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DEVRY ACCT 434 Entire Class

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1. Question : (TCO 11)The four cost categories in a cost of quality program are 2. Question : (TCO 11) ________ is a formal means ofdistinguishing between random and nonrandom variation in an operatingprocess. 3. Question : (TCO 11) Which of the following is NOT one of the steps in managingbottlenecks under the theory of constraints? 4. Question : (TCO 11)Scrap is an example of

ACCT 434 Week 7 Quality Control Inventory Management

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1.Question : (TCO 9) To guide cost allocation decisions,the benefits-received criterion 2.Question : (TCO 9) A challenge to using cost-benefit criteria for allocating costs isthat 3.Question : (TCO 9) The MOST likely reason for NOT allocating corporate costs todivisions include that 4.Question : (TCO 9)Identifying homogeneous cost pools

ACCT 434 Week 6 Customer Profitability Capital Budgeting

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1. Question : (TCO 7) Major influences of competitors, costs, and customers on pricing decisions are factors of 2. Question : (TCO 7) The first step in implementing target pricing and target costing is 3. Question : (TCO 7) The markup percentage is usually higher if the cost base used is 4. Question : (TCO 7) An understanding of life-cycle costs can lead to

ACCT 434 Week 5 Pricing Decisions Management Control Systems

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1.Question : (TCO1) ABC systems create 2.Question : (TCO 1) Merriamn Company provides the following ABC costing information: Activities Total Costs Activity-cost drivers Account inquiry hours $400,000 10,000 hours Account billing lines $280,000 4,000,000 lines Account verification accounts $150,000 40,000 accounts Correspondence letters $ 50,000 4,000 letters Total costs $880,000

ACCT 434 Week 4 Midterm Exam

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1. Question : (TCO 3) Dougherty Company employs 20 individuals. Eight employees are paid $12 per hour and the rest are salaried employees paid $3,000 a month. How would total costs of personnel be classified? 2. Question : (TCO 3) For January, the cost components of a picture frame include $0.35 for the glass, $0.65 for the wooden frame, and $0.80 for assembly. The assembly desk and tools cost $400. A total of 1,000 frames is expected to be produced in the coming year.

ACCT 434 Week 3 Cost Behavior Decision Making Quality

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1.Question :(TCO 2) Operating budgets and financial budgets 2.Question :(TCO 2) To gain the benefits of budgeting, ________ must understand and support the budget. 3.Question : (TCO 2) Which budget is not necessary to prepare the budgeted balance sheet? 4.Question :(TCO 2) A feature of a standard-costing system is that the costs of every product or service planned to be worked on during the period can be computed at the start of that period.

ACCT 434 Week 2 Master Budget Flexible Budgets

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Week 1 DQ 1 ABC Journey Week 1 DQ 2 Workout Room Week 2 DQ 1 Flexible versus Static Budgets Week 2 DQ 2 Workout Room Week 3 DQ1 Relevant Costs Week 3 DQ 2 Workout Room Week 4 DQ 1 Accounting for Primary Products Week 4 DQ 2 Workout Room Week 5 DQ 1 Pricing Decision Week 5 DQ 2 Workout Room Week 6 DQ 1 Evaluating Managers Week 6 DQ 2 Workout Room Week 7 DQ 1 Quality and Performance Week 7 DQ 2 Workout Room

ACCT 434 Week 1 to 7 All Discussion Questions

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1. Question : (TCO 1) The average cost data are for In-Sync Fixtures Company's (a retailer) only two product lines, Marblette and Italian Marble. Marblette Italian Marble Purchase volume 20,000 1,000 Purchase cost per unit $50 $250 Shipments received 12 12 Hours used per shipment * 5 3 * These data were accumulated after a careful activity analysis. Currently.

ACCT 434 Week 1 Quiz Activity Based Costing

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CCT 434 Entire Course Advanced Cost Management ACCT 434 Week 1-7 All Discussion Questions ACCT 434 Week 1 Quiz Activity Based Costing ACCT 434 Week 2 Master Budget Flexible Budgets ACCT 434 Week 3 Cost Behavior Decision Making Quality ACCT 434 Week 4 Midterm Exam ACCT 434 Week 5 Pricing Decisions Management Control Systems ACCT 434 Week 6 Customer Profitability Capital Budgeting ACCT 434 Week 7 Quality Control Inventory Management

ACCT 434 Entire Course Advanced Cost Management

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