Question 54 0.5 pts Which of the following is NOT one of the three primary responsibilities of management? O Controlling O Directing O Planning O Costing Question 55 For Toyota, which is a direct materials cost with respect to building a Toyota Camry? O Cost of the customer hotline O Depreciation on plant equipment Cost of the vehicle engine Salary of the engineer that rearranges the plant layout Question 56 0.5 pts ABC Manufacturing allocates overhead based on direct labor hours. You are given the following information for 2020 Budget: Budgeted overhead $2,000, budgeted direct labor hours: 1,000 Actual: Actual overhead was $3,000, actual direct labor hours worked: 1,200 Overhead for 2020 was: was $3,000, actual direct lahor hours woded: 1,200 Overhead for 2020 was: Underapplied by $1,000 O Overapplied by $1,000 Underapplied by $600 O Overapplied by $600 Question 57 All of the following is true regarding activity-based-coding except for o Different fobs ar products incur overhead charges differently O Companies that use ABC Casting can better understand how their costs are derived ABC Costing should be used when Spanies face little competition. O Different departments use different amounts of overhead Question 58 0.5 ts Which of the following is NOT a product cost for a shoe manufacturer? Sales commissions O Rent on manufacturing facility O Leather for the shoe Thread for stitching Which of the following is the starting point for the master budget? The sales budget O Budgeted income statement The direct materials budget Combined cash budget Qution 60 For which type of responsibility center would it be appropriate to treasure performance using Return on Investment (ROI)? O Profit Center O Cost Center O Revenue Center Investment Center Question 62 0.5 pts Costs of rework of defective parts or costs of machine downtime for Toyota would be a typical measure of which aspect of the balanced Scorecard? typical measure of which aspect of the balanced Scorecard? O Financial Employee learning and growth o Operational efficiency Customer satisfaction Qution 63 Which of the following accurately describes the cost behavior of a variable cost? O Variable costs per unit increase as units of output increase. O Total variable costs are constant as units of output increase. Variable costs per unit are constant as units of output increase. Total variable costs decrease as units of output increase