33 views

Uploaded by Berthahrobinson

ACCT 505 Week 8 Final Exam (Version 2)
Purchase here
https://sellfy.com/p/yMXy
Product Description
1. A good example of a common cost which normally could not be assigned to products on a segmented income statement except on an arbitrary basis would be:
2. Turnover is computed by dividing average operating assets into:
3. A segment of a business responsible for both revenues and expenses would be called:
4. All other things being equal, if a division's traceable fixed expenses increase:
5. In computing the margin in a ROI analysis, which of the following is used?
6. Net operating income is defined as:
7. Suppose a manager is to be measured by residual income. Which of the following will not result in an increase in the residual income figure for this manager, assuming other factors remain constant?
8. During April, Division D of Carney Company had a segment margin ratio of 15%, a variable expense ratio of 60% of sales, and traceable fixed expenses of $15,000. Division D's sales were closest to:
9. Cable Company had the following results for the year just ended:
10. The segment margin ratio in Store J was:
11. Company A's residual income is:
12. Company A's return on investment (ROI) is:
13. If South wants a residual income of $50,000 and the minimum required rate of return is 10%, the annual turnover will have to be:
14. How much is the return on the investment?
15. Consider a decision facing a firm of either accepting or rejecting a special offer for one of its products. A cost that is not relevant is:
16. A study has been conducted to determine if Product A should be dropped. Sales of the product total $200,000 per year; variable expenses total $140,000 per year. Fixed expenses charged to the product total $90,000 per year. The company estimates that $40,000 of these fixed expenses will continue even if the product is dropped. These data indicate that if Product A is dropped, the company's overall net operating income would:
17. Manor Company plans to discontinue a department that has a contribution margin of $24,000 and $48,000 in fixed costs. Of the fixed costs, $21,000 cannot be avoided. The effect of this discontinuance on Manor's overall net operating income would be a(an):
18. Manor Company plans to discontinue a department that has a contribution margin of $25,000 and $50,000 in fixed costs. Of the fixed costs, $21,000 cannot be eliminated. The effect on the profit of Manor Company of discontinuing this department would be:
19. Green Company produces 1,000 parts per year, which are used in the assembly of one of its products. The unit product cost of these parts is:
20. Pitkin Company produces a part used in the manufacture of one of its products. The unit product cost of the part is $33, computed as follows:
21. Cardinal Company needs 20,000 units of a certain part to use in one of its products. The following information is available:
22. Products A, B, and C are produced from a single raw material input. The raw material costs $90,000, from which 5,000 units of A, 10,000 units of B, and 15,000 units of C can be produced each period. Product A can be sold at the split-off point for $2 per unit, or it can be processed further at a cost of $12,500 and then sold for $5 per unit. Product A should be:
23. The sunk cost in this situation is:
24. How much of the unit product cost of $59.90 is relevant in the decision of whether to make or buy the part?
25. If direct labor-hours is the company's production constraint, then the three products should be produced in the order:
26. If Austin chooses to produce 4,000 afghans each month, the change in the monthly net operating income as compared to selling 4,000 spindles of yarn is:
27. What is the lowest price Austin should be willing to accept for one afghan as long as it can sell spindles of yarn to the outside market for $12 each?
28. (Ignore income taxes in this problem.) How is depreciation handled by the following capit

save

- Annual Report Analysis of SRF Ltd
- Int Report Sree
- Before PM
- Fm Project
- Management Control System
- Chapter 10
- Fin 101
- ch09
- Financial Aspects of Brands
- Chap 012
- Chap
- PEL NEW
- Financial Shenanigans
- CA ARPITAicds_short_notes_for_ipce.pdf
- Presentation [Company Update]
- US Treasury: January2006Monthly
- Marico_sc
- segment-reporting.doc
- KKCase
- Roe to Cfroi Greg Collett,Cfa 3.10.12
- COPA Process Step
- Financial Ratio Analysis
- 10000001172
- Weygandt Managerial 6e SM Release to Printer Ch10
- California Tax Board: AB156 042699
- Final Proyect Arepas Colombianas
- COEB442_Sem_2_2015-2016 revision
- Director
- corpfin019feas06
- Silver River Full Report
- formulario TRIFASICO.pdf
- APRU Change of Legal Name
- 3.2. Ikatan Kimia_Supplement
- SCTV Surabaya
- 5 Bab i Pendahuluan
- Analisis Dimensionl Para El Plano
- An overview of general features of risk assessments of genetically modified crops.pdf
- 250890983-contoh-sk-kepala-sekolah-tentang-penilaian-PKG.docx
- Template Para Pauta de E-book
- Gestion Publica-2009.pdf
- El tren nocturno de la Via Lactea - Kenji Miyazawa.pdf
- Ex Amen Nnnnnnn Nnnnnnnnn
- IJET-V3I2P15
- CSC Division Chief
- deuda13.pdf
- PMK_No._11_ttg_Keselamatan_Pasien_.pdf
- S_labo_de_Cirug_a_I_2017_-_I.docx2142600931
- Ejercicios 04 - Libro
- BIOHEMIJSKA LABORATORIJA
- Kesehatan Ibu Dan Anak
- cover letter
- MenadzmentOdrzavanja.pdf
- Resistin Fizz3 Expression in Relation to Obesity
- AUBERT Modlidades de Tradução.pdf
- Digestive system.docx
- Hojas Verdes
- 01.Geumgang-2.pdf
- LICENSE.txt
- soia
- Cara Buattt Macroo
- BIS 155 All Quizzes Week 1 - 5
- BSOP 434 All Quizzes (Week 3 Plus Week 6)
- ACCT 505 Final Exam (Package)
- ACCT 505 Midterm Exam (Package)
- BSOP 434 Week 8 Final Exam - Version 2
- BSOP 334 Week 8 Final Exam
- ACCT 553 Federal Taxes and Management
- BSOP 434 Week 8 Final Exam - Package
- BIS 245 Week 8 Final Exam
- ACCT 344 All Quizzes
- ACCT 344 Homework Week 1, 2, 3, 5, 6
- ACCT 344 Week 8 Final Exam
- ACCT 346 Week 4 Midterm 2 (Devry)
- ACCT 301 Week 4 Midterm Package - 3 Different Set
- ACCT 301 Essential of Accounting
- ACCT 346 Week 8 Final Exam
- ACCT 346 Week 4 Midterm 1 (Devry)

