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Please answer all the questions!! costs incurred prior to the split-off point are a. Separable costs referred to as b. Split-off costs c. Joint product

Please answer all the questions!! image text in transcribed
costs incurred prior to the split-off point are a. Separable costs referred to as b. Split-off costs c. Joint product costs d. Joint costs 11. The absorption-cost is reasons excepotapproch is used by most companies for all of the following ation is readily provided by a company's cost accounting system b. Absorption cost provides the most defensible bases for justifying prices to interested parties c. B managers to set too low a asing prices on only variable costs could encourage price to boost sales is approach is more consistent with cost-volume profit analysis approach is more consistent with cost-volume-profit ana 12. The negotiated transfer price approach should be used when a. The selli ng division has available capacity and is willing to accept less than the market price b. An outside market for the goods does not exist No market price is available d. Any of these situations exist C. 13. Which of the following is consistent with generally accepted accounting principles? a. Absorption-cost approach b. Contribution approach c. Variable-cost approach Both absorption-cost and contribution approach d. 14. When using cost-plus pricing, which amount per unit does not change when the expected volume differs from the budgeted volume? a. Variable cost b. Fixed cost c. Desired ROI Target selling price d

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