Test bank - y y
Introduction To Managerial Accounting 7
y y y y
th Edition by Peter Brewer,Ray Garrison, N
y y y y y y y
OREEN-latest 2022 y
1-1
, Introduction To Managerial Accounting 7th Edition Test Bankb
y y y y y y y y
y Peter Brewer, Ray Garrison, NOREEN
y y y y y
Introduction to Managerial Accounting 7th Edition Brewer GarrisonNoreen
y y y y y y y y y
Test Bank. Download:
y y
https://testbankarea.com/download/introduction-managerial-accounting-
y 7th-edition-brewer-garrison-noreen-test-bank/
SOLUTIONS MANUAL for Introduction to Managerial Accounting 7thEditio
y y y y y y y y
n by Peter Brewer, Ray Garrison, Eric Noreen. Completed download:
y y y y y y y y y
https://testbankarea.com/download/introduction-managerial-accounting-
y 7th-edition-brewer-garrison-noreen-solutions-manual/
Chapter 01 y y
Managerial Accounting and Cost Concepts
y y y y
Truey /y Falsey Questions
1. Sellingycostsycanybeyeitherydirectyoryindirectycosts.
True False
2. Aydirectycostyisyaycostythatycannotybeyeasilyytracedytoytheyparticularycostyobjectyunderyc
onsideration.
True False
1-2
,3.yyy Propertyytaxesyandyinsuranceypremiumsypaidyonyayfactoryybuildingyareyexamplesyofyperiodycosts.
True False
4. Conversionycostyequalsyproductycostylessydirectylaborycost.
True False
5. Threadythatyisyusedyinytheyproductionyofymattressesyisyanyindirectymaterialythatyisythereforeyc
lassifiedyasymanufacturingyoverhead.
True False
6. Directylaboryisyaypartyofyprimeycost,ybutynotyconversionycost.
True False
7. Conversionycostyisytheysumyofydirectylaborycostyandydirectymaterialsycost.
True False
8. Directymaterialycostsyareygenerallyyfixedycosts.
True False
9. Productycostsyareyrecordedyasyexpensesyinytheyperiodyinywhichytheyrelatedyproductsyareysold.
True False
10. Depreciationyonymanufacturingyequipmentyisyayproductycost.
True False
11. Manufacturingysalariesyandywagesyincurredyinytheyfactoryyareyperiodycosts.
True False
1-3
, 12.y Depreciationyonyofficeyequipmentywouldybeyincludedyinyproductycosts.
True False
13. Rentyonyayfactoryybuildingyusedyinytheyproductionyprocessywouldybeyclassifiedyasyayproductycostya
ndyasyayfixedycost.
True False
14. Ayfixedycostyremainsyconstantyifyexpressedyonyayunitybasis.
True False
15. Totalyvariableycostyisyexpectedytoyremainyunchangedyasyactivityychangesywithinytheyrelevantyr
ange.
True False
16. CountryyCharmyRestaurantyisyopeny24yhoursyaydayyandyalwaysyhasyayfireygoingyinytheyfireplaceyinyt
heymiddleyofyitsydiningyarea.yTheycostyofytheyfirewoodyforythisyfireyisyfixedywithyrespectytoytheynumb
eryofymealsyservedyatytheyrestaurant.
True False
17. Committedyfixedycostsyrepresentyorganizationalyinvestmentsywithyaymulti-
yearyplanningyhorizonythatycan'tybeysignificantlyyreducedyevenyforyshortyperiods.
True False
18. Commissionsypaidytoysalespersonsyareyayvariableysellingyexpense.
True False
1-4
Introduction To Managerial Accounting 7
y y y y
th Edition by Peter Brewer,Ray Garrison, N
y y y y y y y
OREEN-latest 2022 y
1-1
, Introduction To Managerial Accounting 7th Edition Test Bankb
y y y y y y y y
y Peter Brewer, Ray Garrison, NOREEN
y y y y y
Introduction to Managerial Accounting 7th Edition Brewer GarrisonNoreen
y y y y y y y y y
Test Bank. Download:
y y
https://testbankarea.com/download/introduction-managerial-accounting-
y 7th-edition-brewer-garrison-noreen-test-bank/
SOLUTIONS MANUAL for Introduction to Managerial Accounting 7thEditio
y y y y y y y y
n by Peter Brewer, Ray Garrison, Eric Noreen. Completed download:
y y y y y y y y y
https://testbankarea.com/download/introduction-managerial-accounting-
y 7th-edition-brewer-garrison-noreen-solutions-manual/
Chapter 01 y y
Managerial Accounting and Cost Concepts
y y y y
Truey /y Falsey Questions
1. Sellingycostsycanybeyeitherydirectyoryindirectycosts.
True False
2. Aydirectycostyisyaycostythatycannotybeyeasilyytracedytoytheyparticularycostyobjectyunderyc
onsideration.
True False
1-2
,3.yyy Propertyytaxesyandyinsuranceypremiumsypaidyonyayfactoryybuildingyareyexamplesyofyperiodycosts.
True False
4. Conversionycostyequalsyproductycostylessydirectylaborycost.
True False
5. Threadythatyisyusedyinytheyproductionyofymattressesyisyanyindirectymaterialythatyisythereforeyc
lassifiedyasymanufacturingyoverhead.
True False
6. Directylaboryisyaypartyofyprimeycost,ybutynotyconversionycost.
True False
7. Conversionycostyisytheysumyofydirectylaborycostyandydirectymaterialsycost.
True False
8. Directymaterialycostsyareygenerallyyfixedycosts.
True False
9. Productycostsyareyrecordedyasyexpensesyinytheyperiodyinywhichytheyrelatedyproductsyareysold.
True False
10. Depreciationyonymanufacturingyequipmentyisyayproductycost.
True False
11. Manufacturingysalariesyandywagesyincurredyinytheyfactoryyareyperiodycosts.
True False
1-3
, 12.y Depreciationyonyofficeyequipmentywouldybeyincludedyinyproductycosts.
True False
13. Rentyonyayfactoryybuildingyusedyinytheyproductionyprocessywouldybeyclassifiedyasyayproductycostya
ndyasyayfixedycost.
True False
14. Ayfixedycostyremainsyconstantyifyexpressedyonyayunitybasis.
True False
15. Totalyvariableycostyisyexpectedytoyremainyunchangedyasyactivityychangesywithinytheyrelevantyr
ange.
True False
16. CountryyCharmyRestaurantyisyopeny24yhoursyaydayyandyalwaysyhasyayfireygoingyinytheyfireplaceyinyt
heymiddleyofyitsydiningyarea.yTheycostyofytheyfirewoodyforythisyfireyisyfixedywithyrespectytoytheynumb
eryofymealsyservedyatytheyrestaurant.
True False
17. Committedyfixedycostsyrepresentyorganizationalyinvestmentsywithyaymulti-
yearyplanningyhorizonythatycan'tybeysignificantlyyreducedyevenyforyshortyperiods.
True False
18. Commissionsypaidytoysalespersonsyareyayvariableysellingyexpense.
True False
1-4
