ACCT 505 help A Guide to career/uophelp.com ACCT 505 help A Guide to career/uophelp.com | Page 29

Question 4.4 . ( TCO C ) When the activity level is expected to increase within the relevant range , what effects would be anticipated with respect to each of the following ? ( Points : 6 )
Fixed costs per unit decrease and variable costs per unit do not change .
Fixed costs per unit increase and variable costs per unit do not change .
Fixed costs per unit do not change and variable costs per unit do not change .
Fixed costs per unit do not change and variable costs per unit increase .
Question 5.5 . ( TCO B ) Which of the following statements is true ? I . Overhead application may be made slowly as a job is worked on . II . Overhead application may be made in a single application at the time of completion of the job . III . Overhead application should be made to any job not completed at year end in order to properly value the work in process inventory . ( Points : 6 ) Only statement I is true . Only statement II is true . Both statements I and II are true . Statements I , II , and III are true .
Question 6.6 . ( TCO B ) Under a job-order costing system , the product being manufactured ( Points : 6 ) is homogeneous . passes from one manufacturing department to the next before being completed . can be custom manufactured . has a unit cost that is easy to calculate by dividing total production costs by the units produced .