of the following overhead costs would be most likely to have a new cost driver assigned to it ?
32 . Nile Co .' s cost allocation and product costing procedures follow activity-based costing principles . Activities have been identified and classified as being either value-adding or nonvalue-adding as to each product . Which of the following activities , used in Nile ' s production process , is nonvalue-adding ?
33 . Which of the following items is a process management approach that involves radical change ?
34 . In an income statement prepared as an internal report using the direct ( variable ) costing method , fixed selling and administrative expenses would
35 . The absorption costing method includes in work in process and finished goods inventories :
36 . In an income statement prepared as an internal report using the direct ( variable ) costing method , fixed selling and administrative expenses would
37 . Cay Co .' s 2005 fixed manufacturing overhead costs totaled $ 100,000 , and variable selling costs totaled $ 80,000 . Under direct costing , how should these costs be classified ?
38 . Using the variable costing method , which of the following costs are assigned to inventory ?
39 . A manufacturing company prepares income statements using both absorption and variable costing methods . At the end of a period , actual sales revenues , total gross profit , and total contribution margin approximated budgeted figures , whereas income was substantially greater than the budgeted amount . There was no beginning or ending inventories . The most likely explanation of the income increase is that , compared to budget , actual
40 . Which of the following statements is correct regarding the difference between the absorption costing and variable costing methods ?
41 . A manufacturing company prepares income statements using both absorption and variable costing methods . At the end of a period , actual sales revenues , total gross profit , and total contribution margin approximated the budgeted figures , whereas