3809962
Descripción
Test por elyza.gaona01, actualizado hace más de 1 año
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Creado por elyza.gaona01
hace más de 8 años
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Pregunta 1
Pregunta
Activity Base is the activity that causes cost to change
Respuesta
- True
- False
Pregunta 2
Pregunta
Relevant range is the range of activity over which the changes in costs are not of interest.
Respuesta
- True
- False
Pregunta 3
Pregunta
Variable costs consist of DM, DL, and all FOH costs.
Respuesta
- True
- False
Pregunta 4
Pregunta
For Variable costs, what happens to cost per unit and total cost? Do they change or stay the same with changes in production?
Respuesta
-
Cost per unit decreases, Total cost stays the same.
-
Cost per unit increases, Total cost decreases.
-
Cost per unit stays the same, Total cost changes in proportion to activity base.
Pregunta 5
Pregunta
For Fixed Cost, how do total cost and cost per unit react to changes in activity base?
Respuesta
-
Cost per unit increases as activity level increases; Total cost remains the same regardless to production
-
Cost per unit decreases as activity level decreases;Total cost changes in proportion to changes in activity level
-
Cost per unit decreases as activity level increases;Total cost remains the same regardless of production
Pregunta 6
Pregunta
What method is used to separate variable and fixed costs for mixed costs?
Respuesta
-
Break-Even point
-
High-low
-
Margin of Safety
-
Operating Leverage
Pregunta 7
Pregunta
What are some examples of variable costs?
Respuesta
-
straight-line depreciation
-
Direct materials cost
-
rent
-
sales commission
-
shipping costs
Pregunta 8
Pregunta
What are some examples of Fixed Costs?
Respuesta
-
Straight-line depreciation
-
Rent
-
Sales commission
-
Plant manager salary
Pregunta 9
Pregunta
The formula: Difference in Total Cost/Difference in units produced comes from which method?
Respuesta
-
Break-Even Method
-
Operating Method
-
High-low method
-
Variable Method
Pregunta 10
Pregunta
The formula for Fixed Cost after using High-low method is:
Total costs-(variable cost per unit x units produced)
Respuesta
- True
- False
Pregunta 11
Pregunta
The formula for Total Cost = (Fixed cost x units produced) + variable cost per unit
Respuesta
- True
- False
Pregunta 12
Pregunta
How do we find Contribution Margin?
Respuesta
-
variable costs - sales
-
sales - variable costs
-
sales - fixed costs
Pregunta 13
Pregunta
How do we find Contribution Margin Ratio?
Respuesta
-
contribution margin / sales
-
sales / contribution margin
-
unit contribution margin / sales
Pregunta 14
Pregunta
How do we find Unit Contribution Margin?
Respuesta
-
unit selling price - variable costs
-
fixed costs - unit selling price
-
unit selling price - unit variable costs
Pregunta 15
Pregunta
How do we find Break-Even Point (units)?
Respuesta
-
fixed cost/ unit contribution margin
-
fixed cost / contribution margin
-
variable cost / contribution margin ratio
-
fixed cost / contribution margin ratio
Pregunta 16
Pregunta
How do we find Break-Even Point (dollars $)
Respuesta
-
Fixed cost / unit contribution margin
-
Fixed cost / contribution margin ratio
-
Fixed cost / unit contribution margin ratio
-
Variable cost / unit contribution margin
Pregunta 17
Pregunta
Break-Even Point is affected by?
Respuesta
-
changes in fixed costs
-
changes is variable costs
-
changes in unit variable costs
-
changes in unit selling price
Pregunta 18
Pregunta
An increase in fixed costs increases break-even point with a direct relationship
Respuesta
- True
- False
Pregunta 19
Pregunta
A decrease in fixed cost increases break-even point
Respuesta
- True
- False
Pregunta 20
Pregunta
An increase in unit variable cost will increase the break-even point, and a decrease in unit variable cost will decrease the break-even point.
Respuesta
- True
- False
Pregunta 21
Pregunta
An increase in the unit selling price will decrease the break-even point, and a decrease in the unit selling price will increase the break-even point.
Respuesta
- True
- False
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