ACCT346 Midterm Exam 2
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1.
Question :
(TCO 1) Which of the following is not a difference between financial accounting and managerial accounting?
Points Received:
4 of 4
2.
Question :
TCO 1) Which of the following statements regarding fixed costs is...
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ACCT346 Midterm Exam 2
download
1.
Question :
(TCO 1) Which of the following is not a difference between financial accounting and managerial accounting?
Points Received:
4 of 4
2.
Question :
TCO 1) Which of the following statements regarding fixed costs is true?
Points Received:
4 of 4
3.
Question :
(TCO 1) You own a car and are trying to decide whether or not to trade it in and buy a new car. Which of the following
costs is an opportunity cost in this situation?
Points Received:
4 of 4
4.
Question :
(TCO 1) Shula’s 347 Grill has budgeted the following costs for a month in which 1,600 steak dinners will be produced and
sold: materials, $4,080; hourly labor (variable), $5,200; rent (fixed), $1,700; depreciation, $800; and other fixed costs,
$600. Each steak dinner sells for $14.00 each. How much is the budgeted variable cost per unit?
Points Received:
4 of 4
5.
Question :
(TCO 1) Which of the following is an example of a manufacturing overhead cost?
Points Received:
4 of 4
6.
Question :
Less
