Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help in these all mcq please help 1. Costs that do not differ between alternatives a. Irrelevant costs b) Sunk Costs C. Cost-plus pricing

please help in these all mcq please help
image text in transcribed
1. Costs that do not differ between alternatives a. Irrelevant costs b) Sunk Costs C. Cost-plus pricing d. Target costing 2. Pricing that starts with an ideal selling price, then targets costs that will ensure that the price is met a. Target costing b. Cost-plus pricing C. Irrelevant costs d. Sunk Cost 3. The trial balance of Clooney Company had accounts with the following normal balances: Cash $5,000, Revenue $85,000, Salaries Payable $4,000, Salaries Expense $40,000, Rent Expense $10,000, Clooney, Capital $42,000; Clooney, Drawing $15,000; Equipment $61,000. In preparing a trial balance, the total in the debit column is: a. $131,000. b. $216,000 $116,000 d. $91,000. 4. Cost-volume-profit analysis is the study of the effects of a changes in costs and volume on a company's profit. b. cost, volume, and profit on the cash budget. C. cost, volume, and profit on various ratios. d. changes in costs and volume on a company's profitability ratios. a. 5. Is simply a cost that is relevant to the decision being made? A Relevant cost b. Cost-plus pricing C. Irrelevant costs d. Sunk Cost

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

Active Auditing A Practical Guide To Lean And Agile Auditing

Authors: Prescott Coleman, Sandy Kasahara

1st Edition

1092839305, 978-1092839303

More Books

Students also viewed these Accounting questions