Answered step by step
Verified Expert Solution
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
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
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started