BUS 5431 Final Exam 1, Questions With Answers.Your test grade is 95.65%
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BUS 5431 Final Exam 1, Questions With Answers.Your test grade is 95.65%
The professor has configured this test to allow students to:
Show Questions Answered Correctly
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QUESTION: 1
[QUESTION BANK ID: 122393]
TYPE: MULTIPLE CHOICE
CORRECT
Moe’s Machines has the following costs in a period when production is 2,000 units: Direct materials, $8,500; direct labor (variable), $9,000; straight-line
depreciation, $800; rent (same every month), $1,200; and other fixed costs, $1,000. If production changes to 1,800 units, the total variable costs and total fixed
costs will be
A
$17,500 and $3,000.
B
$15,750 and $3,000.
C
$17,500 and $2,700.
D
$15,750 and $2,700.
QUESTION: 2
[QUESTION BANK ID: 69443]
TYPE: MULTIPLE CHOICE
CORRECT
Tangerine Company plans to sell 20,000 units next year and has budgeted sales of $500,000 and profits of $60,000. Variable costs are projected to be $15 per
unit. Apricot Company offers to pay $50,000 to buy 3,000 units from Tangerine. This offer does not affect Tangerine’s other planned operations. The incremental
revenues for this situation are
A
$50,000.
B
$60,000.
C
$45,000.
D
$65,000.
QUESTION: 3
[QUESTION BANK ID: 115007]
TYPE: MULTIPLE CHOICE
CORRECT
Equivalent units for the molding department totaled 20,600 during November. Nineteen thousand units were transferred out to the finishing department. If the
items remaining in ending inventory are 40% complete, how many units are in ending inventory?
A
1,600
B
4,000
C
6,400
D
640
QUESTION: 4
[QUESTION BANK ID: 320846]
TYPE: MULTIPLE CHOICE
CORRECT
Messenger
Status (busy/available)
Data for the Shady Sales Company for the month of October is as follows:
Beginning Ending
Raw materials inventory $60,000 $70,000
Work-in-process inventory $85,000 $65,000
Finished goods inventory $100,000 $110,000
Raw materials purchased
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