Cost acct Study guides, Study notes & Summaries
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University of Louisiana, Lafayette - ACCT 526 Final Exam.
- Exam (elaborations) • 14 pages • 2023
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University of Louisiana, Lafayette - 
ACCT 526 Final Exam. 100% TRUSTED Answers, guidelines, workings and references.Units to Earn Target Income: Head-First Company plans to sell 4,400 bicycle helmets at $70 each in the coming year. Unit variable cost is $45 (includes direct materials, direct labor, 
variable factory overhead, and variable selling expense). Total fixed cost equals $50,300 (includes fixed factory overhead and fixed selling and administrative expense). 1. Calculate 
the number of ...
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ACCT 526 Midterm Exam_ Attempt review.
- Exam (elaborations) • 20 pages • 2023 Popular
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ACCT 526 Midterm Exam_ Attempt review.Detailed working, solutions, memo, notes & explanations.Question 1 
Correct 
1.00 points out of 1.00 
Question 2 
Correct 
1.00 points out of 1.00 
Dashboard / My courses / ACCT / Exam 1 / Midterm Exam 
Costs of completed but unsold products would be found in which account? 
Select one: 
a. nished goods inventory 
b. raw materials inventory 
c. cost of goods sold 
d. work in process inventory 
e. none of these 
The correct answer is: nished goods invento...
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ACCT 212 Week 5 Homework – Practice | Highly RATED PAPER | 100% Correct answers
- Exam (elaborations) • 22 pages • 2022
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ACCT 212 Week 5 Homework – Practice: 1. Question: a. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. 2. Question: b. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. 3. Question: c. Using weighted-average cost, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. (Round “Average Cost per unit” to 2 decimal places and all other answers to the nearest whole number.) 4. Questio...
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University of Louisiana, Lafayette ACCT 526 Mid Term Exam. 100% Verified Q And A.
- Exam (elaborations) • 48 pages • 2022
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University of Louisiana, Lafayette ACCT 526 Mid 
Term Exam. 
100% Verified Q And A. 
Started on Tuesday, February 15, 2022, 6:09 PM 
State Finished 
Completed on Tuesday, February 15, 2022, 7:09 PM 
Time taken 59 mins 11 secs 
Points 29.00/33.00 
Grade87.88 out of 100.00 
Question 1 
Correct 
1.00 points out of 1.00 
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Question text 
ULL Co. manufactures and sells 2,000 units of its product at a price of $30 per unit in a given year. Its per unit 
product cost is $13 per unit. ULL C...
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Acct 317 Cost Management Strategic Emphasis - Blocher - Test Bank
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Acct 317 Cost Management Strategic Emphasis - Blocher - Test Bank 
Acct 317 Cost Management Strategic Emphasis - Blocher - Test Bank 
Acct 317 Cost Management Strategic Emphasis - Blocher - Test Bank
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University of Louisiana, Lafayette - ACCT 526 Final Exam. Verified Document.
- Exam (elaborations) • 28 pages • 2022
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University of Louisiana, Lafayette - ACCT 526 Final 
Exam. Verified Document. 
Question 1 
Correct 
Mark 3.00 out of 
3.00 
Started on Tuesday, 10 October 2017, 8:42 PM 
State Finished 
Completed on Tuesday, 10 October 2017, 10:42 PM 
Time taken 2 hours 
Grade 153.00 out of 180.00 (85%) 
Overhead costs are assigned to production using an overhead application rate, 
whereas no such application rate is used to assign the costs of direct materials 
and direct labor to production. The reason for thi...
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Acct 317 Cost Management Strategic Emphasis - Blocher - Test Bank
- Exam (elaborations) • 65 pages • 2023
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Acct 317 Cost Management Strategic Emphasis - Blocher - Test Bank 
Acct 317 Cost Management Strategic Emphasis - Blocher - Test Bank 
Acct 317 Cost Management Strategic Emphasis - Blocher - Test Bank
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ACCT 526 final Exam 1005 Accurate!!
- Exam (elaborations) • 21 pages • 2024
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ACCT 526 final Exam 1005 Accurate!!A cost that is variable in nature but whose rate of change is not constant is called a: 
ant variable cost. 
etionary variable cost. 
-variable cost. 
tted variable cost. - ANSWERS-variable cost. 
 
Which of the following is an example of a variable cost for a manufacturing unit? 
a.Plant supervisor's salary 
b.Advertising cost 
c.Direct materials cost 
d.Lease payment - ANSWERSc.Direct materials cost 
 
Mahogany Company manufactures computer keyboards. The to...
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BUSINESS AND ECONOMICS DEPARTMENT ACCOUNTING, FINANCE AND INVESTMENT (ACCT 219 - COST ACCOUNTING) Latest Verified Review 2023 Practice Questions and Answers for Exam Preparation, 100% Correct with Explanations, Highly Recommended, Download to Score A+
- Exam (elaborations) • 6 pages • 2023
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BUSINESS AND ECONOMICS DEPARTMENT ACCOUNTING, FINANCE AND INVESTMENT (ACCT 219 - COST ACCOUNTING) Latest Verified Review 2023 Practice Questions and Answers for Exam Preparation, 100% Correct with Explanations, Highly Recommended, Download to Score A+ 
Question one 
a. Explain what is job costing and discuss briefly the main features of job 
costing. (6 Marks) 
b. Discuss briefly the reasons for companies declaring profit on uncompleted 
contracts. (4 Marks) 
c. On May 2009, Jenga ltd won a te...
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ACCOUNTING 211 Liberty University -ACCT 211 Exam 3 questions with answers
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ACCT 211 Exam 3(Ch. 7) Long-Term Assets 
Tangible Asset - correct answer Material: Land, buildings, equipment, etc. 
 
(Ch. 7) Long-Term Assets 
Intangible Asset - correct answer Non-material: Patents, trademarks, copyrights, etc. 
 
(Ch. 7) Long-Term Assets 
Tangible and intangible assets are recorded in the _____________________ - correct answer Balance sheet 
 
(Ch. 7) Long-Term Assets 
We record a __________________ at its cost PLUS all expenditures necessary - correct answer Long-term asset...
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