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For more course tutorials visit www.acct434.com ACCT 434 Week 1-7 All Discussion Questions ACCT-434 Week 1 Quiz Activity Based Costing ACCT-434 Week 2 Master Budget Flexible Budgets ACCT-434 Week 3 Cost Behavior Decision Making Quality ACCT-434 Week 4 Midterm Exam ACCT-434 Week 5 Pricing Decisions Management Control Systems – PowerPoint PPT presentation

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Title: ACCT 434 Slingshot Academy / acct434.com


1
ACCT 434 Slingshot Academy / acct434.com
The goal of higher education should be to
champion the airing of all honest viewpoints.
Nothing less is acceptable.
For more Tutorials
Visit Now
www.acct434.com
2
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Entire Course Advanced Cost Management
(Devry)
ACCT 434 Week 1-7 All Discussion
Questions ACCT-434 Week 1 Quiz Activity Based
Costing ACCT-434 Week 2 Master Budget Flexible
Budgets ACCT-434 Week 3 Cost Behavior Decision
Making Quality ACCT-434 Week 4 Midterm
Exam ACCT-434 Week 5 Pricing Decisions Management
Control Systems ACCT-434 Week 6 Customer
Profitability Capital Budgeting ACCT-434 Week 7
Quality Control Inventory Management
3
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Final Exam All 5 Sets
ACCT 434 Final Exam Set 1   ACCT 434 Final Exam Se
t 2   ACCT 434 Final Exam Set 3   ACCT 434 Final E
xam Set 4   ACCT 434 Final Exam Set 5
4
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Final Exam Set 1
ACC 434 Final Exam 1. (TCO 1) Evaluating customer 
reaction of the trade-off of giving up some featur
es of a product for a lower price would best fit w
hich category of management decisions under activi
ty-based management? (Points 5)   2. (TCO 1) Dani
elle Company produces a special spray nozzle. The 
budgeted indirect total cost of inserting the spra
y nozzle is 180,000. The budgeted number of nozzl
es 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 inclu
de (Points 5)
5
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Final Exam Set 2
1. (TCO 1) If products are alike, then for costing
 purposes (Points  5)  2. (TCO 1) Ireland Company
 produces a special spray nozzle.  The budgetedind
irect total cost of inserting the spray nozzle is 
180,000.  The budgeted number of nozzles to be in
serted is 80,000.  What is the budgeted indirect c
ost allocation rate for this activity? (Points  5
)  3. (TCO 2) Variable overhead costs include (Poi
nts  5)  4. (TCO 2) Information pertaining to Bre
nton Corporation's sales revenue ispresented in th
e following table                                
          February              March             
  April                  Cash Sales               
  160,000            150,000         120,000   
             
