Act 5060 Midterm Q&a

ACT 5060 Midterm Exam stool:_____________________________________________________________ 1. Which of the following is non an give of a proceeds introduce at a nerve centre school? A. Salary pay to instructors. B. Corporate office rent. C. Supplies D. service program damage in the gymnasium. 2. crude(a) coast equals: A. Revenues little product cost. B. Revenues little period costs. C. Revenues little exchange and administrative expenses. D. Revenues less derogation expense. 3. Metal utilise to make components is an model of: A. film Labor B. shifting Manufacturing Overhead C. Direct Materials D. located Manufacturing Overhead 4. Which of the following is not an example of a direct genuine? A. Steel. B. Packaging Materials. C. Leather. D. Canvas. 5. Which account would not be shown under lineage in a manufacturing steadys remainder rag week? A. Work-in-Process. B. merchandising Inventory. C. Finished Goods. D. Held on Consignment. 6. Aspen association has sales of $2,000,000, cost of goods exchange of $200,000, and selling and administrative costs of $500,000. Aspen Companys gross margin is: A. $1,800,000. B. $1,500,000. C. $1,300,000. D. $1,700,000. 7. presuppose Maxs Shuttle Service requisites to crystallise a turn a get ahead onward taxes of $375,000 in the coming year.

Maxs selling price is $40, its variable total cost per unit is $20, and its amend costs are $150,000. How legion(predicate) tickets mustiness the company sell? a. 26,520 b. 26,250 c. 18,750 d. 11,250 8 A firm performs CVP analysis for three autochthonic purposes: a. calculating measures that help appraise operational risk b. evaluating the profit impact of short-term decision alternatives c. profit planning d. each of the Above 9. Which of the following is most presumable a primary drug user of managerial accounting? a. evaluate Authorities. b. Employees. c. Creditors. d. Shareholders. 10. Which of the following is a property of financial accounting?...If you want to get a unspoilt essay, order it on our website: Ordercustompaper.com

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