Stichworte manufacturing costs

Stichworte: manufacturing costs

Which of the following costs will vary directly with the level of production Mcq?

Which of the following costs will vary directly with the level of production Mcq?

How can the use of vpns in the workplace contribute to lower operating costs?

How can the use of vpns in the workplace contribute to lower operating costs?

What is the difference between manufacturing processes and service processes?

What is the difference between manufacturing processes and service processes?

Continuous manufacturing means; products are made with constant interruption in the production line.

Continuous manufacturing means; products are made with constant interruption in the production line.

Is an input measure of the resource costs associated with goal accomplishment?

Is an input measure of the resource costs associated with goal accomplishment?

Which of the following costing systems is the only one to use estimated costs?

Which of the following costing systems is the only one to use estimated costs?

If a firm uses variable costing, fixed manufacturing overhead will be included

If a firm uses variable costing, fixed manufacturing overhead will be included

All of the following are various types of e marketing costs incurred by site developers except

All of the following are various types of e marketing costs incurred by site developers except

True or false: direct costs are very difficult to measure and, thus, are often estimated.

True or false: direct costs are very difficult to measure and, thus, are often estimated.

What are some possible reasons for high and rising costs of health care Quizlet

What are some possible reasons for high and rising costs of health care Quizlet

Each of the following organizations would most likely use job costing except ________.

Each of the following organizations would most likely use job costing except ________.

Match the types of channel costs in the left column to the correct description in the right column.

Match the types of channel costs in the left column to the correct description in the right column.

The computation of equivalent annual costs is useful when comparing projects with _____ lives.

The computation of equivalent annual costs is useful when comparing projects with _____ lives.

Labor costs that can be easily and conveniently traced to specific products are

Labor costs that can be easily and conveniently traced to specific products are

When standard overhead costs are charged to production during the period, ______

When standard overhead costs are charged to production during the period, ______

What is the primary reason that the loss of manufacturing jobs hurts the financial well being of Americas workers?

What is the primary reason that the loss of manufacturing jobs hurts the financial well being of Americas workers?

If a firm uses absorption costing, fixed manufacturing overhead will be included

If a firm uses absorption costing, fixed manufacturing overhead will be included

Why cant traditional product costing systems account for costs of volume diversity?

Why cant traditional product costing systems account for costs of volume diversity?

Which of the following costs should be capitalized in the costs of acquiring a building?

Which of the following costs should be capitalized in the costs of acquiring a building?

What term describes a philosophy in which similar parts are grouped into families and the processes to make the parts are arranged into manufacturing cells?

What term describes a philosophy in which similar parts are grouped into families and the processes to make the parts are arranged into manufacturing cells?

Which AWS service offers guidance on how you can further optimize your costs and identify areas to save money?

Which AWS service offers guidance on how you can further optimize your costs and identify areas to save money?

What is the advantage for a business that uses offshoring in their manufacturing process?

What is the advantage for a business that uses offshoring in their manufacturing process?

The method for allocating service department costs that requires the least clerical work is

The method for allocating service department costs that requires the least clerical work is

Under which of the following terms will the buyer be required to pay transportation costs?

Under which of the following terms will the buyer be required to pay transportation costs?

Under the absorption costing, the following are considered as product costs except

Under the absorption costing, the following are considered as product costs except

When the goods are sold their costs are transferred from work in process to finished goods True or false?

When the goods are sold their costs are transferred from work in process to finished goods True or false?

The primary purpose for allocating common costs to joint products is to determine

The primary purpose for allocating common costs to joint products is to determine

Can companies successfully pursue low costs and differentiation at the same time?

Can companies successfully pursue low costs and differentiation at the same time?

Which inventory costing methods are based on assumptions that accountants make about the flow of inventory costs?

Which inventory costing methods are based on assumptions that accountants make about the flow of inventory costs?

When costs can be traced to a particular cost object in an economically feasible way the cost is a quizlet?

When costs can be traced to a particular cost object in an economically feasible way the cost is a quizlet?

When costs can be traced to a particular cost object in an economically feasible way the cost is a direct cost?

When costs can be traced to a particular cost object in an economically feasible way the cost is a direct cost?

Which one of the following costs was incurred in the past and Cannot be recouped select one incremental side sunk opportunity erosion?

Which one of the following costs was incurred in the past and Cannot be recouped select one incremental side sunk opportunity erosion?

Which one of the following costs was incurred in the past and Cannot be recouped select one A incremental B side C sunk D opportunity E erosion?

Which one of the following costs was incurred in the past and Cannot be recouped select one A incremental B side C sunk D opportunity E erosion?

