EXAM WITH ACTUAL QUESTIONS AND
COMPLETE 100% VERIFIED CORRECT
AND WELL EXPLAINED ANSWERS WITH
RATIONALES GRADED A+ BY EXPERTS
|LATEST VERSION 2024 WITH
GUARANTEED SUCCESS AFTER
DOWNLOAD ALREADY PASSED!!!!!!!
(PROVEN ITS ALL YOU NEED TO EXCEL
IN YOUR EXAMS
,
, 13. If overhead is underapplied, which statement is true?
a.Actual costs exceed applied costs
b.Applied costs exceed actual costs
c.Costs will not be affected
d. Budgeted and applied costs will be equal a
14. Which of the following is not an example of a cost driver?
a.Miles driven
b.Selling costs
c.Machine hours
d. Number of customers b
15. Which item is a period cost?
Manufacturing supplies
Overhead directly tied to the production facility
Raw materials
Marketing expense d
16. Which overhead allocation method should be used for a trash bag manufacturer?
a. Product-line costing
b. Process costing
c. ABC costing
d . Job order costing b
17. For relevant range, which costs are approximately linear within a certain range of production?
a. Fixed costs
b. Variable costs
c. Stepped costs
d. Mixed costs b
18. Which of the following focuses on how a company's activity levels impact profits?