ACTG-6144 - Cost Accounting and Control oed answer key
Showing 1 to 20 of 101 total answers.
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Awesome StudentQuestion • Cost Accounting and Control
Prime costs consist of:
Answer
direct labor and direct materials
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Awesome StudentQuestion • Cost Accounting and Control
Manufacturing overhead includes:
Answer
all manufacturing costs except direct labor and direct materials
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Awesome StudentQuestion • Cost Accounting and Control
What is the amount of income tax?
Answer
P62,500
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Awesome StudentQuestion • Cost Accounting and Control
Period Costs are also inventoriable costs.
Answer
FALSE
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Awesome StudentQuestion • Cost Accounting and Control
Product Costs are also inventoriable costs
Answer
TRUE
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Awesome StudentQuestion • Cost Accounting and Control
Overriding criteria of financial accounting
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Awesome StudentQuestion • Cost Accounting and Control
Overriding criteria of managerial accounting
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Awesome StudentQuestion • Cost Accounting and Control
Scope of information of financial accounting
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Awesome StudentQuestion • Cost Accounting and Control
Which of the following is NOT a period cost?
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Awesome StudentQuestion • Cost Accounting and Control
It is a cycle of processes in an organization
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Awesome StudentQuestion • Cost Accounting and Control
Period Costs are treated as outright expenses
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Awesome StudentQuestion • Cost Accounting and Control
Scope of information of managerial accounting
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Awesome StudentQuestion • Cost Accounting and Control
Actual Cost is a past cost or historical cost.
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Awesome StudentQuestion • Cost Accounting and Control
Purpose of information of financial accounting
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Awesome StudentQuestion • Cost Accounting and Control
Purpose of information of managerial accounting
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Awesome StudentQuestion • Cost Accounting and Control
What amount of overhead is applied to Job #100?
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Awesome StudentQuestion • Cost Accounting and Control
What amount of overhead is applied to Job #200?
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Awesome StudentQuestion • Cost Accounting and Control
Q: What is the amount of desired profit before tax?
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Awesome StudentQuestion • Cost Accounting and Control