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