Product costing Study guides, Class notes & Summaries
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WGU C428 Exam Questions and Answers| ALREADY PASSED |2024 LATEST UPDATE
- Exam (elaborations) • 27 pages • 2023
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WGU C428 Exam Questions and Answers| ALREADY PASSED |2024 LATEST UPDATE 
Activity-based costing (ABC): 
A.	can be used only in a process cost system. 
B.	focuses on units of production. 
C.	focuses on activities performed to produce a product. 
D.	uses only a single basis of allocation.
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MAC3701 Assignment 1 Semester 1 2023
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MAC3701 Assignment 1 Semester 1 2023 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on 079 811 9845 . 
QUESTION 1 Which one of the following is not a characteristic of activity-based-costing (��ABC”) system? A. Because of the extensive number of cost drivers that must be identified and measured, this costing system can be prohibitively expensive to implement and operate. B. The allocation basis is referred to as ‘cost driver’, as a cause-and-effec...
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MAC3701 Assignment 1 (ANSWERS) 2023 - DISTINCTION GUARANTEED
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Well-structured MAC3701 Assignment 1 (ANSWERS) 2023 - DISTINCTION GUARANTEED . (DETAILED ANSWERS - DISTINCTION GUARANTEED!). .... Question 
1 
Complete 
Marked out of 1.00 
QUIZ 
Tshintsha (Pty) Ltd is a manufacturer of three types of inverters namely grid-tied, off-grid and hybrid inverters. Tshintsha uses an absorptioncosting system. The following information is available for the fi nancial year ended 29 February 2024: 
Product 
Grid-tied 
Off-grid 
Hybrid 
Budgeted number of inverters produc...
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HFMA'S CSAF EXAM 2024 WITH 100% CORRECT ANSWERS
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HFMA'S CSAF EXAM 2024 WITH 100% CORRECT ANSWERS 
 
 
Contribution Margin - correct answer Difference between marginal revenue and marginal cost. 
 
Break-even point - correct answer Level of sales volume of a product producing the exact amount of contribution margin needed to cover fixed costs. 
 
Overhead - correct answer Indirect Costs 
 
Activity-based costing (ABC) - correct answer Method of determining product costs using cost drivers or activity measures, which cause indirect costs to be ...
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SOLUTIONS MANUAL for Accounting 28th Edition by Carl Warren, Christine Jonick & Jennifer Schneider. ISBN 9781337913256 All Chapters A+
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SOLUTIONS MANUAL for Accounting 28th Edition by Carl Warren, Christine Jonick & Jennifer Schneider. ISBN 9781337913256 All Chapters A+ TABLE OF CONTENTS: Chapter 1: Introduction to Account ing and Business Chapter 2: Analyzing Transactions Chapter 3: The Adjusting Process Chapter 4: Completing the Accounting Cycle Chapter 5: Accounting Systems Chapter 6: Accounting for Merchandising Businesses Chapter 7: Inventories Chapter 8: Internal Control and Cash Chapter 9: Receivables Chapter 10: Long-Ter...
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SOLUTIONS MANUAL for Accounting 28th Edition by Carl Warren, Christine Jonick & Jennifer Schneider. ISBN 9781337902687 Chapters 1-26 Complete Guide.
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SOLUTIONS MANUAL for Accounting 28th Edition by Carl Warren, Christine Jonick & Jennifer Schneider. ISBN 9781337902687 Chapters 1-26 Complete Guide. TABLE OF CONTENTS: Chapter 1: Introduction to Account ing and Business Chapter 2: Analyzing Transactions Chapter 3: The Adjusting Process Chapter 4: Completing the Accounting Cycle Chapter 5: Accounting Systems Chapter 6: Accounting for Merchandising Businesses Chapter 7: Inventories Chapter 8: Internal Control and Cash Chapter 9: Receivables Chapte...
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WGU C213 Accounting for Decision Makers 2023/ 2024 Exam | Questions and Verified Answers | A Grade
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WGU C213 Accounting for Decision Makers 2023/ 2024 Exam | Questions and Verified Answers | A Grade 
 
Q: What is the cost to maintain Central Park? 
 
Opportunity cost: How much rent could the City of New York get by subleasing some of the Central Park land? 
 
 
 
Q: Which of the following is NOT true of period costs? 
 
 
Answer: 
They may appear on the balance sheet as inventory. 
 
 
 
Q: The Zig-Zag Company manufactures zippers for many clothing manufacturers. Costs for the year were direct...
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MAC3701 EXAM PACK 2023
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QUESTION 1: COST CLASSIFICATION & 
BEHAVIOUR; BUDGETING & PLANNING; 
ADVANCED CVP ANALYSIS; STANDARD 
COSTING; TRANSFER PRICING; DIRECT - & 
ABSORPTION COSTING; PERFORMANCE 
MANAGEMENT; RELEVANT DECISION – 
MAKING – OPTIMISATION & ETHICAL, SOCIAL & 
OTHER RELATED MATTERS 
(a) Costs that are included in PW`s other direct variable manufacturing costs 
(DVMC) 
 Metal body shells: 
 Electrical wiring including entertainment centres 
 Seats 
 Engine 
These costs can be traced to the...
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AACE CCT Primer Questions With Complete Solutions.
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The sum of the practices and processes that an enterprise uses to manage the total life cycle cost investment in its portfolio of strategic assets is called _________ correct answer: Total Cost Management 
 
______ is the application of scientific principles and techniques to problems of : 
 - estimation 
 - cost control 
 - business planning & management science 
 - profitability analysis 
 - project management 
 - planning & scheduling correct answer: Cost Engineering 
 
_______ Is the value...
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MAC3701 Assignment 2 (DETAILED ANSWERS) Semester 2 2023 - DUE 11 September 2023
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MAC3701 Assignment 2 (DETAILED ANSWERS) Semester 2 2023 - DUE 11 September 2023 100% TRUSTED workings, explanations and solutions. For assistance call or Whatsapp us on +25477 954 0132 . 
QUESTION 1 (continued) 
REQUIRED 
For each question below, remember to: 
• Clearly show all your calculations in detail; 
• Where necessary, indicate irrelevant amounts/adjustments with an R0 (nil-value); 
• Round all your workings to two decimals, except where otherwise stated; and 
• Ignore all ...
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