Midterm week 4 ------------------------------------------------- Top of Form Bottom of Form Grading Summary | These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below. | Date Taken: | 8/2/2011 | Time Spent: | 2 h , 23 min , 35 secs | Points Received: | 127 / 150 (84.7%) | | Question Type: | # Of Questions: | # Correct: | Multiple Choice | 10 | 7 | Short | 1 | N/A | Essay | 3 | N/A | | | Grade Details | Page: | 1 2 | 1. | Question : | (TCO A) Wages paid to an assembly line worker in a factory are a: | | | Student Answer: | | Prime Cost YES.....Conversion Cost NO | | | | Prime …show more content…
| Question : | (TCO B) The contribution margin ratio always increases when the: | | | Student Answer: | | break-even point increases | | | | break-even point decreases | | | | variable expenses as a percentage of net sales decreases | | | | variable expenses as a percentage of net sales increases | | Instructor Explanation: | Chapter 6 | | | | Points Received: | 6 of 6 | | Comments: | | | | 9. | Question : | (TCO B) Which of the following would not affect the break-even point? | | | Student Answer: | | number of units sold | | | | variable expense per unit | | | | total fixed expenses | | | | selling price per unit | | Instructor Explanation: | Chapter 6 | | | | Points Received: | 0 of 6 | | Comments: | | | | 10. | Question : | (TCO E) In an income statement prepared using the variable costing method, variable selling and administrative expenses would: | | | Student Answer: | | be used in the computation of the contribution margin | | | | be used in the computation of net operating income but not in the computation of the contribution margin | | | | be treated
These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below.
These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below.
Types of Scores Reported: The raw score, age and grade equivalent, percentile rank, Math Ability Score (standard score), standard error of measurement, confidence interval, and ability score range are all recorded in the appropriately labeled spaces in the Profile/Examiner Record Booklets.
These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below.
These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below.
These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below.
2.) For each expense that is variable with respect to revenue hours, calculate the cost per revenue hour.
It is very difficult for me to write your Progress Report without meeting you. You have missed our meeting during the last two weeks. I know that you have been busy with your classes, but our weekly meeting is very important to keep you in good track and be able to provide the support that you need.
These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below.
These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below.
(1) Score: Find the score the essay received in the grading rubric (below), and note the
e. Variable operating expenses are estimated at 20 percent of total sales (after including New Zealand sales, translated to a dollar amount).
29. Transportation costs incurred by a manufacturing company to ship its product to its customers would be classified as which of the following?