ACCT 505 Managerial Accounting Entire Course
ACCT 505 Managerial Accounting Entire Course
ACCT 505 Managerial Accounting Entire Course
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Applications<br />
(graded)<br />
Let’s say that a company produces a single product with a sale price of $25 per unit. The variable cost per unit is $15<br />
and the company incurs fixed costs of $50,000 per month. What is the break-even point for this company? How much<br />
would we expect in profit for every unit sold above break-even? What if the company has its budget set at $35,000<br />
target profit? How many units must it sell?<br />
Devry acct<strong>505</strong> week 4 discussion latest 2016<br />
Practice<br />
and<br />
Exam<br />
Review<br />
(graded)<br />
To begin, download the practice Midterm from Doc Sharing to access questions and topics for review. For multiple<br />
choice questions, please explain why the answer chosen is correct, and why the other choices are not correct. Please<br />
support your response. Let’s begin with the questions on Page 1.<br />
<strong>ACCT</strong> <strong>505</strong> Week 4 Midterm – New 2016<br />
1. (TCO<br />
A) Direct<br />
material<br />
cost is a<br />
part<br />
of (Points<br />
: 6)<br />
Conversion Cost NO…. Prime Cost NO.<br />
Conversion Cost YES…. Prime Cost NO.<br />
Conversion Cost YES…. Prime Cost YES.<br />
Conversion Cost NO…. Prime Cost YES.<br />
Question<br />
2.2. (TCO<br />
A) Total<br />
fixed<br />
costs (Points<br />
: 6)<br />
will increase with increases in activity.<br />
will decrease with increases in activity.<br />
are not affected by activity.<br />
should be ignored in making decisions because they can never change.<br />
Question<br />
3.3. (TCO<br />
A) Property
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