Multiple Problems

For Help with Multiple Homework Problems, Ask an Expert

Ask an Expert,
Get an Answer ASAP!

Multiple Problems
This answer was rated:

5. (TCO 3) Equivalent units are calculated by (Points : 4)

5. (TCO 3) Equivalent units are calculated by (Points : 4)
taking the units needed to complete the beginning inventory, adding units started and taking the equivalent units in ending inventory
taking the units completed plus the equivalent units in ending inventory.
taking the total units to account for and subtracting equivalent units in ending inventory
taking units started plus units transferred out.


6. (TCO 3) The Nazareth Company’s mixing department incurred conversions costs of $650,820 during January, after recording a beginning Work in Process inventory of $30,430 for conversion costs. Fifty-four thousand units were transferred out of the department and the ending inventory consisted of 2,500 units that are 20% complete with respect to conversion. What is the conversion cost per equivalent unit? (Points : 4)
$12.50
$12.05
$12.17
$12.62


7. (TCO 4) The range of activity for which estimates of cost behavior are likely to be accurate is the (Points : 4)
incremental range
margin of safety
relevant range
range of opportunity


8. (TCO 4) Beaudreaux Motors is operating at its break-even point of 16,000 units. Which of the following statements is not true? (Points : 4)
The amount of the company’s total costs equals the amount of its revenues.
The company’s fixed costs equal its variable costs.
The company’s profit equals zero.
Assuming no other changes, if the company sold more units, it would earn a profit.


9. (TCO 5) Full costing (Points : 4)
is the same as absorption costing.
considers fixed manufacturing overhead as part of the cost of inventory.
often does not provide the information needed for C-V-P analysis.
All of the above choices are correct.


10. (TCO 5) If the number of units sold is less than the number of units produced (Points : 4)
full costing and variable costing will yield the same net income.
full costing will assign some fixed manufacturing overhead to the units in the ending inventory.
net income will be higher under variable costing than under full costing.
inventory levels will decrease.


11. (TCO 6) Cost-plus contracts are common in which of the following industries? (Points : 4)
Manufactured home builders
Soft drink bottlers
Defense contractors
Newspaper publishers


12. (TCO 6) Which of the following steps is not involved in the ABC approach? (Points : 4)
Identify activities which cause costs to be incurred.
Allocate costs to products based on activity usage.
Group costs of activities into cost pools.
Improve processes based on benchmarking



13. (TCO 7) Fixed costs that will be eliminated if a particular course of action is undertaken are called (Points : 4)
optional costs
opportunity costs
direct costs
avoidable costs

3. (TCO 8) Which of the following are relevant in deciding whether to accept or reject a special order? (Points : 4)
The impact the order will have on existing business.
The price that will be charged on the special order.
The incremental cost of filling the special order.
All of the above.
6. (TCO 10) In a bottom-up approach to budgeting (Points : 4)
the CFO alone determines the budget.
only the budget for the next month is prepared.
lower level managers are the primary source of budget information.
the production budget is prepared before the sales budget.



7. (TCO 10) The amount of direct material that must be purchased during a period depends on the amount of direct material (Points : 4)
needed for production.
available in the beginning inventory.
desired as ending inventory.
All of the above are correct.
Ask Your Own Multiple Problems Question
Answered in 5 minutes by:
6/20/2012
Mr. Gregory White
Mr. Gregory White, Master's Degree
Category: Multiple Problems
Satisfied Customers: 5,240
Experience: M.A., M.S. Education / Educational Administration
Verified

Hello and thanks so much for requesting me again for your business homework needs.

I am working on these right now and will have back to you in just a short bit.

:-)

Ask Your Own Multiple Problems Question
Customer reply replied 5 years ago

Thank you, XXXXX XXXXX fit these other ones, they are the last. can you do these too?



8.
(TCO 10) The difference between
standard costs and budgeted costs is that standard costs (Points : 4)


refer to a single unit while
budgeted costs refer to the cost, at standard, for the total number of budgeted
units.

are calculated under ideal
conditions, while budgeted costs are calculated for attainable
conditions.

are calculated for material
while budgeted costs are calculated for labor.

are part of the management
accounting system, while budgets are part of the financial accounting
system.












