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