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hello, I need help , you can find the questions in the attached file Thank you 1- In engineering analysis, cost analysts estimate cost functions
hello,
I need help , you can find the questions in the attached file
Thank you
1- In engineering analysis, cost analysts estimate cost functions using ________. o advice of management consultants o accounting and industrial engineering literature o past experience and experiments with prototypes o all of the above 2- Sandler Company has identified the following activities related to indirect production costs: Using activity minusbased costing, what amount of electric power cost is assigned to Product A and Product B? 3- When allocating indirect production costs to cost objects, most costminusallocation bases are ________. o o o o cost drivers assigned to a cost object traced to the cost object accumulated for a cost object 4- Which of the following is an example of using cost information for operational control? o selection of valueminuschain function to emphasize in corporate mission o determination of Cost of Goods Sold for the income statement o .identification of capital assets to acquire for expansion purposes o .evaluation of process improvement efforts in a manufacturing process 5- Indirect production costs do NOT include ________. o o o o property taxes on factory building rent expense on factory building wages of forklift truck operators in assembly area wages of security guards at corporate headquarters 6- Any event that affects the financial position of an organization and requires recording is called a(n) ________. o Posting o Account o Transaction o recognition principle 7- On May 1, Gonzalez Company paid $36,000 for rent. The rent covers the period May 1 through August 31. Gonzalez Company recorded Prepaid Rent of $36,000. What is the Rent Expense for the period, May 1 through June 30? 8- Unsecured debt holders are creditors who have ________. o a general claim against fixed assets only o a specific claim against particular assets o a general claim against total assets o a specific claim against fixed assets only 9- On a classified balance sheet, the Equipment account is reduced by ________. o Depreciation Expense o Allowance for Bad Debts o Allowance for Doubtful Accounts o Accumulated Depreciation 10- 11Step by Step Solution
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