Question 1

The Wholesale Division's break-even sales in dollars is closest to:

Accepted Answer

A) $164,286 
B) $217,686 
C) $273,286 
D) $469,884 
A) $164,286 
B) $217,686 
C) $273,286 
D) $469,884

Question 2

The company's overall break-even sales is closest to:

Accepted Answer

A) $286,163 
B) $174,205 
C) $236,996 
D) $49,167 
A) $286,163 
B) $174,205 
C) $236,996 
D) $49,167

Question 3

The Southern Division's break-even sales is closest to:

Accepted Answer

A) $150,746 
B) $183,582 
C) $286,163 
D) $205,254 
A) $150,746 
B) $183,582 
C) $286,163 
D) $205,254

Question 4

Under conventional absorption costing, the fixed costs associated with idle production capacity are not included as part of the product cost.

Accepted Answer

A) True 
 B)False

Question 5

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:   What is the total period cost for the month under absorption costing?

Accepted Answer

A) $50,000 
B) $7,200 
C) $39,600 
D) $10,400 
A) $50,000 
B) $7,200 
C) $39,600 
D) $10,400

Question 6

Monce Corporation has two divisions: Home Division and Commercial Division. The following report is for the most recent operating period:   The common fixed expenses have been allocated to the divisions on the basis of sales.
Required:
a. What is the Home Division's break-even in sales dollars?
b. What is the Commercial Division's break-even in sales dollars?
c. What is the company's overall break-even in sales dollars?

Accepted Answer

@#IMG-DLM& a. Home Division break-even:
Segment CM

Question 7

Propst Corporation has two divisions: Garden Division and Farm Division. The following report is for the most recent operating period:   Required:
a. What is the Garden Division's break-even in sales dollars?
b. What is the Farm Division's break-even in sales dollars?
c. What is the company's overall break-even in sales dollars?
d. What would be the company's overall net operating income if the company operated at its two division's break-even points?

Accepted Answer

a. Garden Division break-even:
Segment C

Question 8

Which costing method (variable or absorption) will generate a higher net operating income in Cutterski's first year of operations and by how much?

Accepted Answer

A) variable by $81,000 
B) variable by $108,000 
C) absorption by $81,000 
D) absorption by $108,000 
A) variable by $81,000 
B) variable by $108,000 
C) absorption by $81,000 
D) absorption by $108,000

Question 9

What is the unit product cost for the month under variable costing?

Accepted Answer

A) $83 per unit 
B) $74 per unit 
C) $90 per unit 
D) $81 per unit 
A) $83 per unit 
B) $74 per unit 
C) $90 per unit 
D) $81 per unit

Question 10

Last year, Rochester Corporation's variable costing net operating income was $78,000. The fixed manufacturing overhead costs released from inventory under absorption costing amounted to $39,000.
Required:
Determine the absorption costing net operating income last year. Show your work!

Accepted Answer

The answer of Last year, Rochester Corporation's variable costing net...

Question 11

Rede Inc. manufactures a single product. Variable costing net operating income was $63,800 last year and its inventory decreased by 300 units. Fixed manufacturing overhead cost was $4 per unit for both units in beginning and in ending inventory. What was the absorption costing net operating income last year?

Accepted Answer

A) $65,000 
B) $1,200 
C) $63,800 
D) $62,600 
A) $65,000 
B) $1,200 
C) $63,800 
D) $62,600

Question 12

Last year, Rassel Corporation's variable costing net operating income was $63,200. Fixed manufacturing overhead costs deferred in inventory under absorption costing amounted to $31,900. What was the absorption costing net operating income last year?

Accepted Answer

A) $31,300 
B) $95,100 
C) $63,200 
D) $31,900 
A) $31,300 
B) $95,100 
C) $63,200 
D) $31,900

Question 13

The contribution margin per unit during March was:

Accepted Answer

A) $8 per unit 
B) $12 per unit 
C) $10 per unit 
D) $3 per unit 
A) $8 per unit 
B) $12 per unit 
C) $10 per unit 
D) $3 per unit

Question 14

What is the net operating income for the month under variable costing?

Accepted Answer

A) $8,100 
B) $3,900 
C) $12,000 
D) $(14,100) 
A) $8,100 
B) $3,900 
C) $12,000 
D) $(14,100)

Question 15

What is the total period cost for the month under variable costing?

