1. In a process cost system, unit costs are determined using a A) numerator of costs of each job, B) denominator of units produced for the job. C) denominator of units produced for the dia D) denominator of units produced during the period. 2. Required sales in dollars to meet a target net income is computed by dividing A) fixed costs plus target net income by unit contribution margin B) variable costs plus target net income by unit contribution margin. C) total costs plus target net income by contribution margin ratio. D) fixed costs plus target net income by contribution margin ratio. 3. Department 1 of a two department production process Beginning Work in Process Ending Work in Process Total units to be accounted for 10,000 50,000 180,000 How many units were transferred out to Department 2? A) 50,000. B) 130,000. C) 180,000. D) 170,000 4. Each of the following is a disadvantage of buying rather than making a component o product except that A) the outside supplier could increase prices significantly in the future B) profitable product lines may be dropped. C) quality control specifications may not be met. D) the supplier may not deliver on time. 5. In a sales mix situation, at any level of units sold, net income will be higher if A) more lower contribution margin units are sold than higher contribution mas B) more fixed expenses are incurred. C) more higher contribution margin units are sold than lower contribution m D) weighted-average unit contribution margin decreases