Which of the following is FALSE regarding special orders A All costs associated with making the product need to be evaluated B A special order is a one time order outside of normal operations C Only incremental costs and revenues need to be evaluated D Fixed costs should be ignored Budgeted direct labor hours for quarter 1 total 3,700 hours Employees are paid $10 per hour The variable overhead rate is $0 30 per direct labor hour Fixed overhead totals $1,500, and of that, $300 is depreciation What are cash disbursements for manufacturing overhead for quarter 1 A $1,110 B $46,710 C $2,610 D $2,310 Maroon Co budgets sales for quarter 1 to be 600 units and quarter 2 to be 500 units If Maroon Co wants to have 20 of next quarter's sales in finished goods the quarter before they are needed, and at the start of quarter 1, there are 120 units in finished goods, what is the required production for quarter 1 A 600 units B 700 units C 580 units D 480 units At the beginning of quarter 1, customers owe Charcoal Co $10,000 In the first quarter, Charcoal Co budgets to sell 30,000 units at a selling price of $1 50 each If Charcoal Co collects 70 of cash for sales in the quarter in which the sale was made and 30 in the following quarter, what are cash collections for quarter 1 A $31,500 B $41,500 C $23,500 D $45,000 The break even point is all of the following except A The point where sales variable costs fixed costs equals zero B The point where net operating income is zero C The point where contribution margin equals D The point where contribution margin and fixed expenses are equal Which of the following could NOT be considered a Conversion Cost A Direct Materials B Direct Labor C Manufacturing Overhead D Both A and B Which of the following is NOT a product cost A Direct Materials B Direct Labor C Manufacturing Overhead D Sales Commissions

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Which of the following is FALSE regarding special orders? A. All costs associated with making the product need to be evaluated. B. A special order

Which of the following is FALSE regarding special orders?

A. All costs associated with making the product need to be evaluated.
B. A special order is a one-time order outside of normal operations.
C. Only incremental costs and revenues need to be evaluated.
D. Fixed costs should be ignored.

Budgeted direct labor hours for quarter 1 total 3,700 hours. Employees are paid $10 per hour. The variable overhead rate is $0.30 per direct labor hour. Fixed overhead totals $1,500, and of that, $300 is depreciation. What are cash disbursements for manufacturing overhead for quarter 1?

A. $1,110
B. $46,710
C. $2,610
D. $2,310

Maroon Co. budgets sales for quarter 1 to be 600 units and quarter 2 to be 500 units. If Maroon Co. wants to have 20% of next quarter's sales in finished goods the quarter before they are needed, and at the start of quarter 1, there are 120 units in finished goods, what is the required production for quarter 1?

A. 600 units
B. 700 units
C. 580 units
D. 480 units

At the beginning of quarter 1, customers owe Charcoal Co. $10,000. In the first quarter, Charcoal Co. budgets to sell 30,000 units at a selling price of $1.50 each. If Charcoal Co. collects 70% of cash for sales in the quarter in which the sale was made and 30% in the following quarter, what are cash collections for quarter 1?