Testbank For Managerial Accounting 18th Edition By Ray Garrison Version 1 2 MULTIPLE CHOICE
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For Managerial Accounting 18th by Ray Gar
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For Managerial Accounting 18th By Ray Gar
Testbank For Managerial Accounting 18th Edition By Ray Garrison Version 1 2 MULTIPLE CHOICE - Choose the one alternative that best completes the statement or answers the question. 1) Which of the following statements are true? 1. A factory supervisor's salary would be classified as an indirect cost...
Managerial Accounting and Cost Concepts
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TheDthreeDmajorDtypesDofDproductDcost0sDinDaDman a. VariableDcost:DTheDvariableDcostDperD
ufacturingDcompanyDareDdirectDmat0erials,DdirectDlabor,Da unitDi0sDconstant,DbutDtotalDvariableDc
ndDmanufacturingDoverhe0ad.0 ostDchange0sDinDdirectDproportionDtoD
changesDinDvolu0me.0
1-20 b. FixedDcost:DTheDtotalDfixedDcostDisDco
a. DirectDmaterialsDareDanDintegralDpartDofD nstant0DwithinDtheDrelevantDrange.DT
aDfinishedDproductDandDtheirDcostsDcanDbeDcon0venientlyDtrace heDaverageDfix0edDcostDperDunitDvari
dDtoDit.0 esDinverselyDwithDchan0gesD0inDvolum
b. IndirectDmaterialsDareDgenerallyDsmallDite e.0
msDofDmaterialDsuchDasDglueDandDnails.DTheyDm0ayDbeDanDinte c. MixedDcost:DADmixedDcostDcontainsDb
gralDpartDofDaDfinishedDproductDbut0DtheirDcostsDcanDbeDtraced ot0hDvariableDandDfixedDcostDelement
DtoDtheDproductDonlyD0atDgreatDcostDorDinconvenience.0 s.0
c. DirectDlaborDconsistsDofDlaborDcostsDth
atDcanDbeDeasilyDtracedDtoDparticularDproduct0s.0 1-50
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d. IndirectDlaborDconsistsDofDtheDlaborDcost tyDlev0elDincreases.0
sDofDjanitors,Dsupervisors,DmaterialsDhandlers,Da0ndDotherDfact b. UnitDvariableDcostsDremainDconstantDas
oryDworkersDthatDcannotDbeDconv0enientlyDtracedDtoDparticular Dth0eDactivityDlevelDincreases.0
Dproducts.DTheseDl0aborDcostsDareDincurredDtoDsupportDproduc c. TotalDfixedDcostsDremainDconstantDasDt
tion,0DbutDtheDworkersDinvolvedDdoDnotDdirectlyDwor0kDonDtheD h0eDactivityDlevelDincreases.0
product.0 d. TotalDvariableDcostsDincreaseDasDtheDa
e. ManufacturingDoverheadDincludesDallDma ctivit0yDlevelDincreases.0
nufacturingDcostsDexceptDdirectDmaterialsDandDd0irectDlabor.DC
onsequently,DmanufacturingDoverh0eadDincludesDindirectDmate 1-60
rialsDandDindirectDlab0orDasDwellDasDotherDmanufacturingDcosts a. CostDbehavior:DCostDbehaviorDrefersDto
.0 Dthe0DwayDinDwhichDcostsDchangeDinDre
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