Acc310 module 3 quiz 2017
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Acc310 module 3 quiz 2017 ACC310 Module 3 Quiz 20 2
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Question
Question 1
For which of the following businesses would the job order cost system be appropriate?
auto repair shop
crude oil refinery
drug manufacturer
beer distillery
Question 2
Which of the following statements is (are) true?
(A). Activity-based costs per unit are greater than volume-based costs per unit.
(B). Volume-based costing has typically resulted in lower gross margins for high volume products and higher gross margins for low volume products.
Only A is true.
Only B is true.
Both...
- Exam (elaborations)
- • 5 pages's •
-
ACC310 Module 3 Quiz 2017•Acc310 module 3 quiz 2017
Preview 1 out of 5 pages
Question
Question 1
For which of the following businesses would the job order cost system be appropriate?
auto repair shop
crude oil refinery
drug manufacturer
beer distillery
Question 2
Which of the following statements is (are) true?
(A). Activity-based costs per unit are greater than volume-based costs per unit.
(B). Volume-based costing has typically resulted in lower gross margins for high volume products and higher gross margins for low volume products.
Only A is true.
Only B is true.
Both...
Question
Question 1
For which of the following businesses would the job order cost system be appropriate?
auto repair shop
crude oil refinery
drug manufacturer
beer distillery
Question 2
Which of the following statements is (are) true?
(A). Activity-based costs per unit are greater than volume-based costs per unit.
(B). Volume-based costing has typically resulted in lower gross margins for high volume products and higher gross margins for low volume products.
Only A is true.
Only B is true.
Both...
- Exam (elaborations)
- • 4 pages's •
-
Acc310 module 3 quiz 2017•Acc310 module 3 quiz 2017
Preview 1 out of 4 pages
Question
Question 1
For which of the following businesses would the job order cost system be appropriate?
auto repair shop
crude oil refinery
drug manufacturer
beer distillery
Question 2
Which of the following statements is (are) true?
(A). Activity-based costs per unit are greater than volume-based costs per unit.
(B). Volume-based costing has typically resulted in lower gross margins for high volume products and higher gross margins for low volume products.
Only A is true.
Only B is true.
Both...