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- 1. Multiple Choice
A segment could be which of the following?
Product
Customer type
Geographic region
All of these
- 2. Multiple Choice
Companies may choose to use variable costing because it
accords with GAAP
is useful for external reporting
is most useful for management decision making
provides the gross margin
- 3. Multiple Choice
In a segmented income statement, which of the following statements is true?
Segment margin is equal to contribution margin less direct fixed expenses
Common fixed expenses must be allocated to each segment
Segment margin is greater than contribution margin
Gak ngerti jawabannya sampe pengen nangis
- 4. Multiple Choice
A factor that causes or leads to a change in a cost or activity is a(n)
intercept
driver
slope
cost object
- 5. Multiple Choice
Which of the following would probably be a variable cost in a soda bottling plant?
None of these
Time spent by adjusters to evaluate accidents
Application forms
The salary of customer service representatives
- 6. Multiple Choice
Product (or manufacturing) costs consist of
direct materials, direct labor, and selling costs
prime costs and manufacturing overhead
administrative costs and conversion costs
selling and administrative costs
- 7. Multiple Choice
The accountant wants to assign costs to boxes of biscuits. Which costs can be traced directly to boxes of biscuits?
The cost of flour and baking soda
The cost of packing labor
The wages of the mixing labor
All of these
- 8. Multiple Choice
Which of the following is an indirect cost?
The cost of restriping the parking lot at a perfume factory
The cost of bottles in a shampoo factory
The cost of denim in a jeans factory
All of the above
- 9. Multiple Choice
The amount of revenue required to earn a targeted profit is equal to
total fixed cost plus targeted profit divided by contribution margin ratio
total fixed cost divided by contribution margin
targeted profit divided by the contribution margin ratio
targeted profit divided by the variable cost ratio
- 10. Multiple Choice
Break-even revenue for the multiple-product firm can be calculated by
dividing segment fixed cost by the overall contribution margin ratio
dividing total fixed cost by the overall contribution margin ratio
dividing total fixed cost by the overall variable cost ratio
multiplying total fixed cost by the contribution margin ratio
- 11. Multiple Choice
In the cost-volume-profit graph
neither the total revenue curve nor the total cost curve appear
the area of loss cannot be determined
the area of profit is to the left of the break-even point
both the total revenue curve and the total cost curve appear
- 12. Multiple Choice
An important assumption of cost-volume-profit analysis is that
both costs and revenues are linear functions
the sales mix remains constant
all of the above are assumptions of cost-volume-profit analysis
there is no change in inventories
- 13. Multiple Choice
The use of fixed costs to extract higher percentage changes in profits as sales activity changes involves
operating leverage
degree of operating leverage
margin of safety
variable cost reduction
- 14. Multiple Choice
The contribution margin is the
difference between sales and total cost
difference between sales and total variable cost
amount by which sales exceed total fixed cost
difference between sales and operating income
- 15. Multiple Choice
If a company’s total fixed cost decreases by $10,000, which of the following will be true?
The break-even point will increase
The break-even point will be unchanged
The variable cost ratio will be unchanged
Hanya Bu Yani dan Tuhan yang tahu
- 16. Multiple Choice
If product 2 is dropped, which of the following is true?
Sales will increase by $300,000
Overall operation income will increase by $2,600
Overall operating income will decrease by $25,000
Only God knows
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