Whichofthefollowingmanagersisheldaccountablefortheunit'sprofitandinvestedcapital?

Select one:

Revenue centre manager

Sales manager

Profit centre manager

Investment centre manager

Anopportunitycostcanbestbedescribedasthe:

Select one:

total difference in cost of production between two divisions.

direct expenses incurred in producing goods.

the benefit that is forgone for onealternative in order to pursue another alternative.

pricing of goods as per market trends.

Theamountchargedwhenonebusinessunitsellsgoodsorservicestoanotherbusinessunitiscalled:

Select one:

a residual price

anopportunitycost.

atransfer price.

a standard variable cost

Whichofthefollowingwouldbeconsideredanadvantageofagroupscheme?

Select one:

Individual identification

Rewarding only good performers

Competitiveness between employees

Equity among employees

One of the disadvantages of return on investment is that:

Select one:

it does not enable comparison ofinvestment centres of differentsizes.

it focuses on profit only and disregards the cost of the assets.

it focuses only on long-termperformance.

it may discourage managers from investing in profitable projects.

HarrisdivisionofMelbourneEnterpriseshasnegativeresidualincomeof$540000.Harris division'smanagementisconsideringaninvestmentopportunitythatwillreducethisnegativeamountto$400,000.Theinvestment:

Select one:

should not be pursued because it is unattractive from a divisional perspective although it is attractive from a corporate perspective.

should be pursued because it is attractive from divisional and corporate perspectives.

should be pursued because it is attractive from a corporate perspective, although not from a divisional perspective.

should be pursued because it is attractive from a divisional perspective although not from a corporate perspective.

Bellissima Make-up ArtistLtdmakestwoproducts:Lipstickand compact powder.Operatinginformationfromthepreviousyearis:

Lipstick

Compact powder

Sales price per unit

$7.00

$10.00

Variable cost per unit

$4.00

$8.00

Units produced and sold

5,000

4,000

Machine hours used

5,000

2,000

Fixedcostsof$20,000peryeararepresentlyallocatedevenlybetweenbothproducts.Iftheproductmixweretochange,totalfixedcostswouldremainthesame.Assumingeverythingproducedforeitherproductcanbesold,howmanyunitsofeachproductshouldbeproducedandsoldifmachinehoursarelimitedto10,000?

Select one:

Lipstick5,000 unitsCompact Powder10,000 units

Lipstick10,000 unitsCompact Powder0 unit

Lipstick8,000 unitsCompact Powder4,000 units

Lipstick0 unitCompact Powder20,000 units

Bellissima Make-up ArtistsLtdmakestwoproducts:Lipstickand compact powder.Operatinginformationfromthepreviousyearis:

Lipstick

Compact powder

Sales price per unit

$7.00

$10.00

Variable cost per unit

$4.00

$8.00

Units produced and sold

5,000

4,000

Machine hours used

5,000

2,000

Fixedcostsof$20000peryeararepresentlyallocatedevenlybetweenbothproducts.Iftheproductmixweretochange,totalfixedcostswouldremainthesame.Calculatethecontributionmarginpermachinehourforcompact powder.

Select one:

$4.00

$2.00

$0.25

$3.00

TheBostonCompanymanufacturesofficeequipment.Theyarereadytointroduceanewlineofdesktopcopiers.Thefollowingdataconcernsthecopiers:

Variablemanufacturingcost $180

Appliedfixedmanufacturingcost $ 90

Variablesellingandadministrativecost $ 60

Allocatedfixedsellingandadministrativecost $ 75

Ifthecompanyusescost-pluspricingbasedonfullcost,whatpricemustthecompanychargewhenthemark-uppercentageis40percent?

Select one:

$462

$513

$567

$600

Which one of this is not part of the characteristics of relevant information:

Select one:

Quantitative vs qualitative

Is different under competing courses of action

Timeliness vs accuracy

Past information

In identifying relevant costs and benefits, sunk costs are:

Select one:

Costs that already been incurred and irrelevant to any future decisions.

The additional costs that arise from choosing one course of action over another.

Those incremental costs that will be incurred if a particular course of action is selected.

The potential benefit give up when the choice of one action precludes a different action

Whichofthefollowingstatementsisfalse?

Select one:

JIT involves eliminating non-value-added activities.

One feature of JIT production is demand-pull.

Just-in-time (JIT) is limited to manufacturing firms.

Downstream workstations are the driving force of JIT production.

The following dates apply to a specific order processed byNewton Ltd:

Order placed 1 April

Order received 5 April

Production commenced 12 April

Order completed 15 April

Order delivered to customer18 April

What is the production lead time?

Select one:

7 days

10 days

12 days

4 days

Reportstostakeholdersofafirm'sperformanceonenvironmentalandsocialissues(sustainability)arecalled:

Select one:

Triple bottom line reports

Social audits

Environmental reports

All of the given answers

From the following list, calculate the total environmental external failure costs?

Auditing environmental risks

$25 000

Auditing supplier performance

$50 000

Employee medical costs following a chemical spillage

$5000

Fines for environmental demage

$20 000

Cost of cleaning up plant following a leakage

$30 000

Costs to reduce pollutants during manufacture

$ 100 000

Cost of employee training

$50 000

Depreciation of testing equipment

$20 000

Cost of supplies used in testing and monitoring

$10 000

Estimated lost sales revenue

$ 500 000

Cost of occupational health and safety claims

$10 000

Cost of cleaning up polluted sites

$ 100 000

Select one:

$600,000

$660,000

$620,000

$650,000