PLEASE PROVIDE THE ANSWER FOR ALL OF THE MQ DON'T 1-4 IF YOU CAN PROVIDE 1-10. THANK YOU.

1=Which of the following would be included in the cost of a product manufactured according to variable costing? a. office supply costs b. direct materials c. sales commissions d. interest expense

2=Under variable costing, which of the following costs would be included in finished goods inventory? a. neither variable nor fixed factory overhead cost b. only fixed factory overhead cost c. only variable factory overhead cost d. both variable and fixed factory overhead cost 3=The level of inventory of a manufactured product has increased by 4,000 units during a period. The following data are also available: Variable Fixed Unit manufacturing costs of the period $22.00 $11.00 Unit operating expenses of the period 7.00 5.00 What would be the effect on income from operations if absorption costing is used rather than variable costing? a. $64,000 increase b. $44,000 increase c. $64,000 decrease d. $44,000 decrease

4=Which of the following would not be an appropriate activity base for cost analysis in a service firm? a. lawns mowed b. haircuts given c. customers served d. inventory produced

5=The level of inventory of a manufactured product has increased by 7,209 units during a period. The following data are also available: Variable Fixed Unit manufacturing costs of the period $12 $6 Unit operating expenses of the period $1 $2 What would be the effect on income from operations if absorption costing is used rather than variable costing? a. $43,254 decrease b. $43,254 increase c. $57,672 increase d. $57,672 decrease

6=In contribution margin analysis, the unit price or unit cost factor is computed as: a. the difference between the actual quantity sold and the planned quantity sold, multiplied by the actual unit sales price or unit cost b. the difference between the actual unit price or unit cost and the planned unit price or cost, multiplied by the planned quantity sold c. the difference between the actual unit price or unit cost and the planned unit price or cost, multiplied by the actual quantity sold d. the difference between the actual quantity sold and the planned quantity sold, multiplied by the planned unit sales price or unit cost

7=It would be acceptable to have the selling price of a product just above the variable costs and expenses of making and selling it in: a. the short run b. the long run c. both the short run and long run d. neither in the short run nor the long run

8=If variable cost of goods sold totaled $90,000 for the year (18,000 units at $5.00 each) and the planned variable cost of goods sold totaled $86,400 (16,000 units at $5.40 each), the effect of the unit cost factor on the change in contribution margin is: a. $7,200 increase b. $7,200 decrease c. $6,400 decrease d. $6,400 increase

9=The relative distribution of sales among various products sold is referred to as the: a. profit mix b. joint product mix c. by-product mix d. sales mix

10=

The level of inventory of a manufactured product has increased by 7,000 units during a period. The following data are also available:

	Variable	Fixed
Unit manufacturing costs of the period	$12.00	$6.00
Unit operating expenses of the period	4.00	1.50

What would be the effect on income from operations if absorption costing is used rather than variable costing?

a.$52,500 increase

b.$42,000 decrease

c.$52,500 decrease

d.$42,000 increase