Question
Question 16 (1 point) Management accounting refers to accounting information developed for Question 16 options: a) shareholders. b) governmental authorities. c) managers within an organization.
Question 16 (1 point) Management accounting refers to accounting information developed for Question 16 options:
a) shareholders.
b) governmental authorities.
c) managers within an organization.
d) loan officers.
Question 17 (1 point) Wright Company manufactures keyboards in a two-department process, Assembling and Finishing. Information on the first department, Assembly is as follows: Direct materials added $1,400,000 Direct labour 1,920,000 Factory overhead 960,000 Total costs to account for $4,280,000
There was no beginning inventory, and of the 400,000 units started in production 336,000 were completed and transferred to the Finishing department, while 64,000 units were still in process. These units had all materials added but were only 75% complete as far as conversion costs. The equivalent units for conversion costs are Question 17 options:
a) 400,000.
b) 336,000.
c) 384,000.
d) 64,000.
Question 18 (1 point) If the sales price per unit is $10.00, the unit contribution margin is $4.00, and total fixed costs are $20,000, the break-even point in units is Question 18 options:
a) 5,000.
b) 1,429.
c) 2,000.
d) 3,333.
Question 19 (1 point) Which of the following is not part of the Ford Motor company's manufacturing overhead Question 19 options:
a) plant utilities.
b) factory rent.
c) maintenance costs on its regional sales office
d) insurance and property taxes on the plant.
Question 20 (1 point) If the sales price per unit is $17.00, the unit variable cost is $13.50, and the break-even point is 78,000 units, then the total fixed costs are Question 20 options:
a) $105,300.
b) $89,140.
c) $273,000.
d) $156,000
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