BUS 302L Managerial Acc Exam Questions and Answers 100% Pass

BUS 302L Managerial Acc Exam Questions and Answers 100% Pass A company sells pretzels for $1.50/bag. Their February ending inventory was $1,600. Marketing prepares the following forecast: January 15,000 bags February 12,000 bags March 16,000 bags Total 43,000 bags Projected sales for April are 13,000 bags. Try to maintain 10% of the next month's forecasted sales in inventory. What is the projected for March? - 13,000*10%= 1,300 March: 16,000 Feb ending inv: (1,600) =1,300+16,000-1,600 = 15,700 Same info as no 1. What is the sales budget for January? - Jan: 15,000 Feb: 12,000*10%=1,200 16,200*1.50 =24,300 budgets are - uses by individuals, staffs, managers department 2COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED management accounting place more emphases on which of the following: - future activities a listing of line item that the organization will use to classify its accounting information is - balance sheet RABBIT - $11.00 the brothers sell pretzels for $150 per bag, marketing prepares the following sales forecast for the 1st quarter of the year - (15,000+12,000+16,000=43,000 43,000*150= 6,450,000) compute the fixed cost DM: 100,000 DL: 150,000 OH: 75,000 Sales: 120,000 - Fixed cost will be overhead 75,000 or none of the above the primary purpose for carrying on "cost accounting activity" is - to plan operation NPV and IRR no true - NPV alone can be used to compare investments of different sizes company z (long question) what is the fixed cost? - 20% of the sales revenue The amount of overhead applied to a product or service is normally calculated by. - divide estimate overhead by estimated units of the cost driver comparing actual outcomes with budget outcomes, then following up, is an example of - operating activities 3COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED which of the following is typically a starting point for the budget process? - a sales budget Selected sales and cost data for a special job are given below Direct material used 100,000 Direct labor 150,000 Factory overhead (100% direct, 40% variable) 75,00