9. (TCO 10) In general, an
unfavorable material variance arises from (Points : 4)

using more material than
planned.

paying a higher price for
material than planned.

Both A and
B

None of the above














10. (TCO 10) Which of the following
is a responsibility that distinguishes an investment center manager from a
profit center manager? (Points : 4)

Setting prices for
products

Controlling
costs

Generating
revenues

Significant influence over
investment decisions













11.
(TCO 10) Which of the following
is not an advantage of decentralization for a company?
(Points : 4)

Subunit managers have better
information.

Subunit managers will act to
benefit the organization as a whole.

Subunit managers can respond
quicker to changing circumstances.

Subunit managers can receive
training to move into top level management
positions.













12.
(TCO 10) Asset turnover is a
measure of (Points : 4)

how quickly a company is moving
its inventory.

how quickly a company is turning
it accounts receivable into cash.

the overall efficiency with
which the company uses its assets to generate
revenues.

how rapidly the market believes
the company will grow.
Got them.. no problem
Ask Your Own Multiple Problems Question

CLICK HERE for the necessary resource to check with your own responses on these questions.

All the best in your studies. Again, feel free to request me anytime for your business/finance homework needs.

:-)

Mr. Gregory White
Mr. Gregory White, Master's Degree
Category: Multiple Problems
Satisfied Customers: 5,240
Experience: M.A., M.S. Education / Educational Administration
Verified
Mr. Gregory White and 87 other Multiple Problems Specialists are ready to help you
Ask your own question now
Ask Mr. Gregory White Your Own Question
Mr. Gregory White
Mr. Gregory White
Mr. Gregory White, Master's Degree
Category: Multiple Problems
Satisfied Customers: 5,240
5,240 Satisfied Customers
Experience: M.A., M.S. Education / Educational Administration

Mr. Gregory White is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

I couldn't be more satisfied! This is the site I will always come to when I need a second opinion.

JustinKernersville, NC

Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around.

EstherWoodstock, NY

Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know.

RobinElkton, Maryland

He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here.

DianeDallas, TX

< Previous | Next >

Meet the Experts:

linda_us

linda_us

Master's Degree

1,402 satisfied customers

A tutor for Business, Finance, Accounts and other related topics.

F. Naz

F. Naz

B.Com

1,088 satisfied customers

have completed B.Com and CA Finalist

Manal Elkhoshkhany

Manal Elkhoshkhany

Bachelor's Degree

912 satisfied customers

Completed by BA degree in 1988 and graduated with a GPA of 4.0

Mr. Gregory White

Mr. Gregory White

Master's Degree

5,240 satisfied customers

M.A., M.S. Education / Educational Administration

Bizhelp

Bizhelp

CPA

539 satisfied customers

BA degree and Certified Public Accountant

MyVirtualCPA

MyVirtualCPA

Master's Degree

155 satisfied customers

Master's degree holder who loves to help you understand your MC homework problems

Dimitry K., Esq.

Dimitry K., Esq.

