Acc310 module 3 quiz 2017

ACC310 Module 3 Quiz 2017 Last document update:   ago

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...

Acc310 module 3 quiz 2017 Last document update:   ago

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...