please answer correctly

Question 19 (1 point) 7 8 The overall goal of "joint cost" allocation is to ............ 10 11 12 always allocate joint costs based on a mathematical formula 13 always allocate prices based on a mathematical formula 14 15 always allocate joint costs based either on a "physical measure" method or "sales 16 value at splitoff" method 17 18 provide managers with the necessary information to perform their their duties/responsibilities and those of their companyQuestion 4 (1 point) + True or False: "Normal spoilage" costs result from unpredictable machine and/or production system failures.. True False Question 5 (1 point) True or false ... "Separable costs", by definition, in a "joint process" occur after the "splitoff point" True FalseQuestion 7 (1 point) + True or false .... Life-cycle pricing strategies recognize "unit costs" and/or "selling 9 prices" can change in either direction, over the life cycle of a product. True 10 11 12 False 13 14 15 Question 8 (1 point) True or false..... Multinational companies, by their very nature, often operate their divisions in different countries using a "decentralized" management structure. 16 17 18 True FalseO Question 11 (3 points) 8 9 Product "S" is eventually sold for $80,000. It's "separable costs" after the splitoff point are $45,000. Product "T" is eventually sold for $130,000. It's "separable costs" after the splitoff point are $95,000. Using the NRV method how much of the $45,000 joint costs should be allocated to "S" & "T" 11 12 Product S: $10,000 Product T: $35,000 14 15 Product S: $22,500 Product T: $22,500 17 18 Product S: $35,000 Product T: $10,000 none of the listed answers are4 5 6 Question 13 (1 point) + "Tax authorities" prefer the following method in setting Transfer Prices due to its simplicity/verifiability. 7 8 Cost-based 10 11 12 Negotiated 13 14 15 Institutional 16 17 18 Market-basedPage 1: Question 20 (1 point) 2 3 True or false............ "Transfer Price" decisions in Canada must take into account that the provinces do not have the same tax rates 4 5 6 True False 7 8 9 Question 21 (1 point) 10 11 12 A "Balanced Scorecard" approach emphasizes historical oriented measures that contribute to the success of an organization's 13 14 15 strategy 16 17 future oriented measures that contribute to the success of an organization's 18 strategy Onone of the listed answers are correct both historical and future oriented measures that contribute to the success of an organization's strategy O8 9 Question 6 (2 points) Company "X" is a retailer who sells shoes. Given the following data & using the "EOQ model" calculate the EOQ 11 12 me monthly sales: 4,000 pairs purchase order lead time: 8 days days open per year: 365 relevant Purchase Order cost: $189.00 per purchase order 14 15 relevant annual carrying costs: $15.00/ pair stockout costs: $48 per stockout safety stock definitely required 200 pairs 17 18 1,100 pairs 389 pairsQuestion 9 (1 point) 4 UT True or false....Both the United States government (through its Sarbanes-Oxley Act) and the Canadian government (through its Bill 198) have placed greater responsibility on corporate senior management re. ensuring their organizations' 7 8 9 financial statements are accurate/representative. True 10 11 12 False 13 14 15 Question 10 (1 point) True or false........... The presence of "Safety Stock" decreases "Carrying Costs" associated with inventory 16 17 18 True C FalseQuestion 14 (1 point) 10 11 The basic EOQ model is simplistic in that it ignores 12 Oall of the listed answers are correct 13 14 15 Oincremental "ordering costs" can be uncertain 16 17 18 "discounts" related to order size changes in "purchase order lead times"4 6 Question 3 (1 point) + A "decentralized" management structure 8 9 leads to individual managers being mindful of the organization's overall goals/strategy 10 11 12 can result in quicker decision making 13 14 15 leads to individual managers following the organization's accounting procedures 16 17 18 Oreduces duplication of services throughout the organization Question 4 (1 point) True or False: "Normal spoilage" costs result from unpredictable machine and/or production system failures..Question 1 (2 points) Company "X" is a retailer who sells shoes. Given the following data & using the "EOQ model" calculate the reorder point monthly sales: 4,000 pairs purchase order lead time: 8 days days open per year: 365 relevant Purchase Order cost: $189.00 per purchase order relevant annual carrying costs: $15.00 pair stockout costs: $48 per stockout safety stock definitely required: 200 pairs 1,252 952 1,152 1,0528 Question 15 (1 point) 10 11 12 Ideally compensation packages for management......... all of the listed answers are correct 13 14 15 O should be based on both financial and non-financial metrics where applicable 16 17 18 Oshould be based on metrics the manager is in control of should be benchmarked with your com6 Question 12 (1 point) + For companies operating plants in different tax jurisdictions where Transfer Prices are in play, your instructor argued... 8 9 Transfer Pricing decisions are best made by the operating plant 11 12 managers/accountants as they have the "local market expertise" to make the best decision on behalf of the entire company 14 15 Transfer Pricing decisions are best made by head office personnel as they have the "accounting/financial analysis/tax" expertise and are unbiased when it comes to making the best decision on behalf of the entire company 17 18 Transfer Pricing decisions are best made by operating plant managers as they have the "inhouse expertise" to make the best decision on behalf of the entire company6 Question 2 (1 point) + All successful "price setting strategies" must take into account the "3 C's" which are 8 9 Capital, Competitors & Capacity 11 12 Onone of the listed answers are correct Costs, Capacity & Customers 14 15 Costs, Competitors & Customers 17 187 8 19 Question 16 (1 point) The goal of "Supply-Chain Inventory Cost Management" strategy is to ..... 10 11 12 ultimately reduce inventory related costs throughout the entire supply chain 13 14 15 ultimately reduce inventory "carrying costs" throughout the entire supply chain 16 ultimately reduce inventory related costs by retailers 17 18 ultimately reduce inventory "ordering costs" throughout the entire supply chain