ACCT 434 Dreams Come True /uophelp.com ACCT 434 Dreams Come True /uophelp.com | Page 35

Week 5 DQ1 Pricing Decision Week 5 DQ2 Workout Room Week 6 DQ1 Evaluating Managers Week 6 DQ2 Workout Room Week 7 DQ1 Quality and Performance Week 7 DQ2 Workout Room ========================================= ACCT 434 Week 2 Master Budget Flexible Budgets
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Week 5 DQ1 Pricing Decision Week 5 DQ2 Workout Room Week 6 DQ1 Evaluating Managers Week 6 DQ2 Workout Room Week 7 DQ1 Quality and Performance Week 7 DQ2 Workout Room ========================================= ACCT 434 Week 2 Master Budget Flexible Budgets

For more course tutorials visit www. uophelp. com

1. Question:( TCO 2) Operating budgets and financial budgets 2. Question:( TCO 2) To gain the benefits of budgeting, ________ must understand and support the budget. 3. Question:( TCO 2) Which budget is not necessary to prepare the budgeted balance sheet? 4. Question:( TCO 2) A feature of a standard-costing system is that the costs of every product or service planned to be worked on during the period can be computed at the start of that period. This feature of standard costing makes it possible to 5. Question:( TCO 2) An unfavorable variance indicates that 6. Question:( TCO 2) Which of the following statements is true about overhead cost variance analysis using activity-based costing? 7. Question:( TCO 2) Overhead costs have been increasing due to all of the following except 8. Question:( TCO 2) Katie Enterprises reports the year-end information from 20X8 as follows: Sales( 70,000 units) $ 560,000; Cost of goods sold 210,000; Gross margin 350,000; Operating expenses 200,000; Operating income $ 150,000. Katie is developing the 20X9 budget. In 20X9, the company would like to increase selling prices by 4 %, and as a result expects a decrease in sales volume of 10 %. All other operating expenses are expected to remain constant.