ACC 561 Final Exam Guide 2018
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Latest notes & summaries ACC 561 Final Exam Guide 2018
1. The investigation of materials price variance usually begins in the:
controller’s office.
accounts payable department.
first production department.
purchasing department
2. Hollis Industries produces flash drives for computers, which it sells for $20 each. Each flash drive costs $13 of variable costs to make. During April, 1,000 drives were sold. Fixed costs for March were $2 per unit for a total of $1,000 for the month. How much is the contribution margin ratio?
35%
25%
75%
65%
3. Which of...
- Exam (elaborations)
- • 12 pages's •
-
ACC 561 Final Exam Guide 2018•ACC 561 Final Exam Guide 2018
Preview 1 out of 12 pages
1. The investigation of materials price variance usually begins in the:
controller’s office.
accounts payable department.
first production department.
purchasing department
2. Hollis Industries produces flash drives for computers, which it sells for $20 each. Each flash drive costs $13 of variable costs to make. During April, 1,000 drives were sold. Fixed costs for March were $2 per unit for a total of $1,000 for the month. How much is the contribution margin ratio?
35%
25%
75%
65%
3. Which of...
1. The investigation of materials price variance usually begins in the:
controller’s office.
accounts payable department.
first production department.
purchasing department
2. Hollis Industries produces flash drives for computers, which it sells for $20 each. Each flash drive costs $13 of variable costs to make. During April, 1,000 drives were sold. Fixed costs for March were $2 per unit for a total of $1,000 for the month. How much is the contribution margin ratio?
35%
25%
75%
65%
3. Which of...
- Exam (elaborations)
- • 12 pages's •
-
ACC 561 Final Exam Guide 2018•ACC 561 Final Exam Guide 2018
Preview 1 out of 12 pages
1. The investigation of materials price variance usually begins in the:
controller’s office.
accounts payable department.
first production department.
purchasing department
2. Hollis Industries produces flash drives for computers, which it sells for $20 each. Each flash drive costs $13 of variable costs to make. During April, 1,000 drives were sold. Fixed costs for March were $2 per unit for a total of $1,000 for the month. How much is the contribution margin ratio?
35%
25%
75%
65%
3. Which of...
1. The investigation of materials price variance usually begins in the:
controller’s office.
accounts payable department.
first production department.
purchasing department
2. Hollis Industries produces flash drives for computers, which it sells for $20 each. Each flash drive costs $13 of variable costs to make. During April, 1,000 drives were sold. Fixed costs for March were $2 per unit for a total of $1,000 for the month. How much is the contribution margin ratio?
35%
25%
75%
65%
3. Which of...
- Exam (elaborations)
- • 12 pages's •
-
ACC 561 Final Exam Guide 2018•ACC 561 Final Exam Guide 2018
Preview 1 out of 12 pages
1. The investigation of materials price variance usually begins in the:
controller’s office.
accounts payable department.
first production department.
purchasing department
2. Hollis Industries produces flash drives for computers, which it sells for $20 each. Each flash drive costs $13 of variable costs to make. During April, 1,000 drives were sold. Fixed costs for March were $2 per unit for a total of $1,000 for the month. How much is the contribution margin ratio?
35%
25%
75%
65%
3. Which of...