Question
18. For external reporting purposes, U.S. GAAP, requires companies to report their 10K using the _____________format. However, for internal management reporting, the ________________ format can
18. For external reporting purposes, U.S. GAAP, requires companies to report their 10K using the _____________format. However, for internal management reporting, the ________________ format can be used.
goodness of fit, contribution margin
traditional, contribution margin
variable costing, traditional
contribution margin, traditional
21. Which of the following statements is true regarding regression analysis?
Regression analysis considers all of the data points for determining the line that best fits the data so it is usually less accurate than the high-low method.
Regression analysis uses a high low method to determine the R-Square.
Regression analysis can only be used by manufacturing companies to predict costs.
All of the above are true.
32. If the sales price is $20 per unit, the variable cost is $12 per unit, total fixed costs are $12,000, then the contribution margin per unit is
35. Beaver Company manufactures coffee tables and uses an activity-based costing system. Each coffee table consists of 30 separate parts totaling $210 in direct materials, and requires 6.0 hours of machine time to produce. Additional information follows:
Activity | Allocation Base | Cost Allocation Rate |
Materials handling | Number of parts | $3.00 per part |
Machining | Machine hours | $3.50 per machine hour |
Assembling | Number of parts | $1.00 per part |
Packaging | Number of finished units | $6.00 per finished unit |
What is the cost of Materials handling per coffee table?
$90
$30
$13
$12
Please answer them all they are due in a few hours!!!!! Thanks!
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