ACCT 434 Endless Education /uophelp.com ACCT 434 Endless Education /uophelp.com | Page 49

ACCT 434 Week 5 Quiz ( New ) For more course tutorials visit www . uophelp . com

ACCT 434 Week 5 Quiz ( New ) For more course tutorials visit www . uophelp . com

Question 1 . Question : ( TCO 7 ) When companies do not want to use market prices or find it too costly , they typically use _____ prices , even though suboptimal decisions may occur . Question 2 . Question : ( TCO 7 ) The price of movie tickets for opening day and the few days following compared to the price 6 months later is an example of Question 3 . Question : ( TCO 7 ) A product ' s markup percentage needs to cover operating profits when the cost base is Question 4 . Question : ( TCO 7 ) Life-cycle budgeting is particularly important when Question 5 . Question : ( TCO 7 ) Each month , Haddon Company has $ 275,000 total manufacturing costs ( 20 % fixed ) and $ 125,000 distribution and marketing costs ( 36 % fixed ). Haddon ' s monthly sales are $ 500,000 . The markup percentage on full cost to arrive at the target ( existing ) selling price is Question 6 . Question : ( TCO 8 ) The benefits of a decentralized organization are greater when a company Question 7 . Question : ( TCO 8 ) The costs used in cost-based transfer prices Question 8 . Question : TCO 8 ) When an industry has excess capacity , market prices may drop well below their historical average . If this drop is temporary , it is called Question 9 . Question : ( TCO 8 ) When companies do not want to use market prices or find it too costly , they typically use _____ prices , even though suboptimal decisions may occur . Question 10 . Question : ( TCO 8 ) Division A sells soybean paste internally to Division B , which , in turn , produces soybean burgers that sell for $ 5 per pound . Division A incurs costs of $ 0.75 per pound and Division B incurs an additional cost of $ 2.50 per pound . Which of