Accepted Answer

A) $93,600 
B) $154,800 
C) $88,400 
D) $182,000 
A) $93,600 
B) $154,800 
C) $88,400 
D) $182,000

Question 16

The Blue Division's break-even sales is closest to:

Accepted Answer

A) $383,825 
B) $218,286 
C) $77,551 
D) $112,163 
A) $383,825 
B) $218,286 
C) $77,551 
D) $112,163

Question 17

What is the company's overall net operating income if it operates at the break-even points for its two divisions?

Accepted Answer

A) $(36,520) 
B) $33,080 
C) $0 
D) $(206,520) 
A) $(36,520) 
B) $33,080 
C) $0 
D) $(206,520)

Question 18

What was the absorption costing net operating income last year?

Accepted Answer

A) $53,600 
B) $50,000 
C) $57,200 
D) $50,300 
A) $53,600 
B) $50,000 
C) $57,200 
D) $50,300

Question 19

The unit product cost under absorption costing was:

Accepted Answer

A) $135 per unit 
B) $30 per unit 
C) $103 per unit 
D) $33 per unit 
A) $135 per unit 
B) $30 per unit 
C) $103 per unit 
D) $33 per unit

Question 20

The Western Division's break-even sales is closest to:

Accepted Answer

A) $266,255 
B) $368,309 
C) $307,709 
D) $170,909 
A) $266,255 
B) $368,309 
C) $307,709 
D) $170,909

The Wholesale Division's break-even sales in dollars is closest to:

The company's overall break-even sales is closest to:

The Southern Division's break-even sales is closest to:

Under conventional absorption costing, the fixed costs associated with idle production capacity are not included as part of the product cost.

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: What is the total period cost for the month under absorption costing?

Which costing method (variable or absorption) will generate a higher net operating income in Cutterski's first year of operations and by how much?

What is the unit product cost for the month under variable costing?

Last year, Rochester Corporation's variable costing net operating income was $78,000. The fixed manufacturing overhead costs released from inventory under absorption costing amounted to $39,000. Required: Determine the absorption costing net operating income last year. Show your work!

Last year, Rassel Corporation's variable costing net operating income was $63,200. Fixed manufacturing overhead costs deferred in inventory under absorption costing amounted to $31,900. What was the absorption costing net operating income last year?

The contribution margin per unit during March was:

What is the net operating income for the month under variable costing?

What is the total period cost for the month under variable costing?

The Blue Division's break-even sales is closest to:

What is the company's overall net operating income if it operates at the break-even points for its two divisions?

What was the absorption costing net operating income last year?

The unit product cost under absorption costing was:

The Western Division's break-even sales is closest to:

Managerial Accounting and Cost Concepts

Least-Squares Regression Computations

Cost of Quality

Job-Order Costing

Activity-Based Absorption Costing

The Predetermined Overhead Rate and Capacity

Process Costing

Fifo Method

Service Department Allocations

Cost-Volume-Profit Relationships

Super-Variable Costing

Activity-Based Costing: a Tool to Aid Decision Making

Abc Action Analysis

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Exam 11: Variable Costing and Segment Reporting: Tools for Management

The Wholesale Division's break-even sales in dollars is closest to:

The company's overall break-even sales is closest to:

The Southern Division's break-even sales is closest to:

Under conventional absorption costing, the fixed costs associated with idle production capacity are not included as part of the product cost.

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: What is the total period cost for the month under absorption costing?

Which costing method (variable or absorption) will generate a higher net operating income in Cutterski's first year of operations and by how much?

What is the unit product cost for the month under variable costing?

Last year, Rochester Corporation's variable costing net operating income was $78,000. The fixed manufacturing overhead costs released from inventory under absorption costing amounted to $39,000. Required: Determine the absorption costing net operating income last year. Show your work!

Last year, Rassel Corporation's variable costing net operating income was $63,200. Fixed manufacturing overhead costs deferred in inventory under absorption costing amounted to $31,900. What was the absorption costing net operating income last year?

The contribution margin per unit during March was:

What is the net operating income for the month under variable costing?

What is the total period cost for the month under variable costing?

The Blue Division's break-even sales is closest to:

What is the company's overall net operating income if it operates at the break-even points for its two divisions?

What was the absorption costing net operating income last year?

The unit product cost under absorption costing was:

The Western Division's break-even sales is closest to:

Managerial Accounting and Cost Concepts

Least-Squares Regression Computations

Cost of Quality

Job-Order Costing

Activity-Based Absorption Costing

The Predetermined Overhead Rate and Capacity

Process Costing

Fifo Method

Service Department Allocations

Cost-Volume-Profit Relationships

Super-Variable Costing

Activity-Based Costing: a Tool to Aid Decision Making

Abc Action Analysis

Filters