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BUS 590 Week 3 Quiz Ashford
Question 1. Segment margin is a better measure of the long-run profitability of a segment than contribution margin.
Question 2. Under variable costing, product costs consist of direct materials, direct labor, and variable manufacturing overhead.
Question 3. Activity rates in activity-based costing are computed by dividing costs from the second-stage allocations by the activity measure for each activity cost pool.
Question 4. Assuming the LIFO inventory flow assumption, if production equals sales for the period, absorption costing and variable costing will produce the same net operating income.
Question 5. Under conventional absorption costing, the fixed costs associated with idle production capacity are not included as part of the product cost.
Question 6. Waste on the production line will result in an unfavorable materials quantity variance.
Question 7. Because absorption costing emphasizes costs by behavior, it works well with cost-volume-profit analysis.
Question 8. A transaction driver provides a measure of the amount of time required to perform an activity.
Question 9. When using data from a segmented income statement, the dollar sales for a segment to break even is equal to:
Question 10. Under variable costing, variable production costs are not treated as product costs.
BUS 590 Week 3 Quiz Ashford
Follow this link to get this tutorial:
http://mindsblow.us/question-details/BUS-590-Week-3-Quiz-Ashford/3118
Contact us at:
help@mindblows.us
BUS 590 Week 3 Quiz Ashford
Question 1. Segment margin is a better measure of the long-run profitability of a segment than contribution margin.
Question 2. Under variable costing, product costs consist of direct materials, direct labor, and variable manufacturing overhead.
Question 3. Activity rates in activity-based costing are...