Assume a manufacturing company is deciding whether to make or buy a component part

Assume a manufacturing company is deciding whether to make or buy a component part

Under a blank______ pricing strategy, prices are set high to quickly recover development costs.

Under a blank______ pricing strategy, prices are set high to quickly recover development costs.

Costs incurred by a company that may develop its own goodwill internally should be

Costs incurred by a company that may develop its own goodwill internally should be

Which of the following statements is not true of manufacturing company accounting?

Which of the following statements is not true of manufacturing company accounting?

When inventory costs are rising, this method yields the highest cost of goods sold.

When inventory costs are rising, this method yields the highest cost of goods sold.

Which of the following costs changes in direct proportion to a change in the activity level?

Which of the following costs changes in direct proportion to a change in the activity level?

Which of the following would not be included in the value chain of manufacturing company?

Which of the following would not be included in the value chain of manufacturing company?

Which of the following is an advantage of using practical capacity to allocate costs?

Which of the following is an advantage of using practical capacity to allocate costs?

Which of the following is the most ethical action a company can take if a product does not live up to manufacturing claims the company must?

Which of the following is the most ethical action a company can take if a product does not live up to manufacturing claims the company must?

One important difference between service companies and manufacturing companies is that

One important difference between service companies and manufacturing companies is that

When an organization implements a division of labor the result is that the organization grows along with operating costs?

When an organization implements a division of labor the result is that the organization grows along with operating costs?

In a lean manufacturing organization the emphasis is on cost, efficiency, and hierarchy

In a lean manufacturing organization the emphasis is on cost, efficiency, and hierarchy

At the time scientific management was introduced to U.S. manufacturing craft unions were

At the time scientific management was introduced to U.S. manufacturing craft unions were

What are the three costs that are added to Work in Process accounts of a manufacturing company?

What are the three costs that are added to Work in Process accounts of a manufacturing company?

Why should a service departments budgeted costs rather than its actual costs be charged to operating departments quizlet?

Why should a service departments budgeted costs rather than its actual costs be charged to operating departments quizlet?

Standard costs are Preset costs for delivering a product or service under normal conditions

Standard costs are Preset costs for delivering a product or service under normal conditions

Is a segment of an organisation whose manager is responsible for both revenues and costs?

Is a segment of an organisation whose manager is responsible for both revenues and costs?

Does the standard unemployment rate underestimate or overestimate the employment problem?

Does the standard unemployment rate underestimate or overestimate the employment problem?

______ resource prices raise production costs and, assuming a fixed product price, ______ profits.

resource prices raise production costs and, assuming a fixed product price, profits.

The present value of $200,000 development costs in year 0 assuming a 10% discount rate is:

The present value of $200,000 development costs in year 0 assuming a 10% discount rate is:

Which of the following costs is relevant in deciding whether to sell joint product at split

Which of the following costs is relevant in deciding whether to sell joint product at split

For a supervisor of a manufacturing department, which of the following costs are controllable

For a supervisor of a manufacturing department, which of the following costs are controllable

All costs that are incurred between the split-off point and the point of sale are known as

All costs that are incurred between the split-off point and the point of sale are known as

Which of the following principles in the Belmont Report includes balancing potential costs and benefits to research participants?

Which of the following principles in the Belmont Report includes balancing potential costs and benefits to research participants?

Service operations are non manufacturing operations which also converts input into outputs which are

Service operations are non manufacturing operations which also converts input into outputs which are

What are the three inventory accounts used to record manufacturing cost in what order are these accounts used?

What are the three inventory accounts used to record manufacturing cost in what order are these accounts used?

Companies with large amounts of fixed costs will generally have a high operating leverage.

Companies with large amounts of fixed costs will generally have a high operating leverage.

The tendency of firms to extend sales ownership and manufacturing to new markets abroad is

The tendency of firms to extend sales ownership and manufacturing to new markets abroad is

The cost of land typically includes the purchase price and all of the following costs except

The cost of land typically includes the purchase price and all of the following costs except

Which inventory method will result in the lowest reported net income during periods with rising costs group of answer choices?

Which inventory method will result in the lowest reported net income during periods with rising costs group of answer choices?

Moneys collected in advance from borrowers to assure the payment of recurring costs are known as:

Moneys collected in advance from borrowers to assure the payment of recurring costs are known as:

Which cost accumulation is most applicable in continuous mass production manufacturing environment?

Which cost accumulation is most applicable in continuous mass production manufacturing environment?

What term is used to refer to the cost that are indirectly associated with the manufacture of the finished product?

What term is used to refer to the cost that are indirectly associated with the manufacture of the finished product?

Manufacturing cost per unit will be higher under variable costing than under absorption costing.

Manufacturing cost per unit will be higher under variable costing than under absorption costing.

