Management Accounting 2
Quizzes
Quizzes
Fichier Détails
Cartes-fiches | 180 |
---|---|
Langue | English |
Catégorie | Finances |
Niveau | Université |
Crée / Actualisé | 18.06.2018 / 18.06.2018 |
Lien de web |
https://card2brain.ch/box/20180618_management_accounting_2
|
Intégrer |
<iframe src="https://card2brain.ch/box/20180618_management_accounting_2/embed" width="780" height="150" scrolling="no" frameborder="0"></iframe>
|
the perspectives included in the balanced scorecard approach include all of the following except the:
the customer perspective of the balanced scorecard approach
the balanced scorecard approach
which is NOT one of the four most commonly used perspectives on a balanced scorecard?
costs are assigned to each specific job in a process cost system
in a process cost system, total costs are determined at the end of a period of time, such as month.
In a process cost system, the unit cost is total manufacturing costs divided by the equivalent units produced during the period
the accumulation of the costs of materials, labor, and manufacturing overhead is the same in a process cost system as in a job order cost system.
more materials requisitions are generally required in a process cost system than in a job order cost system.
equivalent units of production equals units completed and transferred out + units in beginning work in process.
two equivalent unit computations are necessar; one for materials an the otehr for conversion costs.
the first step in preparing a production cost report is to compute the equivalent units of production
the cost reconciliation schedule shows that the total costs accounted for equal the total costs to be accounted for
Units in Work in process at the beginning of the period are included in units "started and completed" under the FIFO method.
which of the following is NOT a step in preparing a production cost report?
a department has no beginning work in process, has started 80' units and completed 50' units. its ending work in process is 30' units, 60% complete as the conversion costs and fully complete as to materials. its equivalent units for conversion costs are
in process costing, the computation of unit production costs requires
which of the following is NOT included in a production cost report?
unit costs for materials and conversion costs amount to $4 and $5 respectively. the ending work in process costs for 8' units (100% complete as to material and 70% complete as to conversion costs) amount to
In order to maximize income, and minimize income tax, companies can adjust the transfer prices they use on transfers between divisions located in different countries.