ACCT 505 FINAL EXAM.

ACCT 505 FINAL EXAM. Question 1.1. (TCO E) Installing a custom logo on a boat is a(n) (Points : 10) batch-level activity. product-level activity. unit-level activity. organization sustaining activity. Question 2.2. (TCO G) Given the following data, what would ROI be? Sales $70,000 Net operating income $10,000 Contribution margin $20,000 Average operating assets $50,000 Stockholder's equity $25,000 (Points : 10) 28.6% 20.0% 40.0% 50.0% Page 2 Question 1.1. (TCO C) Aziz Corporation produces and sells a single product. Data concerning that product appear below. Selling price per unit $110.00 Variable expense per unit $38.50 Fixed expense per month $85,800 Required: Determine the monthly breakeven in either unit or total dollar sales. Show your work! (Points : 25) BEP (units) = fixed cost / contribution per unit = 85,800 / (110 - 38.50) = 1200 units (dollars) = 85,800 *110/71.5 = $132,000 Question 2.2. (TCO B) Carter Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below. Work in process, beginning: Units in beginning work-in-process inventor