oducts are alike, then for costing purposes (Point
s  5)   2. (TCO 1) Ireland Company produces a spe
cial spray nozzle.  The budgetedindirect total cos
t of inserting the spray nozzle is 180,000.  The 
budgeted number of nozzles to be inserted is 80,00
0.  What is the budgeted indirect cost allocation 
rate for this activity? (Points  5)  3. (TCO 2) V
ariable overhead costs include (Points  5)  4. (T
CO 2) Information pertaining to Brenton Corporatio
n's sales revenue ispresented in the following tab
le                                          Febru
ary              March               April        
          Cash Sales                 160,000     
       150,000         120,000                  
Credit Sales                  300,000             
 400,000          280,000                   Total 
Sales                 460,000            550,000
         400,000
6
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
ACCT 434 Final Exam Set 3 For more course
tutorials visit www.uophelp.com   ACC 434 Final Ex
ams 1. (TCO 1) a significant limitation of activit
y-based costing is the (Points 5) 2. (TCO 1) Irel
and Company produces a special spray nozzle.  The 
budgeted indirect total cost of inserting the spra
y nozzle is 180,000.  The budgeted number of nozz
les to be inserted is 80,000.  What is the budgete
d indirect cost allocation rate for this activity?
 (Points 5) 3. (TCO 2) Overhead costs have been i
ncreasing due to all of the following except (Poin
ts 5) 4. (TCO 2) Information pertaining to Brento
n Corporation's sales revenue is presented in the 
following table                                  
        February              March               
April            Cash Sales                    16
0,000            150,000         120,000        
    Credit Sales                   300,000        
      400,000           280,000          
7
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
ACCT 434 Final Exam Set 4 For more course
tutorials visit www.uophelp.com   FINAL EXAM
D 1. (TCO 1) Evaluating customer reaction of the
trade-off of giving up some features of a product
for a lower price would best fit which category
of management decisions under activity-based
management? (Points 5) 2. (TCO 1) Danielle
Company produces a special spray nozzle. The
budgeted indirect total cost of inserting the
spray nozzle is 180,000. The budgeted number of
nozzles to be inserted is 60,000. What is the
budgeted indirect cost allocation rate for this
activity? (Points 5) 3. (TCO 2) Fixed overhead
costs include (Points 5)
8
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
ACCT 434 Final Exam Set 5 For more course
tutorials visit www.uophelp.com   1. (TCO 1) If
products are alike, then for costing purposes
(Points 5) 1) If products are different, then
for costing purposes 1. (TCO 1) Evaluating
customer reaction of the trade-off of giving up
some features of a product for a lower price
would best fit which category of management
decisions under activity-based management?
(Points 5) 2. (TCO 1) Danielle Company produces
a special spray nozzle. The budgeted indirect
total cost of inserting the spray nozzle is
180,000. The budgeted number of nozzles to be
inserted is 60,000. What is the budgeted indirect
cost allocation rate for this activity? (Points
5)
9
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
ACCT 434 Midterm Exam (New) For more course
tutorials visit www.uophelp.com   Multiple Choice
10 9 Essay 4 Question 1. Question (TCO 1) Which
of the following is a sign that an ABC system may
be useful? Question 2. Question (TCO 1)
Merriamn Company provides the following ABC
costing information Activities Total Costs
Activity-cost drivers Account inquiry hours
400,000 10,000 hours Account billing lines
280,000 4,000,000 lines Account verification
accounts 150,000 40,000 accounts Correspondence
letters 50,000 4,000 letters Total costs
880,000 How much of account verification costs
will be assigned to Department A?
