Short 4
Grade Details- All Questions Page: 1 2
Question 1. Question:( TCO 1) The goal of managerial accounting is to provide information that managers need for which of the below?
Question 2. Question:( TCO 1) Josie’ s Grill 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?
Question 3. |
Question: |
( TCO 1) Which of the following is NOT a |
period cost? |
|
|
Question 4. Question:( TCO 1) On December 31, 2015, GLE Inc. has a balance in the Work-in-Process Inventory account of $ 62,000. At January 1, 2015, the balance was $ 47,000. Current manufacturing costs for the year are $ 292,000, and cost of goods sold is $ 284,000. How much is cost of goods manufactured?