CH10 Quiz – Jaybird Company
Managerial Accounting
Wild and Shaw
07th Edition
To achieve the target cost per unit, Jaybird must reduce total expenses by how much?
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Your numbers will vary.
To achieve the target cost per unit, Jaybird must reduce total expenses by how much?
Your numbers will vary.
What is the most profitable sales mix for Logan Company (Standard vs Premier)?
Your numbers will vary.
The impact on operating income for eliminating this business segment would be:
Your numbers will vary.
Listed are costs of providing airline service. Advertising, beverages, salaries, etc. Classify each cost as (a) either variable or fixed, and (b) either direct or indirect.
Selected costs related to Apple’s iPhone are listed below. Identify each cost as either direct materials, direct labor, factory overhead, selling expenses, or general and admin
Airline service costs. Classify each cost as variable or fixed, direct or indirect. (advertisements, beverages, CEO salary, depreciation, fuel, pilot, stewardess, maintenance)
Many fast-food restaurants compete on lean business methods. Match activities for a fast-food restaurant with the lean business concept.
Based on Apple’s iPhone, identify costs as either direct materials, direct labor, factory overhead, selling , or administrative expenses. (Screen, supervisor, workers, executive, glue, uniforms, wages retail, depreciation)
Soccer Balls: Identify as fixed, variable, direct, indirect. (leather, security, coolants, wages, thread, tax, depreciation)
For each of the following accounts for a manufacturing company, select in the column indicating that it appears on the balance sheet, the income statement, the schedule of cost of goods manufactured. (accounts rec, etc.)