Question 1

Laner Company has the following data for the production and sale of 2,000 units.   What is the variable manufacturing cost per unit?

Accepted Answer

A) $380 
B) $430 
C) $480 
D) $730 
A) $380 
B) $430 
C) $480 
D) $730

Question 2

Laner Company has the following data for the production and sale of 2,000 units.   What is the conversion cost per unit?

Accepted Answer

A) $100 
B) $180 
C) $280 
D) $380 
A) $100 
B) $180 
C) $280 
D) $380

Question 3

Inventoriable costs:

Accepted Answer

A) include only the prime costs of manufacturing a product. 
B) include only the conversion costs of providing a service. 
C) exclude fixed manufacturing costs. 
D) are regarded as assets until the units are solD. 
A) include only the prime costs of manufacturing a product. 
B) include only the conversion costs of providing a service. 
C) exclude fixed manufacturing costs. 
D) are regarded as assets until the units are solD.

Question 4

Sarasota Company, (a merchandising Co. )has the following data pertaining to the year ended December 31,2006: (CPA adapted)   What is the cost of goods sold for the year?

Accepted Answer

A) $385,000 
B) $460,000 
C) $485,000 
D) $536,000 
A) $385,000 
B) $460,000 
C) $485,000 
D) $536,000

Question 5

The estimated unit costs for a company to produce and sell a product at a level of 12,000 units per month are as follows:   What are the estimated variable costs per unit?

Accepted Answer

A) $70 
B) $38 
C) $67 
D) $52 
A) $70 
B) $38 
C) $67 
D) $52

Laner Company has the following data for the production and sale of 2,000 units. What is the variable manufacturing cost per unit?

Laner Company has the following data for the production and sale of 2,000 units. What is the conversion cost per unit?

Inventoriable costs:

Sarasota Company, (a merchandising Co. )has the following data pertaining to the year ended December 31,2006: (CPA adapted) What is the cost of goods sold for the year?

The estimated unit costs for a company to produce and sell a product at a level of 12,000 units per month are as follows: What are the estimated variable costs per unit?

Cost Accounting: Information for Decision Making

Fundamentals of Cost-Volume-Profit Analysis

Fundamentals of Cost Analysis for Decision Making

Cost Estimation

Fundamentals of Product and Service Costing

Job Costing

Process Costing

Activity-Based Costing

Fundamentals of Cost Management

Service Department and Joint Cost Allocation

Fundamentals of Management Control Systems

Planning and Budgeting

Business Unit Performance Measurement

Transfer Pricing

Fundamentals of Variance Analysis

Additional Topics in Variance Analysis

Performance Measurement to Support Business Strategy

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Exam 2: Cost Concepts and Behavior

Laner Company has the following data for the production and sale of 2,000 units. What is the variable manufacturing cost per unit?

Laner Company has the following data for the production and sale of 2,000 units. What is the conversion cost per unit?

Inventoriable costs:

Sarasota Company, (a merchandising Co. )has the following data pertaining to the year ended December 31,2006: (CPA adapted) What is the cost of goods sold for the year?

The estimated unit costs for a company to produce and sell a product at a level of 12,000 units per month are as follows: What are the estimated variable costs per unit?

Cost Accounting: Information for Decision Making

Fundamentals of Cost-Volume-Profit Analysis

Fundamentals of Cost Analysis for Decision Making

Cost Estimation

Fundamentals of Product and Service Costing

Job Costing

Process Costing

Activity-Based Costing

Fundamentals of Cost Management

Service Department and Joint Cost Allocation

Fundamentals of Management Control Systems

Planning and Budgeting

Business Unit Performance Measurement

Transfer Pricing

Fundamentals of Variance Analysis

Additional Topics in Variance Analysis

Performance Measurement to Support Business Strategy

Filters