Stichworte fixed manufacturing costs

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Stichworte: fixed manufacturing costs

Which kind of layout would be most appropriate for manufacturing large ships?

Which kind of layout would be most appropriate for manufacturing large ships?

What is the split-off point, and why is it important in analyzing joint costs

What is the split-off point, and why is it important in analyzing joint costs

What was a direct result of using interchangeable parts in car manufacturing?

What was a direct result of using interchangeable parts in car manufacturing?

In what order should manufacturing inventories be reported in a balance sheet?

In what order should manufacturing inventories be reported in a balance sheet?

In process costing, why are costs often divided into two main classifications?

In process costing, why are costs often divided into two main classifications?

Which of the following costs are future costs that differ across alternatives?

Which of the following costs are future costs that differ across alternatives?

Underapplied overhead occurs when the balance in the manufacturing overhead control account is:

Underapplied overhead occurs when the balance in the manufacturing overhead control account is:

The costs associated with the organization’s value proposition include, for example, ________.

The costs associated with the organization’s value proposition include, for example, ________.

The markup includes desired profit and any costs not included in the base cost

The markup includes desired profit and any costs not included in the base cost

Is corrective action always necessary when actual costs are higher than standard costs

Is corrective action always necessary when actual costs are higher than standard costs

Benefits forgone (given up) by choosing one alternative over another are referred to as costs.

Benefits forgone (given up) by choosing one alternative over another are referred to as costs.

Which of the following statements is true regarding fixed and variable costs quizlet?

Which of the following statements is true regarding fixed and variable costs quizlet?

Which of the following statements is true about fixed and variable costs quizlet?

Which of the following statements is true about fixed and variable costs quizlet?

Intangible drilling costs (idcs) associated with oil and gas dpps can generally

Intangible drilling costs (idcs) associated with oil and gas dpps can generally

The combination of benefits received and costs paid by the customer is known as

The combination of benefits received and costs paid by the customer is known as

Suppose the cost function is c(q) = 50 + q − 10q2 + 2q3. what are the fixed costs?

Suppose the cost function is c(q) = 50 + q − 10q2 + 2q3. what are the fixed costs?

Understanding manufacturing and service process structures is important because:

Understanding manufacturing and service process structures is important because:

Which of the following costs should not be considered while making decision in the short run?

Which of the following costs should not be considered while making decision in the short run?

All of the following terms are associated with process layouts except which one?

All of the following terms are associated with process layouts except which one?

Which one of the following costs are charged to a product using the method of absorption costing?

Which one of the following costs are charged to a product using the method of absorption costing?

What are the fundamental differences between services and manufacturing BMAL 590?

What are the fundamental differences between services and manufacturing BMAL 590?

When a job is completed and the client is billed, the costs are transferred to a

When a job is completed and the client is billed, the costs are transferred to a

It is more accurate to ignore support department costs when determining product costs

It is more accurate to ignore support department costs when determining product costs

Support departments may incur both variable and fixed costs, such as salaries and wages

Support departments may incur both variable and fixed costs, such as salaries and wages

Because nonmanufacturing costs are not included as costs of a product, the use of

Because nonmanufacturing costs are not included as costs of a product, the use of

In process costing, manufacturing overhead costs are distributed to each department ______.

In process costing, manufacturing overhead costs are distributed to each department ______.

Standard costs are developed for direct materials, direct labor, and variable overhead only.

Standard costs are developed for direct materials, direct labor, and variable overhead only.

Which approach to pricing is most suitable when a company has high variable costs relative to its fixed costs quizlet?

Which approach to pricing is most suitable when a company has high variable costs relative to its fixed costs quizlet?

Internal costs that are charged to the segments of a business are called ________.

Internal costs that are charged to the segments of a business are called ________.

Which of the following would be considered a direct labor cost for a manufacturing company?

Which of the following would be considered a direct labor cost for a manufacturing company?

Which of the following manufacturing type is used where product volume is very low?

Which of the following manufacturing type is used where product volume is very low?

Are the costs of a production process that yields multiple products simultaneously?

Are the costs of a production process that yields multiple products simultaneously?

Which of the following methods can be useful to reduce service costs using Azure advisor?

Which of the following methods can be useful to reduce service costs using Azure advisor?

The extent to which an organisation uses fixed cost on its capital structure is called as

The extent to which an organisation uses fixed cost on its capital structure is called as

Why did parliament prohibit manufacturing in the colonies in the eighteenth century?

Why did parliament prohibit manufacturing in the colonies in the eighteenth century?

You calculate cash ____ by subtracting costs from benefits, or expenses from income.

You calculate cash ____ by subtracting costs from benefits, or expenses from income.

Which of the following methods of allocating support department costs is the simplest?

Which of the following methods of allocating support department costs is the simplest?

Which of the following work practices are closely associated with low-cost outsourced manufacturing?