10
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
ACCT 434 Week 1 Quiz (New) For more course
tutorials visit www.uophelp.com   1. Question
(TCO 1) Production-cost cross-subsidization
results from Question 2. Question (TCO 1) The
allocation of indirect costs in an activity-based
costing system Question 3. Question (TCO 1)
Evaluating customer reaction of the trade-off of
giving up some features of a product for a lower
price would best fit which category of management
decisions under activity-based management?Question
4. Question (TCO 1) Undercosting a particular
product may result in Question 5. Question (TCO
1) The most likely example of an output
unit-level cost is Question 6. Question (TCO 1)
Unit-level cost drivers are most appropriate as
an overhead assignment base when
11
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
ACCT 434 Week 1 Quiz Activity Based Costing For
more course tutorials visit www.uophelp.com   1. Q
uestion (TCO 1) The average cost data are for
In-Sync Fixtures Company's (a retailer) only two
product lines, Marblette and Italian
Marble. Marblette Italian Marble Purchase volume
20,000 1,000 Purchase cost per unit 50
250 Shipments received 12 12 Hours used per
shipment 5 3 These data were accumulated
after a careful activity analysis. Currently,
In-Sync Fixtures uses a traditional costing
system with indirect costs allocated using
purchased cost of goods as a basis. In-Sync
Fixtures is considering refining the allocation
of its receiving costs of 40,000. It realizes
that the Italian Marble
12
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
ACCT 434 Week 1-7 All Discussion Questions For
more course tutorials visit www.uophelp.com   Week
1 DQ1 ABC Journey Week 1 DQ2 Workout Room Week 2
DQ1 Flexible versus Static Budgets Week 2 DQ2
Workout Room Week 3 DQ1 Relevant Costs Week 3 DQ2
Workout Room Week 4 DQ1 Accounting for Primary
Products Week 4 DQ2 Workout Room Week 5 DQ1
Pricing Decision Week 5 DQ2 Workout Room Week 6
DQ1 Evaluating Managers Week 6 DQ2 Workout
Room Week 7 DQ1 Quality and Performance Week 7
DQ2 Workout Room
13
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
  ACCT 434 Week 2 Master Budget Flexible Budgets
For more course tutorials visit www.uophelp.com  
1.Question (TCO 2) Operating budgets and
financial budgets 2.Question (TCO 2) To gain the
benefits of budgeting, ________ must understand
and support the budget. 3.Question (TCO 2)
Which budget is not necessary to prepare the
budgeted balance sheet? 4.Question (TCO 2) A
feature of a standard-costing system is that the
costs of every product or service planned to be
worked on during the period can be computed at
the start of that period. This feature of
standard costing makes it possible to
14
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
ACCT 434 Week 2 Quiz (New) For more course
tutorials visit www.uophelp.com   1. Question
(TCO 2) Benchmarking is Question 2. Question
(TCO 2) To gain the benefits of budgeting, _____
must understand and support the budget. Question
3. Question (TCO 2) Financial budgets include
the Question 4. Question (TCO 2) A flexible
budget Question 5. Question (TCO 2) A favorable
variance indicates that Question 6. Question
(TCO 2) Performance evaluation using variance
analysis should guard against Question 7.
Question (TCO 2) Overhead costs have been
increasing due to all of the following except
15
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
ACCT 434 Week 3 Cost Behavior Decision Making
Quality For more course tutorials
visit www.uophelp.com   1. Question (TCO 3)
Dougherty Company employs 20 individuals. Eight
employees are paid 12 per hour and the rest are
salaried employees paid 3,000 a month. How would
total costs of personnel be classified? 2. Questio
n (TCO 3) For January, the cost components of a
picture frame include 0.35 for the glass, 0.65
for the wooden frame, and 0.80 for assembly. The
assembly desk and tools cost 400. A total of
1,000 frames is expected to be produced in the
coming year. What cost function best represents
these costs?
16
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
ACCT 434 Week 3 Quiz (New) For more course
tutorials visit www.uophelp.com   1. Question
(TCO 1) ABC systems create Question 2. Question
(TCO 1) Merriamn Company provides the following
ABC costing information Activities Total Costs
Activity-cost drivers Account inquiry hours
400,000 10,000 hours Account billing lines
280,000 4,000,000 lines Account verification
accounts 150,000 40,000 accounts Correspondence
letters 50,000 4,000 letters Total costs
880,000 The above activities are used by
Department A and B as follows Department A
Department B
17
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
ACCT 434 Week 4 Midterm Exam For more course
tutorials visit www.uophelp.com   1.Question
(TCO1) ABC systems create 2.Question (TCO 1)
Merriamn Company provides the following ABC
costing information Activities Total
Costs Activity-cost drivers Account inquiry
hours 400,000 10,000 hours Account billing lines
18
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
ACCT 434 Week 4 Quiz (New) For more course
tutorials visit www.uophelp.com   1. Question
(TCO 3) Dougherty Company employs 20 individuals.
Eight employees are paid 12 per hour and the
rest are salaried employees paid 3,000 a month.
