Chapter 20(5)
Variable Costing For Management Analysis
OBJECTIVES
Obj1Describe and illustrate income reporting under variable costing and absorption
costing.
Obj 2Describe and illustrate income analysis under variable costing and absorption
costing.
Obj 3Describe and illustrate management’s use of variable costing and absorption costing
for controlling costs, pricing products, planning production, analyzing contribution
margins, and analyzing market segments.
Obj 4Use variable costing for analyzing market segments including product, territories,
and salespersons segments.
Obj 5Use variable costing for analyzing and explaining changes in contribution margin as
a result of quantity and price factors.
Obj 6Describe and illustrate the use of variable costing for service firms.
QUESTION GRID
True/False
No
.
Objectiv
e
Difficult
y
No
.
Objectiv
e
Difficult
y
No
.
Objectiv
e
Difficulty
120(5)-01Easy2320(5)-01Difficult45 20(5)-03Easy
220(5)-01Easy2420(5)-01Difficult4620(5)-04Easy
320(5)-01Easy2520(5)-01Difficult4720(5)-04 Difficult
420(5)-01Easy2620(5)-01Difficult4820(5)-04Difficult
520(5)-01Easy2720(5)-01Difficult4920(5)-04 Easy
620(5)-01Easy2820(5)-01Difficult5020(5)-04Difficult
720(5)-01Easy2920(5)-01Difficult5120(5)-04Easy
820(5)-01Easy3020(5)-01Difficult5220(5)-04Easy
920(5)-01Difficult3120(5)-01Difficult5321-05Easy
1020(5)-01 Difficult3220(5)-01Difficult5421-05Easy
1120(5)-01Difficult3320(5)-01Difficult5521-05Easy
12 20(5)-01Difficult3420(5)-01Difficult5621-05Easy
1320(5)-01Easy3520(5)-01Difficult5721-05Easy
1420(5)-01 Easy3620(5)-02Difficult5821-05Easy
1520(5)-01Easy3720(5)-02Difficult5921-05Easy
1620(5)-01Easy38 20(5)-02Difficult6021-05Easy
1720(5)-01Easy3920(5)-03Difficult6121-05Difficult
1820(5)-01Easy4020(5)-03 Difficult6221-06Moderate
1920(5)-01Easy4120(5)-03Difficult6321-06Moderate
2020(5)-01Easy4220(5)-03Easy64 21-06Moderate
2120(5)-01Easy4320(5)-03Easy6521-06Easy
2220(5)-01Easy4420(5)-03Easy
159