BUS 590 Week 4 Quiz Ashford

BUS 590 Week 4 Quiz Ashford


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BUS 590 Week 4 Quiz Ashford
Question 1. An unfavorable activity variance indicates that activity was too high for the amount of sales.
Question 2. The cash budget is typically prepared before the direct materials budget.
Question 3. In companies that do not have "no lay-off" policies, the total direct labor cost for a budget period is computed by multiplying the total direct labor hours needed to make the budgeted output of completed units by the direct labor wage rate.
Question 4. Move time is considered value-added time.
Question 5. The first budget a company prepares in a master budget is the production budget.
Question 6. Residual income is the net operating income that an investment center earns above the minimum required return on the investment in fixed assets.
Question 7. A flexible budget should not be used when making comparisons to actual results such as actual expenses.
Question 8. Comparing actual results to a budget based on the actual activity for the period is possible with the use of a:
Question 9. Manufacturing Cycle Efficiency (MCE) is computed as:
Question 10. Return on investment (ROI) equals margin multiplied by turnover.

BUS 590 Week 4 Quiz Ashford
Follow this link to get this tutorial:
http://mindsblow.us/question-details/BUS-590-Week-4-Quiz-Ashford/3123
Contact us at:
help@mindblows.us
BUS 590 Week 4 Quiz Ashford
Question 1. An unfavorable activity variance indicates that activity was too high for the amount of sales.
Question 2. The cash budget is typically prepared before the direct materials budget.
Question 3. In companies that do not have "no lay-off" policies, the total direct labor cost for a budget period is computed by multiplying the total direct labor hours needed to make the budgeted output of completed units by the direct labor wage rate.
Question 4. Move...

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