{"id":200937,"date":"2018-09-13T22:23:26","date_gmt":"2018-09-13T22:23:26","guid":{"rendered":"http:\/\/localhost\/wordpress\/index.php\/2018\/09\/13\/acct-434-week-3-quiz-new\/"},"modified":"2018-10-24T08:58:44","modified_gmt":"2018-10-24T08:58:44","slug":"acct-434-week-3-quiz-new","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/acct-434-week-3-quiz-new\/","title":{"rendered":"ACCT 434 Week 3 Quiz (New)"},"content":{"rendered":"<p>1. Question\u00a0: (TCO\u00a01)\u00a0ABC\u00a0systems\u00a0create\tQuestion\u00a02. Question\u00a0: (TCO\u00a01)\u00a0Merriamn\u00a0Company\u00a0provides\u00a0the\u00a0following\u00a0ABC\u00a0costing\u00a0information:\u00a0\tActivities Total\u00a0Costs Activity-cost\u00a0drivers\tAccount\u00a0inquiry\u00a0hours $400,000 10,000\u00a0hours\tAccount\u00a0billing\u00a0lines $280,000 4,000,000\u00a0lines\tAccount\u00a0verification\u00a0accounts $150,000 40,000\u00a0accounts\tCorrespondence\u00a0letters $\u00a050,000 4,000\u00a0letters\tTotal\u00a0costs $880,000 \u00a0\t\u00a0\tThe\u00a0above\u00a0activities\u00a0are\u00a0used\u00a0by\u00a0Department\u00a0A\u00a0and\u00a0B\u00a0as\u00a0follows:\t\u00a0 Department\u00a0A Department\u00a0B\tAccount\u00a0inquiry\u00a0hours 2,000\u00a0hours 4,000\u00a0hours\tAccount\u00a0billing\u00a0lines 400,000\u00a0lines 200,000\u00a0lines\tAccount\u00a0verification\u00a0accounts 10,000\u00a0accounts 8,000\u00a0accounts\tCorrespondence\u00a0letters 1,000\u00a0letters 1,600\u00a0letters\tHow\u00a0much\u00a0of\u00a0the\u00a0account\u00a0billing\u00a0cost\u00a0will\u00a0be\u00a0assigned\u00a0to\u00a0Department\u00a0B?\tQuestion\u00a03. Question\u00a0: (TCO\u00a02)\u00a0Examples\u00a0of\u00a0nonfinancial\u00a0budgets\u00a0include\u00a0all\u00a0of\u00a0the\u00a0following\u00a0EXCEPT\tQuestion\u00a04. Question\u00a0: (TCO\u00a02)\u00a0Dalyrymple\u00a0Company\u00a0produces\u00a0a\u00a0special\u00a0spray\u00a0nozzle.\u00a0\u00a0The\u00a0budgeted\u00a0indirect\u00a0total\u00a0cost\u00a0of\u00a0inserting\u00a0the\u00a0spray\u00a0nozzle\u00a0is\u00a0$80,000.\u00a0\u00a0The\u00a0budgeted\u00a0number\u00a0of\u00a0nozzles\u00a0to\u00a0be\u00a0inserted\u00a0is\u00a040,000.\u00a0\u00a0What\u00a0is\u00a0the\u00a0budgeted\u00a0indirect\u00a0cost\u00a0allocation\u00a0rate\u00a0for\u00a0this\u00a0activity?\tQuestion\u00a05. Question\u00a0: (TCO\u00a03)\u00a0The\u00a0conference\u00a0method\u00a0estimates\u00a0cost\u00a0functions\t\u00a0\tQuestion\u00a06. Question\u00a0: (TCO\u00a04)\u00a0Relevant\u00a0costs\u00a0of\u00a0a\u00a0make-or-buy\u00a0decision\u00a0include\u00a0all\u00a0of\u00a0the\u00a0following\u00a0EXCEPT\tQuestion\u00a07. Question\u00a0: (TCO\u00a05)\u00a0With\u00a0a\u00a0constraining\u00a0resource,\u00a0managers\u00a0should\u00a0choose\u00a0the\u00a0product\u00a0with\u00a0the\u00a0________.\t\u00a0\tQuestion\u00a08. Question\u00a0: (TCO\u00a05)\u00a0Konrade&#8217;s\u00a0Engine\u00a0Company\u00a0manufactures\u00a0part\u00a0TE456\u00a0used\u00a0in\u00a0several\u00a0of\u00a0its\u00a0engine\u00a0models.