ACCT 434 Devry Course Tutorial (Tutorialoutlet)
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ACCT-434 Week 5 Pricing Decisions Management Control Systems (Devry)

ACCT-434 Week 5 Pricing Decisions Management Control Systems (Devry) | ACCT 434 Devry Course Tutorial (Tutorialoutlet) | Scoop.it

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

5.

Question :

(TCO 7) Pritchard Company manufactures a product that has a variable cost of $30 per unit. Fixed costs total $1,500,000, allocated on the basis of the number of units produced. Selling price is computed by adding a 20% markup to full cost. How much should the selling price be per unit for 300,000 units?

6.

Question :

(TCO 8) A product may be passed from one subunit to another subunit in the same organization. The product is known as

7.

Question :

(TCO 8) Transfer prices should be judged by whether they promote

8.

Question :

(TCO 8) When an industry has excess capacity, market prices may drop well below their historical average. If this drop is temporary, it is called

9.

Question :

(TCO 8) An advantage of using budgeted costs for transfer pricing among divisions is that

10.

Question :

(TCO 8) The seller of Product A has no idle capacity and can sell all it can produce at $20 per unit. Outlay cost is $4. What is the opportunity cost, assuming the seller sells internally? 

 

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ACCT 434 Week 1 Quiz Activity Based Costing (Devry)

ACCT 434 Week 1 Quiz Activity Based Costing (Devry) | ACCT 434 Devry Course Tutorial (Tutorialoutlet) | Scoop.it

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, In-Sync Fixtures uses a traditional costing system with indirect costs allocated using purchased cost of goods as a basis. In-Sync Fixtures is considering refining the allocation of its receiving costs of $40,000. It realizes that the Italian Marble is heavier and requires more care than the Marblette but that the Marblette comes in larger volume.

Which statement can be made using the results of the activity analysis performed by In-Sync Fixtures?

2.

Question :

(TCO 1) The allocation of indirect costs in an activity-based costing system

3.

Question :

(TCO 1) Evaluating customer reaction of the trade-off of giving up some features of a product for a lower price would best fit which category of management decisions under activity-based management?

4.

Question :

(TCO 1) A company produces three products; if one product is overcosted then

5.

Question :

(TCO 1) To set realistic selling prices

6.

Question :

(TCO 1) Different products consume different proportions of manufacturing overhead costs because of differences in all of the following EXCEPT

7.

Question :

(TCO 1) A well-designed, activity-based cost system helps managers make better decisions because information derived from an ABC analysis

8.

Question :

(TCO 1) Companies use ABC system information to

9.

Question :

(TCO 1) For service organizations that bill customers at a predetermined average rate, activity-based cost systems can help to

10.

Question :

(TCO 1) Danielle Company produces a special spray nozzle. The budgeted indirect total cost of inserting the spray nozzle is $180,000. The budgeted number of nozzles to be inserted is 60,000. What is the budgeted indirect cost allocation rate for this activity? 

 

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ACCT 434 Entire Course Advanced Cost Management (Devry)

ACCT 434 Entire Course Advanced Cost Management (Devry) | ACCT 434 Devry Course Tutorial (Tutorialoutlet) | Scoop.it

ACCT 434 Week 1-7 All Discussion Questions (Devry)
ACCT-434 Week 1 Quiz Activity Based Costing (Devry)
ACCT-434 Week 2 Master Budget Flexible Budgets (Devry)
ACCT-434 Week 3 Cost Behavior Decision Making Quality (Devry)
ACCT-434 Week 4 Midterm Exam (Devry)
ACCT-434 Week 5 Pricing Decisions Management Control Systems (Devry)
ACCT-434 Week 6 Customer Profitability Capital Budgeting (Devry)
ACCT-434 Week 7 Quality Control Inventory Management (Devry)
ACCT434 Entire Course Advanced Cost Management (Devry)

 

 

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ACCT 434 Week 6 Customer Profitability Capital Budgeting (Devry)

ACCT 434 Week 6 Customer Profitability Capital Budgeting (Devry) | ACCT 434 Devry Course Tutorial (Tutorialoutlet) | Scoop.it

.

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

5.

Question :

(TCO 9) The Hassan Corporation has an electric mixer division and an electric lamp division. Of a $20,000,000 bond issuance, the electric mixer division used $14,000,000 and the electric lamp division used $6,000,000 for expansion. Interest costs on the bond totaled $1,500,000 for the year. What amount of interest costs should be allocated to the electric lamp division?

6.

Question :

(TCO 10) All of the following are methods that aid management in analyzingthe expected results of capital budgeting decisions EXCEPT the

7.

Question :

(TCO 10) Assume your goal in life is to retire with $1.5 million. Howmuch would you need to save at the end of each year if interest ratesaverage 5% and you have a 25-year work life?

8.

Question :

(TCO 10) Thedefinition of an annuity is

9.

Question :

(TCO 10) A "what-if" technique that examines how a result will change ifthe original predicted data are not achieved or if an underlying assumptionchanges is called

10.

Question :

(TCO 10) Shirt Company wants to purchase a new cutting machine for itssewing plant. The investment is expected to generate annual cash inflowsof $300,000. The required rate of return is 12% and the current machine isexpected to last for four years. What is the maximum dollar amount ShirtCompany would be willing to spend for the machine, assuming its life isalsofour years? Income taxes are not considered. 

 

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ACCT 434 Week 1-7 All Discussion Questions (Devry)

ACCT 434 Week 1-7 All Discussion Questions (Devry) | ACCT 434 Devry Course Tutorial (Tutorialoutlet) | Scoop.it

Week 1 DQ1 ABC Journey

Week 1 DQ2 Workout Room

Week 2 DQ1 Flexible versus Static Budgets

Week 2 DQ2 Workout Room

Week 3 DQ1 Relevant Costs

Week 3 DQ2 Workout Room

Week 4 DQ1 Accounting for Primary Products

Week 4 DQ2 Workout Room

Week 5 DQ1 Pricing Decision

Week 5 DQ2 Workout Room

Week 6 DQ1 Evaluating Managers

Week 6 DQ2 Workout Room

Week 7 DQ1 Quality and Performance

Week 7 DQ2 Workout Room 

 

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