Description of this paper

wo main benefits of activity-based costing are mor...

Description

Solution


Question

wo main benefits of activity-based costing are more accurate product cost information and more detailed information on costs of activities and the drivers of these costs. (Points : 1) True False 2. Jurassic Manufacturers produces flooring material. Fixed costs are $5,000 per month. Sales price for one unit of product is $50, and the variable cost per unit is $30. If Jurassic wishes to earn an operating income of $2,000, how many units need to be sold? (Points : 1) 270 300 320 350 3. Equival Company wishes to sell truck axles to car manufacturers. The current market price of the axles is $400, and Equival knows it must accept the market price. Currently, it costs the company $330 to produce each axle. The company wishes to make a profit equal to 20% of the price. Which of the following strategies should Equival adopt to achieve its objective? (Points : 1) Raise the price to $410. Reduce its production costs by $10 per unit. Increase the production costs by $20 per unit. Use advertising to increase the volume of sales. 4. Activity-based costing systems combine many various elements of overhead into a single cost pool. (Points : 1) True False 5. Total variable costs change in response to changes in the volume of production. (Points : 1) True False 6. Jenny was reviewing the water bill for her doggy day spa and determined that her highest bill, $1,700, occurred in July when she washed 800 dogs and her lowest bill, $900, occurred in November when she washed 400 dogs. What was the variable cost per dog associated with Jenny's water bill? (Points : 1) $0.67 $1.00 $0.50 $2.00 7. Fixed costs per unit decrease as production levels decrease. (Points : 1) True False 8. Activity-based costing focuses on a single predetermined overhead rate for cost analysis. (Points : 1) True False 9. JB Company has fixed costs of $300,000. Total costs, both fixed and variable, are $378,000 when 40,000 units are produced. How much is the variable cost per unit? (Please round to the nearest cent.) (Points : 1) $9.45 $2.78 $7.50 $1.95 None of these is correct 10. Activity-based costing systems and traditional costing systems will produce the same results for product cost and profitability, although they use different methods of calculation. (Points : 1) True False,I cancelled the assignment. If I need to adjust my question if I cannot have my money return. I don't need it answered until Monday night. Here is the new assignment E19-19 Impact on breakeven point if sale price, variable costs, and fixed costs change Dependable Drivers Driving School charges $250 per student to prepare and administer written and driving tests. Variable costs of $100 per student include trainers? wages, study material, and gasoline. Annual fixed costs of $75,000 include the training facility and fleet of cars. Requirements. !. For each of the following independent situation, calculate the contribution margin per unit and the breakeven point in units by first referring to the original data provided: a. Breakeven point with no change in information b. Decrease sales price to $220 per student c. Decrease variable costs to $50 per student d. Decrease fixed costs to $60,000 2. Compare the impact of changes in the sales price, variable costs, and fixed costs on the contribution margin per unit and the break point in units.,Please disregard the 10 questions. I have already answered them. I sent a second question. Could you please just work on that for me. I do not need answer until 10/31/2011. Here is the question again. E19-19 Impact on breakeven point if sale price, variable costs, and fixed costs change Dependable Drivers Driving School charges $250 per student to prepare and administer written and driving tests. Variable costs of $100 per student include trainers? wages, study material, and gasoline. Annual fixed costs of $75,000 include the training facility and fleet of cars. Requirements. !. For each of the following independent situation, calculate the contribution margin per unit and the breakeven point in units by first referring to the original data provided: a. Breakeven point with no change in information b. Decrease sales price to $220 per student c. Decrease variable costs to $50 per student d. Decrease fixed costs to $60,000 2. Compare the impact of changes in the sales price, variable costs, and fixed costs on the contribution margin per unit and the break point in units.

 

Paper#6160 | Written in 18-Jul-2015

Price : $25
SiteLock