How would total costs of personnel be
classified? Question 2. Question (TCO 3) For
January, the cost components of a picture frame
include 0.35 for the glass, 0.65 for the wooden
frame, and 0.80 for assembly. The assembly desk
and tools cost 400. A total of 1,000 frames is
expected to be produced in the coming year. What
cost function best represents these
costs? Question 3. Question (TCO 3) Which cost
estimation method uses a formal mathematical
method to develop cost functions based on past
data?
19
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
ACCT 434 Week 5 Pricing Decisions Management
Control Systems For more course tutorials
visit www.uophelp.com   1. Question (TCO 7)
Major influences of competitors, costs, and
customers on pricing decisions are factors
of 2. Question (TCO 7) The first step in
implementing target pricing and target costing
is 3. Question (TCO 7) The markup percentage is
usually higher if the cost base used
is 4. Question (TCO 7) An understanding of
life-cycle costs can lead to
20
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
ACCT 434 Week 5 Quiz (New) For more course
tutorials visit www.uophelp.com   Question 1.
Question (TCO 7) When companies do not want to
use market prices or find it too costly, they
typically use _____ prices, even though
suboptimal decisions may occur. Question 2.
Question (TCO 7) The price of movie tickets for
opening day and the few days following compared
to the price 6 months later is an example
of Question 3. Question (TCO 7) A product's
markup percentage needs to cover operating
profits when the cost base is Question 4.
Question (TCO 7) Life-cycle budgeting is
particularly important when Question 5. Question
(TCO 7) Each month, Haddon Company has 275,000
total manufacturing costs (20
21
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
ACCT 434 Week 6 Customer Profitability Capital
Budgeting For more course tutorials
visit www.uophelp.com   1.Question (TCO 9) To
guide cost allocation decisions,the
benefits-received criterion 2.Question (TCO 9)
A challenge to using cost-benefit criteria for
allocating costs isthat 3.Question (TCO 9) The
MOST likely reason for NOT allocating corporate
costs todivisions include that 4.Question (TCO
9)Identifying homogeneous cost pools
22
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
  ACCT 434 Week 6 Quiz (New) For more course
tutorials visit www.uophelp.com   1. Question
(TCO 9) To guide cost allocation decisions, the
benefits-received criterion Question 2. Question
(TCO 9) Which cost-allocation criterion is
superior when making an economic
decision? Question 3. Question (TCO 9) The MOST
likely reason for allocating all corporate costs
to divisions include that Question 4. Question
(TCO 9) Identifying homogeneous cost
pools Question 5. Question (TCO 9) The Hassan
Corporation has an electric mixer division and an
electric lamp division. Of a 20,000,000 bond
issuance, the electric mixer division used
14,000,000 and the electric lamp division used
6,000,000 for expansion. Interest costs
23
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
ACCT 434 Week 7 Quality Control Inventory
Management For more course tutorials
visit www.uophelp.com   1. Question (TCO 11)The
four cost categories in a cost of quality program
are 2. Question (TCO 11) ________ is a formal
means ofdistinguishing between random and
nonrandom variation in an operatingprocess. 3. Que
stion (TCO 11) Which of the following is NOT
one of the steps in managingbottlenecks under the
theory of constraints?
24
CJA 234 MART The power of possibility/cja234martd
otcom
ACCT 434 Endless Education/Uophelp.Com
ACCT 434 Week 7 Quiz (New) For more course
tutorials visit www.uophelp.com   1. Question
(TCO 11) Nonfinancial measures for internal
quality performance include all but which of the
following? Question 2. Question (TCO 11) Which
of the following is NOT a nonfinancial
performance measure for customer
satisfaction? Question 3. Question (TCO 11)
Which of the following is NOT one of the three
main measurements in the theory of
constraints? Question 4. Question (TCO 11)
Scrap is an example of Question 5. Question
(TCO 11) Regal Products has a budget of 900,000
in 20X3 for prevention costs. If it decides to
automate a portion of its prevention activities,
it will save 60,000 in variable costs. The new
method will require 18,000 in training costs and
120,000 in annual equipment costs. Management is
willing to adjust the budget for an amount up to
the cost of the new equipment. The budgeted
production level is 150,000 units.
25
ACCT 434 Endless Education/Uophelp.Com
For More Course Tutorials Visit Www.Uophelp.Com