ACC 302 Exam Questions and Correct Answers
Which of the following is an example of an indirect cost?
Cost of labor
Cost of materials
Cost of packaging materials
Cost of downtime
None of the answer choices are correct.
cost of downtime
All indirect manufacturing costs are commonly combines into a single cost pool called:
Other manufacturing costs.
Activity cost pools.
Resources.
Overhead.
Value streams.
overhead
Which of the following should be considered a structural cost driver
Technology.
Experience.
Complexity.
Scale.
All of these answer choices are
all answers
, When production levels are expected to decline within a relevant range, what effects
would be anticipated with respect to each of the following?
a. Fixed costs per unit stay the same. Variable costs per unit decrease.
b. Fixed costs per unit stay the same. Variable costs per unit increase.
c. Fixed costs per unit increase. Variable costs per unit no change.
d. Fixed costs per unit increase. Variable costs per unit also increase.
fixed costs per unit increase. variable costs per unit no change.
Which of the following is not an example of a product cost
a. Depreciation on company-owned manufacturing plant
b. power of equipment
c. Salary of manufacturing supervisor
d. depreciation on company-owned sales outlets
e. Materials used in the product
d
Certain workers are assigned the task of unpacking production materials received from
suppliers. These workers place the material in a storage area pending subsequent use in
the production process. The labor cost of such workers is normally classified as:
Direct labor.
Indirect materials.
Direct materials.
None of these answers are
Indirect labor.
indirect labor
Which of the following is an example of an indirect cost?
Cost of labor
Cost of materials
Cost of packaging materials
Cost of downtime
None of the answer choices are correct.
cost of downtime
All indirect manufacturing costs are commonly combines into a single cost pool called:
Other manufacturing costs.
Activity cost pools.
Resources.
Overhead.
Value streams.
overhead
Which of the following should be considered a structural cost driver
Technology.
Experience.
Complexity.
Scale.
All of these answer choices are
all answers
, When production levels are expected to decline within a relevant range, what effects
would be anticipated with respect to each of the following?
a. Fixed costs per unit stay the same. Variable costs per unit decrease.
b. Fixed costs per unit stay the same. Variable costs per unit increase.
c. Fixed costs per unit increase. Variable costs per unit no change.
d. Fixed costs per unit increase. Variable costs per unit also increase.
fixed costs per unit increase. variable costs per unit no change.
Which of the following is not an example of a product cost
a. Depreciation on company-owned manufacturing plant
b. power of equipment
c. Salary of manufacturing supervisor
d. depreciation on company-owned sales outlets
e. Materials used in the product
d
Certain workers are assigned the task of unpacking production materials received from
suppliers. These workers place the material in a storage area pending subsequent use in
the production process. The labor cost of such workers is normally classified as:
Direct labor.
Indirect materials.
Direct materials.
None of these answers are
Indirect labor.
indirect labor