6
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Final Exam Set 3
ACC 434 Final Exams 1. (TCO 1) a significant limit
ation of activity-based costing is the (Points 5)
  2. (TCO 1) Ireland Company produces a special s
pray nozzle.  The budgeted indirect total cost of 
inserting the spray nozzle is 180,000.  The budge
ted number of nozzles to be inserted is 80,000.  W
hat is the budgeted indirect cost allocation rate 
for this activity? (Points 5)
7
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Final Exam Set 4
FINAL EXAM  D 1. (TCO 1) Evaluating customer reac
tion of the trade-off of giving up some features o
f a product for a lower price would best fit which
 category of management decisions under activity-b
ased management? (Points 5) 2. (TCO 1) Danielle C
ompany produces a special spray nozzle. The budget
ed indirect total cost of inserting the spray nozz
le is 180,000. The budgeted number of nozzles to 
be inserted is 60,000. What is the budgeted indire
ct cost allocation rate for this activity? (Points
 5)
8
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Final Exam Set 5
1. (TCO 1) If products are alike, then for costing
 purposes (Points 5)   1) If products are differe
nt, then for costing purposes    1. (TCO 1) Evalu
ating customer reaction of the trade-off of giving
 up some features of a product for a lower price w
ould best fit which category of management decisio
ns under activity-based management? (Points 5) 2.
 (TCO 1) Danielle Company produces a special spray
 nozzle. The budgeted indirect total cost of inser
ting the spray nozzle is 180,000. The budgeted nu
mber of nozzles to be inserted is 60,000. What is 
the budgeted indirect cost allocation rate for thi
s activity? (Points 5)
9
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Midterm Exam (New)
Multiple Choice 10 9 Essay 4    Question 1.
Question  (TCO 1) Which of the following is a sig
n that an ABC system may be useful? Question 2.
Question  (TCO 1) Merriamn Company provides the f
ollowing ABC costing information Activities
Total Costs Activity-cost drivers Account inquiry 
hours 400,000 10,000 hours
10
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Week 1 Quiz (New)
1. Question  (TCO 1) Production-cost cross-subsid
ization results from Question 2. Question 
(TCO 1) The allocation of indirect costs in an act
ivity-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 manag
ement decisions under activity-based management? Q
uestion 4. Question  (TCO 1) Undercosting a parti
cular product may result in Question 5.
Question  (TCO 1) The most likely example of an o
utput unit-level cost is Question 6. Question 
(TCO 1) Unit-
11
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Week 1 Quiz Activity Based Costing
(Devry)
1. Question (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 1,000Purchase cost per unit 50
250Shipments received 12 12Hours used per
shipment 5 3 These data were accumulated
after a careful activity analysis.
12
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Week 1-7 All Discussion Questions
(Devry)
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
13
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Week 2 Master Budget Flexible Budgets
(Devry)
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?
14
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Week 2 Quiz (New)
1. Question  (TCO 2) Benchmarking is Question 2.
Question  (TCO 2) To gain the benefits of budgeti
ng, _____ must understand and support the budget.
Question 3. Question  (TCO 2) Financial budgets i
nclude the Question 4. Question 
(TCO 2) A flexible budget Question 5. Question 
(TCO 2) A favorable variance indicates that Questi
on 6. Question  (TCO 2) Performance evaluation us
ing variance analysis should guard against
15
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Week 3 Cost Behavior Decision Making
Quality (Devry)
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. 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?
16
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Week 3 Quiz (New)
1. Question  (TCO 1) ABC systems create Question 
2. Question  (TCO 1) Merriamn Company provides th
e 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 acc
ounts 150,000 40,000 accounts Correspondence lett
ers  50,000 4,000 letters Total costs 880,000  
17
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Week 4 Midterm Exam (Devry)
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
18
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Week 4 Quiz (New)
1. Question  (TCO 3) Dougherty Company employs 20
 individuals. Eight employees are paid 12 per hou
r and the rest are salaried employees paid 3,000 
a month. How would total costs of personnel be cla
ssified? Question 2. Question 
(TCO 3) For January, the cost components of a pict
ure frame include 0.35 for the glass, 0.65 for t
he wooden frame, and 0.80 for assembly. The assem
bly desk and tools cost 400. A total of 1,000 fra
mes is expected to be produced in the coming year.
 What cost function best represents these costs? Q
uestion 3. Question  (TCO 3) Which cost estimatio
n method uses a formal mathematical method to deve
lop cost functions based on past data?
19
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Week 5 Pricing Decisions Management
Control Systems (Devry)
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
20
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Week 5 Quiz (New)
Question 1. Question  (TCO 7) When companies do n
ot want to use market prices or find it too costly
, they typically use _____ prices, even though sub
optimal 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 Questio
n 3. Question  (TCO 7) A product's markup percent
age needs to cover operating profits when the cost
 base is
21
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Week 6 Customer Profitability Capital
Budgeting (Devry)
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 is
that 3. Question (TCO 9) The MOST likely reason
for NOT allocating corporate costs to divisions
include that
22
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Week 6 Quiz (New)
1. Question  (TCO 9) To guide cost allocation dec
isions, the benefits-received criterion   Question
 2. Question  (TCO 9) Which cost-allocation crite
rion is superior when making an economic decision?
  Question 3. Question  (TCO 9) The MOST likely 
reason for allocating all corporate costs to divis
ions include that
23
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Week 7 Quality Control Inventory
Management (Devry)
1. Question (TCO 11)The four cost categories in
a cost of quality program are 2. Question (TCO
11) ________ is a formal means of distinguishing
between random and nonrandom variation in an
operating process. 3. Question (TCO 11) Which
of the following is NOT one of the steps in
managing bottlenecks under the theory of
constraints?
24
ACCT 434 Slingshot Academy / acct434.com
ACCT 434 Week 7 Quiz (New)
1. Question  (TCO 11) Nonfinancial measures for i
nternal quality performance include all but which 
of the following?   Question 2. Question 
(TCO 11) Which of the following is NOT a nonfinanc
ial performance measure for customer satisfaction?
Question 3. Question  (TCO 11) Which of the foll
owing is NOT one of the three main measurements in
 the theory of constraints?
25
ACCT 434 Slingshot Academy / acct434.com
The goal of higher education should be to
champion the airing of all honest viewpoints.
Nothing less is acceptable.
For more Tutorials
Visit Now
www.acct434.com
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