ACCT 505 help A Guide to career/uophelp.com ACCT 505 help A Guide to career/uophelp.com | Page 28

www.uophelp.com
This Tutorial contains 6 Sets of Midterm Exam
1. (TCO A) Direct material cost is a part of (Points : 6)
Conversion Cost NO.... Prime Cost NO.
Conversion Cost YES.... Prime Cost NO.
Conversion Cost YES.... Prime Cost YES.
Conversion Cost NO.... Prime Cost YES.
Question 2.2. (TCO A) Total fixed costs (Points : 6)
will increase with increases in activity.
will decrease with increases in activity.
are not affected by activity.
should be ignored in making decisions because they can never
change.
Question 3.3. (TCO A) Property taxes on a company's factory building
would be classified as a(n) (Points : 6)
variable cost.
opportunity cost.
period cost.
product cost.