Mainly #3, 1&2 are very simple tho if you don't mind giving them a look!

1. A business "value chain" a. uses links made of precious metals. is the sequence of business functions in which customer usefulness is added to products or services. c. applies only to manufacturing companies. d. is not relevant in today's cost accounting environment. 2. Galway Co. management desires cost information regarding its Celtic product line. In this case, the Celtic product line, then, would be a(n) a. cost object b. cost driver. c. product line likely to be axed d. actual cost 3. What is the most probable total fixed cost, for 2015, of the shipping department of Elaine Co. if it has the following data for 2015? Compensation salary $600,000 Compensation bonus possible $200,000 $400,000 depending on size of item(s) shipped Packaging $500,000 depending on weight of item(s) shipped Postage $250,000 annual lease Rent of warehouse space a. $1,050,000 b. $1,950,000 c. 850,000 d. 250,000