Are selling and administrative expenses treated as product costs or period costs under variable costing What about manufacturing overhead MOH costs?

Are selling and administrative expenses treated as product costs or period costs under variable costing What about manufacturing overhead MOH costs?

Using absorption costing, which of the following manufacturing costs are assigned to products?

Using absorption costing, which of the following manufacturing costs are assigned to products?

Cost of goods manufactured is to a manufacturing enterprise as is to a merchandising enterprise

Cost of goods manufactured is to a manufacturing enterprise as is to a merchandising enterprise

The manager of a(n) center has control over costs, revenue, and investments in operating assets.

The manager of a(n) center has control over costs, revenue, and investments in operating assets.

Which financial statement shows a firms bottom line its profit or loss after costs expenses and taxes for a specific period?

Which financial statement shows a firms bottom line its profit or loss after costs expenses and taxes for a specific period?

What results from the added costs incurred as a result of exporting products from one country to another quizlet?

What results from the added costs incurred as a result of exporting products from one country to another quizlet?

What pricing concept is used if all costs are considered and a fair markup is added to determine the selling price quizlet?

What pricing concept is used if all costs are considered and a fair markup is added to determine the selling price quizlet?

Is the effort expended to identify those factors that are the root causes of activity costs?

Is the effort expended to identify those factors that are the root causes of activity costs?

What is the difference between a manufacturing business and a merchandising business give an example of each type of business?

What is the difference between a manufacturing business and a merchandising business give an example of each type of business?

How did the introduction of assembly line manufacturing influence business during the gilded age?

How did the introduction of assembly line manufacturing influence business during the gilded age?

What causes any differences between costs and profitability between traditional and ABC systems?

What causes any differences between costs and profitability between traditional and ABC systems?

To identify the best cost driver for a particular allocation consideration should be given to

To identify the best cost driver for a particular allocation consideration should be given to

Which of the following are the variable costs relative to number of units produced and sold?

Which of the following are the variable costs relative to number of units produced and sold?

Which of the following terms best represents the systematic reductions in production costs that have been observed to occur over the life of a product?

Which of the following terms best represents the systematic reductions in production costs that have been observed to occur over the life of a product?

The first step in setting the right price for a new product is to estimate demand, costs and profits

The first step in setting the right price for a new product is to estimate demand, costs and profits

Which term describes when an outsourcing decision refers to the components of a manufacturing product?

Which term describes when an outsourcing decision refers to the components of a manufacturing product?

Is pursued primarily by manufacturing firms and _____ is employed primarily by service firms

Is pursued primarily by manufacturing firms and _____ is employed primarily by service firms

Which of the following is the type of costs have not yet been incurred but will be incurred in future because of decisions that have already been taken?

Which of the following is the type of costs have not yet been incurred but will be incurred in future because of decisions that have already been taken?

True or false: in a manufacturing process, capacity is always measured in outputs, never in inputs.

True or false: in a manufacturing process, capacity is always measured in outputs, never in inputs.

Thompson manufacturing implemented a decision support system (dss) with the goal of ________.

Thompson manufacturing implemented a decision support system (dss) with the goal of ________.

Which of the following statements represents a similarity between financial and management accounting?

Which of the following statements represents a similarity between financial and management accounting?

Which of the following is not a significant difference between manufacturing and service operations

Which of the following is not a significant difference between manufacturing and service operations

Which of the following is the rationale behind the development of flexible manufacturing techniques?

Which of the following is the rationale behind the development of flexible manufacturing techniques?

Scms makes lean manufacturing processes such as just-in-time inventory practical. scms stands for:

Scms makes lean manufacturing processes such as just-in-time inventory practical. scms stands for:

When a firm buys on the marketplace what it Cannot make itself the costs incurred are referred to as costs?

When a firm buys on the marketplace what it Cannot make itself the costs incurred are referred to as costs?

What are the main elements necessary for ensuring that costs are appropriately charged quizlet?

What are the main elements necessary for ensuring that costs are appropriately charged quizlet?

Which of the following might you find in a job description for a managerial accountant in a manufacturing company?

Which of the following might you find in a job description for a managerial accountant in a manufacturing company?

What do you call the earning of a business after all the costs have been deducted from total sales?

What do you call the earning of a business after all the costs have been deducted from total sales?

What accounted for the relocation of manufacturing operations into urban areas after the civil war?

What accounted for the relocation of manufacturing operations into urban areas after the civil war?

What would be the most profitable location for an ethanol manufacturing plant that converts corn into alcohol for use as as additive for gasoline?

What would be the most profitable location for an ethanol manufacturing plant that converts corn into alcohol for use as as additive for gasoline?