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1. DEVRY ACCT 346 Week 8 Final Exam
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Question :
(TCO 1) The principle managers follow when they
only investigate significant departures from the
plan is commonly known as
2.Question : (TCO 1) Which of the following is not
likely to be a fixed cost?
3.Question : (TCO 2) Which of the following is not a
manufacturing cost?
4.Question : (TCO 2) An allocation base is

2. 5.Question : (TCO 3) Equivalent units are
calculated by
6.Question : (TCO 3) In the assembly
department, all the direct materials are
added at the beginning of the processing.
Beginning Work in Process inventory
consists of 2,000 units with a direct materials
cost of $31,860. During the period, 15,000
units are started and direct materials costing
$250,000 are charged to the department. If
there are 1,000 units in ending inventory,
what is the cost per equivalent unit?
7.Question : (TCO 4) Regression analysis
8.Question : (TCO 4) Thenumberof units
thatmust
be sold to exactly cover its fixed and variable
costs
is the
9.Question : (TCO 5) Which of the following is
treated as a product cost in variable costing?
10.Question : (TCO 5) If the number of units
sold is less than the number of units
produced
11.Question : (TCO 6) A contract which
specifies that the suppler will be paid for the
cost of production as well as some fixed
amount or percentage of cost is called a(n)

3. 12.Question : (TCO 6) Which of the following is not
generally true when a company compares ABC and
traditional costing?
13.Question : (TCO 7) Fixed costs that will be
eliminated if a particular course of action is
undertaken are called
Page:
1. Question : (TCO 7) Common costs
2. Question : (TCO 8) Target costing
3. Question : (TCO 8) Which of the following
arelevant in deciding whether to accept or
reject a
special order?
4. Question : (TCO 9) Present value techniques
5.Question : (TCO 9) The internal rate of return
6.Question : (TCO 10) A method of budget
preparation that requires all budgeted amounts to
be justified by the department, even if the
amounts were supported in prior periods, is called
7.Question : (TCO 10) Which budget is
prepared
first?8.Question : (TCO 10) The standard cost is

4. 9. Question : (TCO 10) In general, an unfavorable
material variance arises from
10. Question : (TCO 10) The type of center that
has responsibility for generating revenue as well
as
controlling costs is a(n)
11. Question : (TCO 10) Responsibility accounting
holds managers responsible for
12. Question : (TCO 10) Which ratio measures
the rate earned on total capital provided by the
owners?
accounting from financial accounting. Include a
brief discussion of the differences in the types of
information provided to users as well as the
differences of the users of the accounting
information.
2.Question : (TCO 6) Booth Financial Services, LLC
has two revenue producing departments, Financial
Planning and Business Consulting. The accounting
department is trying to determine the best
method to allocate $1,000,000 of common costs
(secretarial staff, reception personnel, etc), either

5. by salary or number of employees. Information on
the revenue departments are as follows:
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6. by salary or number of employees. Information on
the revenue departments are as follows:
ww.acct346assignment.com