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ACCT 344 Week 5 Quiz......................(ACCT 344 Cost Accounting - DeVry)

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Subject: Education
Due on: 08/14/2014
Posted On: 08/13/2014 04:10 PM

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1. Question: (TCO 7)A common cost occurs

2. Question: (TCO 7) Which would be the most appropriate base for allocating the costs of the housekeeping department?

3. Question: (TCO 7) The Ruling Company assigns plant administration costs to the production departments based on the number of employees. Which would NOT be a good combination of common costs with an activity driver?

4. Question: (TCO 7) Joint costs are allocated because of

5. Question: (TCO 7) Which method allocates support department costs?

6. Question: (TCO 7) Joint costs are

7. Question: (TCO 7) Which method allocates joint production costs based on the pounds of product produced?

8. Question: (TCO 7) DeeDee Corporation manufactures the following products in its factory. $400,000 of costs were incurred…………How much joint cost would be allocated to Product A based on the physical units method?

9. Question: (TCO 7) Sally Corporation manufactures four products. The following data were provided by the cost accountant for the current year……….

10. Question: (TCO 7) Lamb Inc. processes wool into four grades of yarn as follows…….Which is the amount of joint costs assigned to Superwash Wool using the constant gross margin percentage method?

Tags accounting devry cost quizacct week acct question costs joint based method cost products wool production allocates common allocated following manufactures corporation product sally 0 factory incurredhow physical units method9 current superwash aigned using constant percentage margin

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ACCT 344 Week 5 Quiz..............(ACCT 344 Cost Accounting - DeVry)

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Preview: be xxxxxxxxx to xxxxxxx A based xx the physical xxxxx method? Student xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxx Chapter xx (2,500 / xxxxxx + 5,000 x 7,500 x xxxxxxxx * xxxxxxxx  Points Received:3 xx 3 Comments: 9 Question xxxxx 7) xxxxx xxxxxxxxxxx manufactures xxxx products The xxxxxxxxx data were xxxxxxxx by xxx xxxx accountant xxx the current xxxx ProductUnits ProducedSales xxxxx at xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxx Processing xxxxxxxxxxxxxxxxxxxxx is the xxxxxx of joint xxxxx assigned xx xxxxxxx L xxxxx the sales-value-at-split-off xxxxxxxxxxxxxxxx Answer: $9,600  $24,000  $1,600  $4,800 Instructor Explanation:See xxxxxxx 7 xxxxxxx x (15,000 x 9,000 + xxxxxx + 12,000)).....
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