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ACC455 Final Exam 2015: Comprehensive Managerial Accounting: University of Phoenix

A comprehensive exam review of managerial accounting, focusing on cost analysis, decision-making, and variance evaluation.

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ACC455 Final Exam 2015: Comprehensive Managerial Accounting: CostAnalysis, Decision-Making, and Variance Evaluation-University of PhoenixUniversity of Phoenix ACC455 Final Exam 2015Report this Question as Inappropriate1.The per-unitstandards for direct labor are 2 direct labor hours at $12 per hour. If inproducing 2,400 units, the actual direct labor cost was $51,200 for 4,000 direct laborhours worked, the total direct labor variance is$4,000 unfavorable$6,400 unfavorable$1,920 unfavorable$6,400 favorable2.Poodle Company manufactures two products, Mini A and Maxi B. Poodle'soverhead costs consist of setting up machines, $800,000; machining, $1,800,000; andinspecting, $600,000. Information on the two products is:Mini AMaxi BDirect labor hours 15,000 25,000Machine setups 600 400Machine hours 24,000 26,000Inspections 800 700Overhead applied to Mini A using traditional costing using direct labor hours is$1,670,000$1,536,000$1,200,000$1,920,0003.Disney’s variable costs are 30% of sales. The company is contemplating anadvertising campaign that will cost $22,000. If sales are expected to increase $40,000,by how much will the company's net income increase?

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Document Details

University
University of Phoenix
Course
ACC 455
Subject
Accounting

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