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Question 4 (1 point) Equivalent Unit calculations are an attempt Oto accurately calculate mixed costs Oto accurately calculate fixed costs Oto accurately calculate unit costs
Question 4 (1 point) "Equivalent Unit" calculations are an attempt Oto accurately calculate mixed costs Oto accurately calculate fixed costs Oto accurately calculate unit costs Onone of the listed answers are correct Question 5 (1 point) The "Incremental Revenue Allocation Method" allocates bundled revenues to individual products/services based on strictly a unit-based system strictly a revenue-based system a ranking system strictly a cost-based system Question 6 (1 point) "Joint Costs" are defined as those costs incurred after the "Splitoff Point" True False Question 7 (2 points) The ultimate purpose of "Customer ABC Analysis" as discussed in Chapter 16 is to allocate bundled costs to individual customers allocate bundled revenues to individual customers accurately access the profitability of individual customers allocate "facility/corporate sustaining costs" to individual customers Question 8 (2 points) Your company mass produces one model of a dining room table. For the month of June, there was no beginning inventory of tables. At the end of June you had 58 tables fully completed, and 63 that were 50%.completed as far as labour input was concerned. Your labour costs for June totalled $123,000. For the month of June, your unit labour costs were $1,017 $1,108 $2.121 O $1,374 Question 9 (3 points) Company "K" budgeted sales of 5,000 units and a total market size of 100,000 units for the month of June. It actually achieved sales of 6,000 units, and estimates the total market size actually was 120,000 units in June. The budgeted contribution margin was $10 per unit. Calculate the "market share" and "market-size variances for the month of June O market share variance $1,000 U market share variance $10,000 F market share variance $10,000 F market-size variance $10,000 F market-size variance $0 market-size variance $10,000 F market-share variance $0 market-size variance $10.000 F
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