managerial accounting.

2 multiple choice answers

Your Mac wil slee into a power outle Question 17 1 pts A clothing manufacture budgets sales of 12,000 men's suits in September. Production of each suite requires three yards of fabric. Management wants to have 2,000 yards of fabric in inventory at the end of the month to prepare for the next month's production. Beginning fabric inventory for September is 1,500 yards of fabric. What is the budgeted cost of fabric for September assuming that the average cost per yard of fabric is $75. $937.500. $2,737,500. $2.962,500 $900,000 $2,701,500 1 pts Question 18 The sales budget is a component of the capital expenditures budget. True False Question 20 1 pts Total cost variances can be broken down into price and quantity variances to direct management's attention to those responsible for quantities used and prices paid. True False Question 21 1 pts The formula for the labor quantity (or efficiency) variance is (Actual Hours x Actual Rate) - (Actual Hours x Standard Rate). (Actual Hours x Standard Rate) - (Standard Hours x Standard Rate) (Standard Hours x Actual Rate) - (Standard Hours x Standard Rate) None of the above are correct. False Question 24 1 pts Which of the following would not be a variance that would be highlighted through standard costing? Direct labor increases Income tax rate increases Excess overtime hours Variable overhead cost reductions Materials price increases. D Question 25 1 pts . canvas.butte.edu/courses/17842/quizzes/83037/take Low Battery Your Mac will see som me a power our et D Question 39 1 pts Only unfavorable variances are analyzed to determine the possible cause of the deviation from the budgeted amount True - False 1 pts Question 40 Flexible budgets make it possible to compare budgeted costs and actual costs even if the expected production differs from the actual production True Falsen 1 pts Question 41 A cost that is uncontrollable for one manager may be controllable for another manager True