Which of the following work practices are closely associated with low-cost outsourced manufacturing?

Labor specialization includes the development of specialized tools to reduce labor costs.

Labor specialization includes the development of specialized tools to reduce labor costs.

When manufacturing overhead is applied to production which of the following accounts is debited?

When manufacturing overhead is applied to production which of the following accounts is debited?

In process costing, it is unreasonable to assume uniform application of material costs.

In process costing, it is unreasonable to assume uniform application of material costs.

Which of the following is not an indirect manufacturing cost of producing wooden tables

Which of the following is not an indirect manufacturing cost of producing wooden tables

A situation where the level of output, scale and average costs are all rising is called

A situation where the level of output, scale and average costs are all rising is called

The fixed budget indicates sales of $50,000. actual sales were $55,000. the variance is:

The fixed budget indicates sales of $50,000. actual sales were $55,000. the variance is:

Costs that vary in total in direct proportion to changes in an activity level are called

Costs that vary in total in direct proportion to changes in an activity level are called

For recording time spent on specific work projects, manufacturing companies usually use a

For recording time spent on specific work projects, manufacturing companies usually use a

A company that allocates indirect costs using -based costing follows a two stage process.

A company that allocates indirect costs using -based costing follows a two stage process.

If there is excess capacity, the minimum acceptable price for a special order must cover:

If there is excess capacity, the minimum acceptable price for a special order must cover:

Which of the following should be ignored when making decisions multiple choice sunk costs differential costs avoidable costs incremental costs?

Which of the following should be ignored when making decisions multiple choice sunk costs differential costs avoidable costs incremental costs?

Which of the following is not relevant in deciding whether to process a joint product beyond its split off?

Which of the following is not relevant in deciding whether to process a joint product beyond its split off?

When making a decision to drop a product line or not the following costs should not be considered relevant to the decision?

When making a decision to drop a product line or not the following costs should not be considered relevant to the decision?

Which method of allocating costs would be used if the selling prices of all products at the split

Which method of allocating costs would be used if the selling prices of all products at the split

Which of the following costs at a manufacturing company would be treated as a product cost under both absorption costing and variable costing quizlet?

Which of the following costs at a manufacturing company would be treated as a product cost under both absorption costing and variable costing quizlet?

What is the term for the amount of money the insured person plays out of pocket before the insurance plan assists with the costs of healthcare services?

What is the term for the amount of money the insured person plays out of pocket before the insurance plan assists with the costs of healthcare services?

Which of the following is a major factor that distinguishes service design and development from manufacturing design and development?

Which of the following is a major factor that distinguishes service design and development from manufacturing design and development?

Long-term agreements to purchase raw materials or sell products at a fixed price are called

Long-term agreements to purchase raw materials or sell products at a fixed price are called

What factors should be considered when selecting a site for a new manufacturing facility quizlet?

What factors should be considered when selecting a site for a new manufacturing facility quizlet?

Which inventory costing method most closely approximates recent costs for ending inventory and cost of goods sold respectively?

Which inventory costing method most closely approximates recent costs for ending inventory and cost of goods sold respectively?

Which of the following costs are not considered in a differential analysis for a make or buy decision?

Which of the following costs are not considered in a differential analysis for a make or buy decision?

Work is performed on products, and materials, labor, or overhead costs are added to products in a(n)

Work is performed on products, and materials, labor, or overhead costs are added to products in a(n)

The basis for recording direct and indirect labor costs incurred is a summary of the periods

The basis for recording direct and indirect labor costs incurred is a summary of the periods

Which cost accounting procedure is most applicable in continuous mass production manufacturing environment?

Which cost accounting procedure is most applicable in continuous mass production manufacturing environment?

Which of the following inventory valuation approaches treats nonmanufacturing costs as period costs

Which of the following inventory valuation approaches treats nonmanufacturing costs as period costs

When all fixed manufacturing costs and variable manufacturing costs are included as Inventoriable costs?

When all fixed manufacturing costs and variable manufacturing costs are included as Inventoriable costs?

What is (are) used in activity-based absorption costing to assign overhead costs to products?

What is (are) used in activity-based absorption costing to assign overhead costs to products?

Why do managers use a predetermined manufacturing overhead allocation rate rather than the actual rate to cost jobs?

Why do managers use a predetermined manufacturing overhead allocation rate rather than the actual rate to cost jobs?

In which costing technique are all the manufacturing costs variable or fixed included in determining the cost of the product?

In which costing technique are all the manufacturing costs variable or fixed included in determining the cost of the product?

Which of the following costs should be limited in internal reports prepared using the responsibility accounting approach?

Which of the following costs should be limited in internal reports prepared using the responsibility accounting approach?

When two organizations pool markets and expertise that result in lower costs and generate profits they are creating group of answer choices?