\u00a0\u00a0Monthly\u00a0production\u00a0costs\u00a0for\u00a01,000\u00a0units\u00a0are\u00a0as\u00a0follows: \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0\tDirect\u00a0materials \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd$40,000\tDirect\u00a0labor \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd10,000\tVariable\u00a0overhead\u00a0costs \ufffd \ufffd \ufffd \ufffd\u00a030,000\tFixed\u00a0overhead\u00a0costs \ufffd \ufffd \ufffd \ufffd \ufffd20,000\tTotal\u00a0costs \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0$100,000\tIt\u00a0is\u00a0estimated\u00a0that\u00a010%\u00a0of\u00a0the\u00a0fixed\u00a0overhead\u00a0costs\u00a0assigned\u00a0to\u00a0TE456\u00a0will\u00a0no\u00a0longer\u00a0be\u00a0incurred\u00a0if\u00a0the\u00a0company\u00a0purchases\u00a0TE456\u00a0from\u00a0the\u00a0outside\u00a0supplier.\u00a0\u00a0Konrade&#8217;s\u00a0Engine\u00a0Company\u00a0has\u00a0the\u00a0option\u00a0of\u00a0purchasing\u00a0the\u00a0part\u00a0from\u00a0an\u00a0outside\u00a0supplier\u00a0at\u00a0$85\u00a0per\u00a0unit.\tIf\u00a0Konrade&#8217;s\u00a0Engine\u00a0Company\u00a0accepts\u00a0the\u00a0offer\u00a0from\u00a0the\u00a0outside\u00a0supplier,\u00a0the\u00a0monthly\u00a0avoidable\u00a0costs\u00a0(costs\u00a0that\u00a0will\u00a0no\u00a0longer\u00a0be\u00a0incurred)\u00a0total\tQuestion\u00a09. Question\u00a0: (TCO\u00a03)\u00a0The\u00a0cost\u00a0components\u00a0of\u00a0an\u00a0air\u00a0conditioner\u00a0include\u00a0$35\u00a0for\u00a0the\u00a0compressor,\u00a0$11.50\u00a0for\u00a0the\u00a0sheet-molded\u00a0compound\u00a0frame,\u00a0and\u00a0$80\u00a0per\u00a0unit\u00a0for\u00a0assembly.\u00a0\u00a0The\u00a0factory\u00a0machines\u00a0and\u00a0tools\u00a0cost\u00a0is\u00a0$55,000.\u00a0\u00a0The\u00a0company\u00a0expects\u00a0to\u00a0produce\u00a01,500\u00a0air\u00a0conditioners\u00a0in\u00a0the\u00a0coming\u00a0year.\u00a0\u00a0What\u00a0cost\u00a0function\u00a0best\u00a0represents\u00a0these\u00a0costs?\tQuestion\u00a010. Question\u00a0: (TCO\u00a04)\u00a0Opportunity\u00a0costs<\/p>\n","protected":false},"excerpt":{"rendered":"<p>1. Question\u00a0: (TCO\u00a01)\u00a0ABC\u00a0systems\u00a0create Question\u00a02. Question\u00a0: (TCO\u00a01)\u00a0Merriamn\u00a0Company\u00a0provides\u00a0the\u00a0following\u00a0ABC\u00a0costing\u00a0information:\u00a0 Activities Total\u00a0Costs Activity-cost\u00a0drivers Account\u00a0inquiry\u00a0hours $400,000 10,000\u00a0hours Account\u00a0billing\u00a0lines $280,000 4,000,000\u00a0lines Account\u00a0verification\u00a0accounts $150,000 40,000\u00a0accounts Correspondence\u00a0letters $\u00a050,000 4,000\u00a0letters Total\u00a0costs $880,000 \u00a0 \u00a0 The\u00a0above\u00a0activities\u00a0are\u00a0used\u00a0by\u00a0Department\u00a0A\u00a0and\u00a0B\u00a0as\u00a0follows: \u00a0 Department\u00a0A Department\u00a0B Account\u00a0inquiry\u00a0hours 2,000\u00a0hours 4,000\u00a0hours Account\u00a0billing\u00a0lines 400,000\u00a0lines 200,000\u00a0lines Account\u00a0verification\u00a0accounts 10,000\u00a0accounts 8,000\u00a0accounts Correspondence\u00a0letters 1,000\u00a0letters <a href=\"https:\/\/www.benedictsol.com\/blogs\/acct-434-week-3-quiz-new\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-200937","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/200937","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=200937"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/200937\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=200937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=200937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=200937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}