# ACCT 346 DEVRY Course Tutorial / Uoptutorial

## ACCT 346 DEVRY Course Tutorial / Uoptutorial

• Submitted By: Caecilians
• Date Submitted: 06/16/2014 1:37 AM
• Words: 2029
• Page: 9
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ACCT 346 Managerial Accounting Entire Course

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Course Project on Bravo Baking Company - All 6 tabs completed
Quiz - Week 3 - 2 Sets included
Midterm - Week 4 - 2 Sets included
Quiz - Week 6 - 2 Sets included
Final Exam - Week 8
All 7 Weeks Discussions

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ACCT 346 Week 4 Midterm 1

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1. Question :
(TCO 1) Managerial accounting stresses accounting concepts and procedures that are relevant to preparing reports for
2. Question :
TCO 1) Which of the following statements regarding fixed costs is true?
3. Question :
(TCO 1) You own a car and are trying to decide whether or not to trade it in and buy a new car. Which of the following costs is an opportunity cost in this situation?
4. Question :
(TCO 1) Shula’s 347 Grill has budgeted the following costs for a month in which 1,600 steak dinners will be produced and sold: materials, \$4,080; hourly labor (variable), \$5,200; rent (fixed), \$1,700; depreciation, \$800; and other fixed costs, \$600. Each steak dinner sells for \$14.00 each. How much is the budgeted variable cost per unit?
5. Question :
(TCO 1) Which of the following is an example of a manufacturing overhead cost?
6. Question :
(TCO 1) Which of the following is a period cost?
7. Question :
(TCO 1) If the balance in the Finished Goods Inventory account increased by \$30,000 during the period and the cost of goods manufactured was \$220,000, how much is cost of goods sold?
8. Question :
(TCO 2) BCS Company applies manufacturing overhead based on direct labor cost. Information concerning manufacturing overhead and labor for August follows:
Estimated
Actual
9.Question :
(TCO 2) During 2011, Madison Company applied overhead using a job-order costing system at...