Doctoral Degree

39 satisfied customers

JD/MBA, Business Attorney

< Previous | Next >

Related Multiple Problems Questions
How much do you charger per question I have 50 questions,
How much do you charger per question I have 50 questions … read more
Steven, M.Acc.
Steven, M.Acc.
Instructor
Master\u0027s Degree
252 satisfied customers
How i pay you. About that Questions
how i pay you JA: When we are ready I'll take you to the appropriate web page. Customer: ok JA: The Tutor can help you get an A on your homework or ace your next test. Tell us more about what you need… read more
F. Naz
F. Naz
B.Com
CA Finalist & Completed B.com
1,088 satisfied customers
I have a sauce Hobby it is trying to turn into a business I
I have a sauce Hobby it is trying to turn into a business I make a gourmet line of sauces hot sauces and such and I would like to know what I need to do to make my business official and successful in … read more
F. Naz
F. Naz
B.Com
CA Finalist & Completed B.com
1,088 satisfied customers
I have an assignment for Project Management that I need help
I have an assignment for Project Management that I need help with in order to make sure I understand the lesson. I will upload the chart with the project totals, but the questions it asks are below: 1… read more
F. Naz
F. Naz
B.Com
CA Finalist & Completed B.com
1,088 satisfied customers
For writer F. Naz. This assignment is due no later then
For writer F. Naz. This assignment is due no later then Monday 1/1/18. I have attached the assignment page and the rubric below. Please follow directions and show calculations for all problems and if … read more
F. Naz
F. Naz
B.Com
CA Finalist & Completed B.com
1,088 satisfied customers
Scenario: Person 1 - Owns (Owner) a property (Property)
Scenario: Person 1 - Owns (Owner) a property (Property) which is going to be a rental. Person 2 - Enters a lease-to-buy contract (Buyer) for the property held by the Owner. Buyer will not be living in… read more
PDtax
PDtax
Owner
Master\u0027s Degree
1 satisfied customers
Need help with Project Manager course work. Specifically,
Need help with Project Manager course work. Specifically, WBS, parametric estimates and PERT charts.… read more
F. Naz
F. Naz
B.Com
CA Finalist & Completed B.com
1,088 satisfied customers
I have some several questions i could use some help with.
I have some several questions i could use some help with. … read more
F. Naz
F. Naz
B.Com
CA Finalist & Completed B.com
1,088 satisfied customers
This is your second interview with a prestigious brokerage
This is your second interview with a prestigious brokerage firm for a job as an equity analyst. You survived the morning interviews with the department manager and the vice president of equity. Everyt… read more
F. Naz
F. Naz
B.Com
CA Finalist & Completed B.com
1,088 satisfied customers
I need help on a finance assignment that is timed and online
I need help on a finance assignment that is timed and online - so would need phone assistance on it… read more
Barbara
Barbara
Enrolled Agent, Paralegal
3,777 satisfied customers
How does this work? I have a final exam. 3 essay questions 2
3 essay questions 2 short annswer and 10 multiple choice need in 3 hours… read more
David L.
David L.
Bachelor\u0027s Degree
6 satisfied customers
Which of the following is not a characteristic of a tax? a.
Which of the following is not a characteristic of a tax? a. The payment to the governmental authority is required by law. b. The payment relates to the receipt of a specific benefit. c. The payment is… read more
Manal Elkhoshkhany
Manal Elkhoshkhany
Bachelor's Degree
912 satisfied customers
A department store chain is planning to open a new store.
A department store chain is planning to open a new store. They need to decide how to allocate the 100,000 square feet of available floor space among seven departments. Data on expected performance of … read more
Stephen, MBA
Stephen, MBA
Master's Degree
166 satisfied customers
Suppose that $ 2000 is loaned at a rate of 12 %, compounded
Suppose that $ 2000is loaned at a rate of 12 %, compounded quarterly. Assuming that no payments are made, find the amount owed after 4years.Do not round any intermediate computations, and round your a… read more
F. Naz
F. Naz
B.Com
CA Finalist & Completed B.com
1,088 satisfied customers
Stocks are evidence of __________ bonds are evidence of
Stocks are evidence of __________ bonds are evidence of _________. Select one: a. debt, ownership b. ownership, ownership c. debt, debt d. ownership, debt … read more
Manal Elkhoshkhany
Manal Elkhoshkhany
Bachelor's Degree
912 satisfied customers
This assignment is due no later then wednesday 12/13 at 6pm.
This assignment is due no later then wednesday 12/13 at 6pm. This assignment is for a healthcare finance class. I have attached the questions and assignment page below. Please read the directions care… read more
F. Naz
F. Naz
B.Com
CA Finalist & Completed B.com
1,088 satisfied customers
I need a solution for this problem GeneralProducts Inc. is
i need a solution for this problem GeneralProducts Inc. is incorporated in Nevada, USA on Jan… GeneralProducts Inc. is incorporated in Nevada, USA on Jan 1st 2013 to take over a local retail chain. Th… read more
PDtax
PDtax
Owner
Master\u0027s Degree
1 satisfied customers
Answers to finals. H&R block answers to the final exam
Answers to finals JA: The Tutor can help you get an A on your homework or ace your next test. Tell me more about what you need help with so we can help you best. Customer: H&R block answers to the fin… read more
PDtax
PDtax
Owner
Master\u0027s Degree
1 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x