managerial Accounting

1. What are "units to account for"? The sum of the beginning inventory units and the number of units transferred out. The sum of the beginning inventory units and the number of units started during the period. J The sum of all units started during the period and units transferred out. d. The sum of beginning and ending inventory units. 2. What is the split off point? A process that yields multiple outputs from a common resource input. A method that uses a physical measure such as pounds, gallons, yards, or units of volume produced at the split-off point to allocate the joint costs to joint products. The point in a joint production process where products are separately identifiable. d. The point in cost allocation that managers decide to split costs. 3. Management Accountants contribute to the capital budgeting process by performing: Linkage of capital investment projects to the organization's Balanced Scorecard (BSC). Conducting post-audits of capital investment decisions. U Generation of relevant cash flow data for investment-analysis purposes, d. Performing sensitivity or "what-if" analysis of proposed capital investments. All of the above. 4. Customers making large contributions to the profitability of the company should: be treated the same as other customers because all customers are important. receive a higher level of attention from the company than less profitable customers, U be charged higher prices for the same products than less profitable customers. d. not be offered the volume-based price discounts offered to less profitable customers