Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Multiple choice accounting Throughput contribution equals variable costs minus fixed costs revenues minus all direct labor costs revenues minus all direct material cost of goods

Multiple choice accounting
image text in transcribed
Throughput contribution equals variable costs minus fixed costs revenues minus all direct labor costs revenues minus all direct material cost of goods revenues minus manufacturing overhead is based on the level of capacity utilization that satisfies average customer periods generally longer than one year. Practical capacity Theoretical capacity Master-budget capacity utilization Normal capacity utilization Sunk are costs incurred as a result of an investment position costs that is the sum of all costs in a particular business function of the value chain the contributions to operating income that is forgone by not using a limited resource in its next alternative use costs that are unavoidable and cannot be changed no matter what action is taken When deciding to accept a one-time-only special order from a wholesaler, management should consider the sunk costs and opportunity costs not consider the special order's impact on future prices of their products determine whether excess capacity is available verify past design costs for the product Full costs of a product are the sum of fixed costs and sunk costs in all the business functions of the value chain variable costs and sunk costs in all the business functions of the value chain all variable and fixed costs in all the business functions of the value chain fixed costs, variable costs, and sunk costs in the value chain. Which of the following is an example of insourcing? a pharmaceutical company's research team developing a new patent using current resources a Smartphone manufacturing company factoring its receivable as a source of capital a large conglomerate company selling a business wing to its competitor a petrochemical company assigning a vendor to make software for its supply chain management Schmidt Sewing Company incorporates the survives of Deb's Sewing. Schmidt purchases pre-cut dresses from Deb's. This is primarily known is in sourcing outsourcing fragmentation in-housing Deterring which products should be produced when the plant to operating a full capacity is

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

TS 16949 Insights From A Third Party Auditor With A Process Approach Audit Checklist

Authors: Karen Welch

1st Edition

0873896548, 978-0873896542

More Books

Students also viewed these Accounting questions

Question

3. Define the roles individuals play in a group

Answered: 1 week ago