BUS 5431 Final Exam 1, Questions With Answers.Your test grade is 95.65%
The professor has configured this test to allow students to:
Show Questions Answered Correctly
Show Questions Answered Incorrectly
Show All Responses Selected By Student
Show What The Correct Response Should Be
QUESTION: ...
moe’s machines has the following costs in a period
tangerine company plans to sell 20
Written for
Florida Institute Of Technology
BUS 5431
All documents for this subject (4)
Seller
Follow
StudyConnect
Reviews received
Content preview
Test Review - Anthony Shelton
Your test grade is 95.65%
The professor has configured this test to allow students to:
Show Questions Answered Correctly
Show Questions Answered Incorrectly
Show All Responses Selected By Student
Show What The Correct Response Should Be
QUESTION: 1
TYPE: MULTIPLE CHOICE
[QUESTION BANK ID: 122393]
CORRECT
Moe’s Machines has the following costs in a period when production is 2,000 units: Direct materials, $8,500; direct labor (variable), $9,000; straight-line
depreciation, $800; rent (same every month), $1,200; and other fixed costs, $1,000. If production changes to 1,800 units, the total variable costs and total fixed
costs will be
A
$17,500 and $3,000.
B
$15,750 and $3,000.
C
$17,500 and $2,700.
D
$15,750 and $2,700.
QUESTION: 2
TYPE: MULTIPLE CHOICE
[QUESTION BANK ID: 69443]
CORRECT
Tangerine Company plans to sell 20,000 units next year and has budgeted sales of $500,000 and profits of $60,000. Variable costs are projected to be $15 per
unit. Apricot Company offers to pay $50,000 to buy 3,000 units from Tangerine. This offer does not affect Tangerine’s other planned operations. The incremental
revenues for this situation are
A
$50,000.
B
$60,000.
C
$45,000.
D
$65,000.
, QUESTION: 3
TYPE: MULTIPLE CHOICE
[QUESTION BANK ID: 115007]
CORRECT
Equivalent units for the molding department totaled 20,600 during November. Nineteen thousand units were transferred out to the finishing department. If the
items remaining in ending inventory are 40% complete, how many units are in ending inventory?
A
1,600
B
4,000
C
6,400
D
640
QUESTION: 4
TYPE: MULTIPLE CHOICE
[QUESTION BANK ID: 320846]
CORRECT
Messenger
Status (busy/available)
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller StudyConnect. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $15.49. You're not tied to anything after your purchase.
