71) Important factors considered by sales forecasters include all of the following except _____.
A. marketing research studies
B. the desired level of sales
C. past patterns of sales
D. competitors’ activities
72) Effectiveness is indicated by _____.
A. static-budget variances
B. all of these answers are correct
C. sales-activity variances
D. flexible-budget variances
73) _____ is an important factor considered by sales forecasters.
A. Estimates made by the sales force
B. All of these answers are correct
C. Past patterns of sales
D. General economic conditions
74) At the break-even point of 2,000 units, variable costs are $55,000, and fixed costs are $32,000. How much is the selling price per unit?
A. $11.50.
B. Not enough information
C. $43.50.
D. $16.00.
75) A company has total fixed costs of $120,000 and a contribution margin ratio of 20%. The total sales necessary to break even are
A. $600,000.
B. $144,000.
C. $480,000.
D. $150,000.
76) A cost which remains constant per unit at various levels of activity is a
A. fixed cost.
B. manufacturing cost.
C. variable cost.
D. mixed cost.
77) For an activity base to be useful in cost behavior analysis,
A. there should be a correlation between changes in the level of activity and changes in costs.
B. the activity level should be constant over a period of time.
C. the activity should always be stated in dollars.
D. the activity should always be stated in terms of units.
78) An absorption-costing income statement separates cost into the major categories of_____.
A. product and period
B. all of these answers are correct
C. manufacturing and nonmanufacturing
D. inventoriable and noninventoriable
79) The _____ is/are NOT a difference between the standard absorption-costing format and the variable-costing format.
A. presentation of direct manufacturing costs
B. major cost categories
C. computation of unit product cost
D. presentation of fixed manufacturing cost
80) _____ costs relate to more than one product and cannot be separately identified with an individual product
A. Bundle
B. Allocable
C. Common
D. Joint
Total 500 Questions from 5 set of actual exams (5 sets x 100 questions) with double checked answers
final exam str 581
str 581 final exam answers
str 581 final exam
str 581 final
100 % A+ Correct answers !! Double Checked
str 581 final exam answers
str 581 final exam
str 581 final