When two organizations pool markets and expertise that result in lower costs and generate profits they are creating group of answer choices?

The principal difference between a merchandising and a manufacturing income statement is the

The principal difference between a merchandising and a manufacturing income statement is the

What is the main difference between manufacturing and merchandising companies financial statement?

What is the main difference between manufacturing and merchandising companies financial statement?

Which of the following conditions normally would not indicate that standard costs should be revised?

Which of the following conditions normally would not indicate that standard costs should be revised?

The objective of _____ is to gather data about project usability, costs, benefits, and schedules

The objective of _____ is to gather data about project usability, costs, benefits, and schedules

When considering reinforcement schedules remember that fixed schedules lead to higher levels of performance than variable schedules?

When considering reinforcement schedules remember that fixed schedules lead to higher levels of performance than variable schedules?

Why is choosing the correct cost driver to estimate indirect manufacturing costs important?

Why is choosing the correct cost driver to estimate indirect manufacturing costs important?

The following information was drawn from the accounting records of marlin manufacturing co.

The following information was drawn from the accounting records of marlin manufacturing co.

What is the name of the technique used to shorten the overall length of a project that usually involves a tradeoff between time and costs?

What is the name of the technique used to shorten the overall length of a project that usually involves a tradeoff between time and costs?

Costs represent other sources of sacrifice perceived by consumers when buying and using a service.

Costs represent other sources of sacrifice perceived by consumers when buying and using a service.

Which of the following best describes the term used to assign indirect costs to a cost object?

Which of the following best describes the term used to assign indirect costs to a cost object?

Direct materials and direct labor costs are examples of variable costs of production. true false

Direct materials and direct labor costs are examples of variable costs of production. true false

Which of the following best describes the relationship between fixed costs per unit and variable costs per unit as total volume increases?

Which of the following best describes the relationship between fixed costs per unit and variable costs per unit as total volume increases?

In which of the following contracts does the buyer pay the supplier for allowable performance costs along with a predetermined percentage based on total costs?

In which of the following contracts does the buyer pay the supplier for allowable performance costs along with a predetermined percentage based on total costs?

Which of the following contract type involves payment to the supplier for direct and indirect actual costs?

Which of the following contract type involves payment to the supplier for direct and indirect actual costs?

What is the major difference in focus between location decisions in the service sector and in the manufacturing sector?

What is the major difference in focus between location decisions in the service sector and in the manufacturing sector?

A company usually prepares a budget for nonmanufacturing costs after preparing all operating budgets

A company usually prepares a budget for nonmanufacturing costs after preparing all operating budgets

The costs of producing, distributing and promoting the product will all influence the products:

The costs of producing, distributing and promoting the product will all influence the products:

Which type of contract stipulates a fixed price and includes an additional motivation or bonus for early completion or some other measure of good performance?

Which type of contract stipulates a fixed price and includes an additional motivation or bonus for early completion or some other measure of good performance?

A firms average fixed cost is rs 20 at 6 units of output what will be afc at 3 units of output

A firms average fixed cost is rs 20 at 6 units of output what will be afc at 3 units of output

One spatial change in manufacturing employment patterns as a result of deindustrialization.

One spatial change in manufacturing employment patterns as a result of deindustrialization.

Which is the fixed amount the patient pays each time he or she receives health care services?

Which is the fixed amount the patient pays each time he or she receives health care services?

When healthcare providers charge more than full costs to one set of patients and less than full cost to another set of patients that is known as?

When healthcare providers charge more than full costs to one set of patients and less than full cost to another set of patients that is known as?

What did the rise in manufacturing beginning in the early 1800s eventually result in by 1848?

What did the rise in manufacturing beginning in the early 1800s eventually result in by 1848?

In calculating the life cycle costs of a product which of the following items would be included

In calculating the life cycle costs of a product which of the following items would be included

Which schedule of reinforcement involves reinforcement being given for the first correct response?

Which schedule of reinforcement involves reinforcement being given for the first correct response?

Which level of capacity if used would result into the lowest fixed overhead application rate?

Which level of capacity if used would result into the lowest fixed overhead application rate?

What method of manufacturing, introduced in the early 1800s, made mass production possible? quizlet

What method of manufacturing, introduced in the early 1800s, made mass production possible? quizlet

Involves simplifying shrinking, or downsizing an organizations operation to lower operating costs.

Involves simplifying shrinking, or downsizing an organizations operation to lower operating costs.

From an agile project management perspective, which of these constraints are considered to be fixed

From an agile project management perspective, which of these constraints are considered to be fixed

The average hourly cost to pay a manufacturing worker in the united states in 2011 was how much?

The average hourly cost to pay a manufacturing worker in the united states in 2011 was how much?

Which of the term represent the result of subtracting the project costs from the benefits and then dividing by the costs?

Which of the term represent the result of subtracting the project costs from the benefits and then dividing by the costs?