You are on page 1of 9

)

Purchase here

https://sellfy.com/p/yMXy

Product Description

1.

A good example of a common cost

which normally could not be assigned to

products on a segmented income statement

except on an arbitrary basis would be:

2.

Turnover is computed by dividing

average operating assets into:

3.

A segment of a business responsible for

both revenues and expenses would be

called:

4.

All other things being equal, if a

division's traceable fixed expenses

increase:

5.

In computing the margin in a ROI

analysis, which of the following is used?

6.

Net operating income is defined as:

7.

Suppose a manager is to be measured

by residual income. Which of the following

will not result in an increase in the residual

income figure for this manager, assuming

other factors remain constant?

8.

During April, Division D of Carney

Company had a segment margin ratio of

15%, a variable expense ratio of 60% of

**sales, and traceable fixed expenses of
**

$15,000. Division D's sales were closest to:

9.

Cable Company had the following results

for the year just ended:

10. The segment margin ratio in Store J was:

11. Company A's residual income is:

12. Company A's return on investment (ROI)

is:

13. If South wants a residual income of

$50,000 and the minimum required rate of

return is 10%, the annual turnover will have

to be:

14. How much is the return on the

investment?

15. Consider a decision facing a firm of

either accepting or rejecting a special offer

for one of its products. A cost that is not

relevant is:

16. A study has been conducted to

determine if Product A should be dropped.

**Sales of the product total $200,000 per
**

year; variable expenses total $140,000 per

year. Fixed expenses charged to the product

total $90,000 per year. The company

estimates that $40,000 of these fixed

expenses will continue even if the product

is dropped. These data indicate that if

Product A is dropped, the company's overall

net operating income would:

17. Manor Company plans to discontinue a

department that has a contribution margin

of $24,000 and $48,000 in fixed costs. Of

the fixed costs, $21,000 cannot be avoided.

The effect of this discontinuance on Manor's

overall net operating income would be

a(an):

18. Manor Company plans to discontinue a

department that has a contribution margin

of $25,000 and $50,000 in fixed costs. Of

the fixed costs, $21,000 cannot be

**eliminated. The effect on the profit of Manor
**

Company of discontinuing this department

would be:

19. Green Company produces 1,000 parts

per year, which are used in the assembly of

one of its products. The unit product cost of

these parts is:

20. Pitkin Company produces a part used in

the manufacture of one of its products. The

unit product cost of the part is $33,

computed as follows:

21. Cardinal Company needs 20,000 units of

a certain part to use in one of its products.

The following information is available:

22. Products A, B, and C are produced from

a single raw material input. The raw

material costs $90,000, from which 5,000

units of A, 10,000 units of B, and 15,000

units of C can be produced each period.

Product A can be sold at the split-off point

**for $2 per unit, or it can be processed
**

further at a cost of $12,500 and then sold

for $5 per unit. Product A should be:

23. The sunk cost in this situation is:

24. How much of the unit product cost of

$59.90 is relevant in the decision of

whether to make or buy the part?

25. If direct labor-hours is the company's

production constraint, then the three

products should be produced in the order:

26. If Austin chooses to produce 4,000

afghans each month, the change in the

monthly net operating income as compared

to selling 4,000 spindles of yarn is:

27. What is the lowest price Austin should

be willing to accept for one afghan as long

as it can sell spindles of yarn to the outside

market for $12 each?

**28. (Ignore income taxes in this problem.)
**

How is depreciation handled by the

following capital budgeting techniques?

