Which of the following is NOT an example of a cost that varies in total as the number of units produced changes?
A) Electricity per KWH to operate factory equipment
B) Direct materials cost
C) Insurance premiums on factory building
D) Wages of assembly worker
C
You might also like to view...
In role playing, the researcher assumes that the respondents will project their own feelings into the role
Indicate whether the statement is true or false
Nolan Company has two segments: Audio and Video. Sales for the Audio Segment were $500,000 . and variable costs were 40% of sales. The Video Segment also had sales of $500,000 . but variable costs were 60% of sales. Fixed costs directly traceable to the Audio and Video segments were $150,00 . and $120,000 . respectively. Common fixed costs of $200,00 . were arbitrarily allocated equally to each
segment. What was the segment margin of the Video Segment? a. $200,000 b. $ 80,000 c. $(20,000) d. $ 150,000
Explain how society at large can be hurt by companies using unethical financial and management practices
What will be an ideal response?
When using the allowance method
a. the write-off of specific customers' accounts does not affect income. b. the income effect occurs in the year of sale, when the firm provides for estimated uncollectible accounts. c. the write-off of specific customers' accounts does not affect (net) accounts receivable. d. all of the above. e. none of the above.