ACCT 434 Week 3 Quiz( New) For more course tutorials visit www. uophelp. com
8. Question:( TCO 4) Northwoods Incorporated manufactures rustic furniture. The cost accounting system estimates manufacturing costs to be $ 90 per table, consisting of 80 % variable costs and 20 % fixed costs. The company has surplus capacity available. It is Northwoods ' policy to add a 50 % markup to full costs. A large hotel chain is currently expanding and has decided to decorate all new hotels using the rustic style. Northwoods is invited to submit a bid to the hotel chain. What is the lowest price per unit Northwoods should bid on this long-term order? 9. Question:( TCO 5) Throughput contribution equals revenues minus 10. Question:( TCO 5) A machine has been identified as a bottleneck and the source of the constraint for a manufacturing company that has multiple products and multiple machines. One way the company can overcome the bottleneck is =========================================
ACCT 434 Week 3 Quiz( New) For more course tutorials visit www. uophelp. com
1. Question:( TCO 1) ABC systems create Question 2. Question:( TCO 1) Merriamn Company provides the following ABC costing information: Activities Total Costs Activity-cost drivers Account inquiry hours $ 400,000 10,000 hours Account billing lines $ 280,000 4,000,000 lines Account verification accounts $ 150,000 40,000 accounts Correspondence letters $ 50,000 4,000 letters