29. The payback method measures:

30. The evaluation of an investment having

uneven cash flows using the payback

method:

31. If the net present value of a project is

zero based on a discount rate of sixteen

percent, then the time-adjusted rate of

return:

32. (Ignore income taxes in this problem.) A

company with $800,000 in operating assets

is considering the purchase of a machine

that costs $75,000 and which is expected to

reduce operating costs by $20,000 each

year. The payback period for this machine

in years is closest to:

33. (Ignore income taxes in this problem.)

Denny Corporation is considering replacing

**a technologically obsolete machine with a
**

new state-of-the-art numerically controlled

machine. The new machine would cost

$450,000 and would have a ten-year useful

life. Unfortunately, the new machine would

have no salvage value. The new machine

would cost $20,000 per year to operate and

maintain, but would save $100,000 per year

in labor and other costs. The old machine

can be sold now for scrap for $50,000. The

simple rate of return on the new machine is

closest to:

34. Perkins Company is considering several

investment proposals, as shown below:

35. (Ignore income taxes in this problem.)

The following data pertain to an investment

proposal:

36. (Ignore income taxes in this problem.)

Sam Weller is thinking of investing $70,000

to start a bookstore. Sam plans to withdraw

**$15,000 from the business at the end of
**

each year for the next five years. At the end

of the fifth year, Sam plans to sell the

business for $110,000 cash. At a 12%

discount rate, what is the net present value

of the investment?

37. The immediate cash outflow required for

this project would be:

38. The present value of all future operating

cash inflows is closest to:

39. The present value of the net cash flows

(all cash inflows less all cash outflows)

occurring during year 4 is:

40. The present value of the net cash flows

(all cash inflows less all cash outflows)

occurring during year 6 is closest to:

1.

- Annual Report Analysis of SRF LtdUploaded byHimanshu Patel
- Int Report SreeUploaded bysreejithnair611
- Before PMUploaded byTiffany Ling
- Fm ProjectUploaded byamit22889
- Management Control SystemUploaded byManohar Prasad
- Chapter 10Uploaded byAvreile Rabena
- Fin 101Uploaded bySabila Muntaha Tushi
- ch09Uploaded byMuzzamil Usman
- Financial Aspects of BrandsUploaded byHitesh Jogani
- Chap 012Uploaded byiamnumberfour
- ChapUploaded byJamie Bagundol
- PEL NEWUploaded byFahad Mehmood
- Financial ShenanigansUploaded bylordrai
- CA ARPITAicds_short_notes_for_ipce.pdfUploaded bymanikanta
- Presentation [Company Update]Uploaded byShyam Sunder
- US Treasury: January2006MonthlyUploaded byTreasury
- Marico_scUploaded bynayana
- segment-reporting.docUploaded byMiko jake palis
- KKCaseUploaded bychenb2008
- Roe to Cfroi Greg Collett,Cfa 3.10.12Uploaded bymaxbg91
- COPA Process StepUploaded byTrinath Gujari
- Financial Ratio AnalysisUploaded byMagnalia Felly
- 10000001172Uploaded byChapter 11 Dockets
- Weygandt Managerial 6e SM Release to Printer Ch10Uploaded byDave Aguila
- California Tax Board: AB156 042699Uploaded byTaxman
- Final Proyect Arepas ColombianasUploaded byAlexander Gómez Alfaro
- COEB442_Sem_2_2015-2016 revisionUploaded byNirmal Chandra
- DirectorUploaded byprateek_ahuja_3
- corpfin019feas06Uploaded byRasool Asif
- Silver River Full ReportUploaded byPadam Shrestha

- BIS 155 All Quizzes Week 1 - 5Uploaded byBerthahrobinson
- BSOP 434 All Quizzes (Week 3 Plus Week 6)Uploaded byBerthahrobinson
- ACCT 505 Final Exam (Package)Uploaded byBerthahrobinson
- ACCT 505 Midterm Exam (Package)Uploaded byBerthahrobinson
- BSOP 434 Week 8 Final Exam - Version 2Uploaded byBerthahrobinson
- BSOP 334 Week 8 Final ExamUploaded byBerthahrobinson
- ACCT 553 Federal Taxes and ManagementUploaded byBerthahrobinson
- BSOP 434 Week 8 Final Exam - PackageUploaded byBerthahrobinson
- BIS 245 Week 8 Final ExamUploaded byBerthahrobinson
- ACCT 344 All QuizzesUploaded byBerthahrobinson
- ACCT 344 Homework Week 1, 2, 3, 5, 6Uploaded byBerthahrobinson
- ACCT 344 Week 8 Final ExamUploaded byBerthahrobinson
- ACCT 346 Week 4 Midterm 2 (Devry)Uploaded byBerthahrobinson
- ACCT 301 Week 4 Midterm Package - 3 Different SetUploaded byBerthahrobinson
- ACCT 301 Essential of AccountingUploaded byBerthahrobinson
- ACCT 346 Week 8 Final ExamUploaded byBerthahrobinson
- ACCT 346 Week 4 Midterm 1 (Devry)Uploaded byBerthahrobinson