SU 1. Consider the following statements: 1. Segment margin is a segment's contribution margin less its traceable fixed costs. II. Accountable fixed cost refers to fixed cost that supports more than one business segment, but is not traceable in whole or in part to any one of the business segments. a. I is true;ll is true b. lis true: Il is false c. lis false all is true d. I is false till is false 2. Consider the following statements: 1. Under absorption costing, the profit for a period is affected by a change in the number of units of finished goods in inventory. II. When the number of units in finished goods inventories decrease, absorption costing net operating income will typically be smaller than variable costing net operating income. a. I is true: ll is true b. I is true: _ll is false I c. I is false; Il is true d. lis false all is false 3. A company produces a single product. Variable production costs are $10 per unit and variable selling and administrative expenses are $5 per unit. Fixed Manufacturing Overhead totals $36,000 and fixed Selling and Administrative Costs total $40,000. Assuming a beginning inventory of zero, normal production of 4,000 units and sales of 3,600 units, the dollar value of the ending inventory under variable costing would be: a. $3,600 c. $7,600 b. $4,000 d. $11,600 e. None of the above. The answer is 4. Beau Corporation has two divisions: East Division and West Division. The corporation's net operating income is $165,000. The East Division's divisional segment margin is $225,000 and the West Division's divisional segment margin is $15,000. What is the amount of common fixed expense not traceable to the individual divisions? a. $ 90,000 b. $ 75,000 C. $ 60,000 d. $ 45,000 e. None of the above. The answer is