All of these answers are correct D 69) Which one of the following managerial accounting approaches attempts to allocate manufacturing overhead in a more meaningful fashion? A. Activity-based costing. B. Just-in-time inventory. C. Total-quality management D. Theory of constraints. 70) Effectiveness is indicated by _____. A. flexible-budget variances B. static-budget variances C. all of these answers are correct D. sales-activity
variances 71) Efficiency is indicated by _____. A. flexible-budget variances B. static-budget variances C. all of these answers are correct D. sales-activity variances 72) _____ is an important factor considered by sales forecasters. A. Estimates made by the sales force B. Past patterns of sales C. General economic conditions 73) Which of the following does not appear as a separate section on the cash budget? Cash receipts C. Financing D. Capital
expenditures 74) How much sales are required to earn a target net income of $128,000 if total fixed costs are $160,000 and the contribution margin ratio is 40%? A. $648,000. B. $400,000. D. $720,000. 75) At the break-even point of 2,000 units, variable costs are $55,000, and fixed costs are $32,000. How much is the selling price per unit? A. $. B. $. C. Not enough information D. $. 76) How much sales are required to earn a target income of $80,000 if total fixed costs are
$100,000 and the contribution margin ratio is 40%? A. $200,000. B. $300,000. C. $330,000. D. $450,000. 77) At the break-even point of 2,500 units, variable costs are $55,000, and fixed costs are $32,000. How much is the selling price per unit? A. $9.20. B. $. C. $. D. $. https://maxloan.org/payday-loans-tx/ 78) Differences between a job order cost system and a process cost system
include all of the following except the A. point at which costs are totaled. B. flow of costs. C. documents used to track costs. D. unit cost computations. 79) There is no difference between variable-costing and absorption-costing income if there is no_____. A. ending inventory B. variable overhead cost C. beginning inventory D. change in inventory level 80) Identify which statement about “currently attainable standards” is NOT true. A. Because they allow for waste, they usually result in favorable variances. B. Employees usually view these goals as reasonable. C. They allow for normal spoilage and nonproductive time. D. They represent projections of what will probably be attained. 81) Identify which of the following statements about “perfection standards” is true. A. They are expressions of the most efficient performance possible. B. All of these answers are correct C. It is generally believed that they have a negative influence on employee morale. D. They usually result in unfavorable variances. 82) Which statements describe the principal reason(s) why investors and creditors use financial statement analysis? 1. To assess the risks associated with expected returns 2. To establish recommended dividend and interest payments 3. To evaluate top and middle level management 4. To predict the amount of expected returns A. 1 and 4 B. 3 and 4 C. 1 and 2 D. 1, 2, and 3 83) Which of the following statements is incorrect with respect to creditors and equity investors? A. Creditors are concerned with assessing the short term liquidity of a company. B. Creditors are concerned with assessing the long term solvency of a company. C. Both creditors and equity investors are concerned about security prices. D. Equity investors are concerned about dividend payments. 84) _____ are profitability ratios. A. Dividend payout and rate of return in invested capital B. Earnings per share and dividend yield C. Gross profit rate and return on sales D. Price earnings and current ratio Which one of the following managerial accounting approaches attempts to allocate manufacturing overhead in a more meaningful fashion? Don't use plagiarized sources. Get Your Assignment on Which one of the following managerial accounting approaches attempts to allocate manufacturing overhead in a more meanin Just from $13/Page a. Balanced scorecard b. Just-in-time inventory c. Activity-based costing d. Total quality management Type of paper Academic level Approximate price:- Recommended textbook solutions Intermediate Accounting14th EditionDonald E. Kieso, Jerry J. Weygandt, Terry D. Warfield 1,471 solutions
Century 21 Accounting: General Journal11th EditionClaudia Bienias Gilbertson, Debra Gentene, Mark W Lehman 1,009 solutions
Intermediate Accounting, Volume 114th EditionDonald E. Kieso, Jerry J. Weygandt, Terry D. Warfield 1,471 solutions
Financial Management: Theory and Practice14th EditionEugene F. Brigham, Michael C Ehrhardt 263 solutions Which of the following managerial accounting techniques attempts to allocate manufacturing overhead?As Activity-based costing identifies the real cost drivers or activities that has resulted in any manufacturing overhead, they meaningfully allocate these overheads to that specific activity.
Which of the following are managerial accounting techniques?The management accountant uses the technique of marginal costing, differential costing and break even analysis for cost control, decision-making and profit maximisation.
Which one of the following involves coordinating a company's activities to produce a smooth running operation?Directing involves coordinating a company's diverse activities and human resources to produce a smooth-running operation. Controlling keeps the company's activities on track. As a result of the Sarbanes-Oxley Act, managerial accounting reports must now comply with generally accepted accounting principles (GAAP).
What is the major reporting standard for presenting managerial accounting information?Answer and Explanation: Relevance is the major reporting standard for presenting managerial accounting information.
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Which one of the following managerial accounting approaches attempts to allocate manufacturing overhead in a more meaningful fashion?
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