Cost acct - Study guides, Class notes & Summaries

(WGU D101) ACCT 3314 Cost & Managerial Accounting - Complete OA Review (WGU D101) ACCT 3314 Cost & Managerial Accounting - Complete OA Review (WGU D101) ACCT 3314 Cost & Managerial Accounting - Complete OA Review (WGU D101) ACCT 3314 Cost & Managerial Accounting - Complete OA Review

ACCT 212 Week 5 Homework – Practice: 1. Question: a. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. 2. Question: b. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. 3. Question: c. Using weighted-average cost, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. (Round “Average Cost per unit” to 2 decimal places and all other answers to the nearest whole number.) 4. Questio...

Acct 317 Cost Management Strategic Emphasis - Blocher - Test Bank Acct 317 Cost Management Strategic Emphasis - Blocher - Test Bank Acct 317 Cost Management Strategic Emphasis - Blocher - Test Bank

Acct 317 Cost Management Strategic Emphasis - Blocher - Test Bank Acct 317 Cost Management Strategic Emphasis - Blocher - Test Bank Acct 317 Cost Management Strategic Emphasis - Blocher - Test Bank

Cost Acct Chapter 16 100% SOLUTIONS What type of cost is the result of an event that results in more than one product or service simultaneously? A) byproduct cost B) joint cost C) main cost D) separable cost - ANSWER B All costs incurred beyond the splitoff point that are assignable to one or more individual products are called: A) byproduct costs B) joint costs C) main costs D) separable costs - ANSWER D In joint costing: A) costs are assigned to individual products ...

(WGU D101) ACCT 3314 - Cost & Managerial Accounting - Final Assessment Guide .(WGU D101) ACCT 3314 - Cost & Managerial Accounting - Final Assessment Guide .(WGU D101) ACCT 3314 - Cost & Managerial Accounting - Final Assessment Guide .

ACCT 526 final Exam 1005 Accurate!!A cost that is variable in nature but whose rate of change is not constant is called a: ant variable cost. etionary variable cost. -variable cost. tted variable cost. - ANSWERS-variable cost. Which of the following is an example of a variable cost for a manufacturing unit? a.Plant supervisor's salary b.Advertising cost c.Direct materials cost d.Lease payment - ANSWERSc.Direct materials cost Mahogany Company manufactures computer keyboards. The to...

acct 317 Cost Management Strategic Emphasis - Blocher - Test Bank - Chapter 1 (LATEST VASION) acct 317 Cost Management Strategic Emphasis - Blocher - Test Bank - Chapter 1 (LATEST VASION) acct 317 Cost Management Strategic Emphasis - Blocher - Test Bank - Chapter 1 (LATEST VASION)

ACCT 211 Exam 3(Ch. 7) Long-Term Assets Tangible Asset - correct answer Material: Land, buildings, equipment, etc. (Ch. 7) Long-Term Assets Intangible Asset - correct answer Non-material: Patents, trademarks, copyrights, etc. (Ch. 7) Long-Term Assets Tangible and intangible assets are recorded in the _____________________ - correct answer Balance sheet (Ch. 7) Long-Term Assets We record a __________________ at its cost PLUS all expenditures necessary - correct answer Long-term asset...