Managerial Accounting: Cost Allocation, Budgeting, and Financial Analysis Assignment
A managerial accounting assignment focusing on cost allocation, budgeting strategies, and financial analysis techniques.
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Managerial Accounting: Cost Allocation, Budgeting, and Financial AnalysisAssignment1.(TCO 1) The principle managers follow when they only investigate significant departures from the plan iscommonly known as(Points : 4)small amounts don't matteronly materials and labor deserve attentionmanagement by exceptionexceptional costs yield exception results2.(TCO 1) A company has a cost that is $2.00 per unit at a volume of 12,000 units and $2.00 per unit at a volumeof 16,000 units. What type of cost is this?(Points : 4)FixedVariableSunkIncremental3.(TCO 2) A job-order costing system is likely used by a(Points : 4)soft drink bottlerbreakfast cereal manufacturerpaint manufacturercustom home builder4.(TCO 3) Why do we compute equivalent units differently for raw materials and conversion costs?(Points : 4)Raw materials are more difficult to count
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