Exam 14: Cost Allocation, customer-Profitability Analysis, and Sales-Variance Analysis

The market-share variance is the difference in budgeted contribution margin for actual market size in units caused solely by actual market share being different from budgeted market share.

(True/False)

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Question 161

The Conity Corporation has an Electric Mixer Division and an Electric Lamp Division.Of a $15,000,000 bond issuance,the Electric Mixer Division used $9,400,000 and the Electric Lamp Division used $5,600,000 for expansion.Interest costs on the bond totaled $980,000 for the year. The above interest costs would be considered a(n)________.

(Multiple Choice)

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Question 162

To allocate corporate costs to divisions,the ideal situation would be for the allocation base to ________.

(Multiple Choice)

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Question 163

Which purpose of cost allocation is used to encourage sales representatives to push high-margin products or services?

(Multiple Choice)

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Question 164

Which of the following is true of corporate-sustaining costs?

(Multiple Choice)

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Question 165

Consider revenues from three of Megafy's 10 wholesale customers in 2015: What conclusions can be drawn from the above data? What steps can the manager of the company take?

(Essay)

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Question 166

An individual cost item can be simultaneously a direct cost of one cost object and an indirect cost of another cost object.

(True/False)

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Question 167

Showing 161 - 167 of 167

The market-share variance is the difference in budgeted contribution margin for actual market size in units caused solely by actual market share being different from budgeted market share.

To allocate corporate costs to divisions,the ideal situation would be for the allocation base to ________.

Which purpose of cost allocation is used to encourage sales representatives to push high-margin products or services?

Which of the following is true of corporate-sustaining costs?

Consider revenues from three of Megafy's 10 wholesale customers in 2015: What conclusions can be drawn from the above data? What steps can the manager of the company take?

An individual cost item can be simultaneously a direct cost of one cost object and an indirect cost of another cost object.

The Manager and Management Accounting

An Introduction to Cost Terms and Purposes

Cost-Volume-Profit Analysis

Job Costing

Activity-Based Costing and Activity-Based Management

Master Budget and Responsibility Accounting

Flexible Budgets,direct-Cost Variances,and Management Control

Flexible Budgets, overhead Cost Variances, and Management Control

Inventory Costing and Capacity Analysis

Determining How Costs Behave

Decision Making and Relevant Information

Strategy,balanced Scorecard,and Strategic Profitability Analysis

Pricing Decisions and Cost Management

Allocation of Support-Department Costs, common Costs, and Revenues

Cost Allocation: Joint Products and Byproducts

Process Costing

Spoilage, rework, and Scrap

Balanced Scorecard: Quality and Time

Inventory Management, just-In-Time, and Simplified Costing Methods

Capital Budgeting and Cost Analysis

Management Control Systems, transfer Pricing, and Multinational Considerations

Performance Measurement, compensation, and Multinational Considerations

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