Exam 8: Tactical Decision-Making and Relevant Costing

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Tyler Company has the following information pertaining to its two product lines for last year: Tyler Company has the following information pertaining to its two product lines for last year:     Common expenses are $105,000 for the year. -  What is the income for Tyler Company? Common expenses are $105,000 for the year. - What is the income for Tyler Company?

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Grass Valley Mining mines three products.Gold ore sells for $1,000 per ton, variable costs are $400 per ton, and fixed mining costs are $250,000.Last year the segment margin was $(100,000). How many tons of gold ore did Grass Valley Mining sell last year?

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Mattson Construction charges each customer a price equal to the cost of direct materials, direct labor, and overhead plus 40%.Job #1845 included the following costs: What is price charged for Job 1845? Mattson Construction charges each customer a price equal to the cost of direct materials, direct labor, and overhead plus 40%.Job #1845 included the following costs: What is price charged for Job 1845?

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_____ are referred to as strictly variable costs.

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