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ACC 241 Exam 3 ASU Dallmus Questions with complete solution 2025/2026 Relevant costs are costs that differ between alternatives.When making the decision, the company should consider relevant costs. Relevant costs are also called differential costs, incremental costs, or avoidable costs. - correct answer relevant costs -Whether excess capacity exists -Whether the special order will affect regular sales in the long run -Whether the special price will be high enough to cover incremental ...

ACC 241 EXAM 2 Question and answers already passed 2025/2026 variable cost ( slope) - correct answer change in cost/ change in volume Total fixed costs - correct answer total operating cost - total varible cost Variable Sales Rate - correct answer Variable Expesnes/ Sales ( x + x ) / x= Break Even Income - correct answer ( Fixed expenses + Operating Income) / Contribution Margin Ratio Contribution Margin Ratio : - correct answer CM / Sales Rev Break Even Sales Per Uni...

ACC 241 Exam 1 Questions with complete solution 2025/2026 Primary responsibilities of a manager - correct answer Planning - setting goals for company and determining how to achieve them Directing - overseeing companies day to day operation Controlling - evaluating results of the business operation against the plan and making adjustments to keep company pressing towards goal Evaluating management accounting - correct answer specializes in the study of how managers use accounting and/...

ACC 241 Exam 1 Questions with complete solution 2025/2026 4 Primary responsibilities of a manager - correct answer Decision making- identifying alternative courses of action and choosing among them Planning-setting goals and objectives for the company and determining how to achieve them Directing- overseeing the companies day to day operations; management uses sales/cost information by store, region, distribution c

ACC 241 Exam 1 Question and answers verified to pass 2025/2026 Planning, directing, and controlling are a manager's three primary responsibilities - correct answer True In the manufacturing firm, manufacturing costs and product costs are the same - correct answer True If the finished goods inventory decreases between the beginning and the end of a period, then the cost of goods manufactured for the period is larger than the cost of goods sold - correct answer False A plant-w...

ACC 241 Exam 1 Question and answers correctly solved 2025/2026 The main focus of managerial accounting is: - correct answer decision making What are objectives of Management accounting? - correct answer 1. to provide information for planning, controlling, evaluating and continuous improvement 2. to provide information for decision making 3. to provide information for costing of services, products, and other objects of interest to management What is TRUE about managerial acco...

ACC 241 Exam 1 Formulas Question and answers already passed 2025/2026 estimated amount of MOH / estimated amount of cost driver - correct answer PDOR PDOR x Actual cost driver cost - correct answer Applied MOH overapplied - decrease COGS - correct answer Actual < applied underapplied - increase COGS - correct answer actual > applied total increases, unit stays - correct answer variable costs total stays, unit decreases - correct answer fixed costs total inc...

ACC 241 Exam 1 ASU Dallmus Question and answers rated A+ 2025/2026 The four primary responsibilities of a manager - correct answer Planning Directing Controlling Decision Making planning - correct answer setting goals and objectives for the company and determining how to achieve them Directing - correct answer overseeing the companies day to day operations Controlling - correct answer evaluating results of the business operation against the plan and making adjustments t...

Acc 241 exam 1 3-4 Question and answers correctly solved 2025/2026 process costing - correct answer mass production of identical products, produced with uniform steps or processes, averages costs across all units produced (cereal or light bulbs) job costing - correct answer unique custom order products, small batches of different products, professional services, orders, batches and client engagements are jobs, costs for each job are accumulated (commercial buildings) inventory flow ...

Acc 241 Ch 8 Question and answers already passed 2025/2026 In a special sales order decision, incremental fixed costs that will be incurred if the special order is accepted are considered to be - correct answer relevant to the decision Which of the following would be a consideration for ''sell as is or process furhter'' decisions? - correct answer Costs involved in further processing, revenue generated if ''further processed'', revenue generated if sold as if