Question: please answer all 4 multiple choice questions For an item (cost or revenue) to be relevant to a decision, it must: Be an expected, future

 please answer all 4 multiple choice questions For an item (cost
or revenue) to be relevant to a decision, it must: Be an
expected, future item. Differ among alternatives. Meet one OR the other of
the criteria mentioned in (a) and (b), above. Meet BOTH of the please answer all 4 multiple choice questions

For an item (cost or revenue) to be relevant to a decision, it must: Be an expected, future item. Differ among alternatives. Meet one OR the other of the criteria mentioned in (a) and (b), above. Meet BOTH of the criteria mentioned in (a) and (b), above. 4.41 points Save As Trust Company applies overhead based on direct labor hours. At the beginning of the year, Trust estimates overhead to be $700,000, machine hours to be 200,000, and direct labor bours to be 35.000. During February Trust has 5.000 direct labor hours and 10,000 machine hours. What is the predetermined overhead role SI5.00 per machine hour $14.00 per direct labor hour $20.00 per direct labor hour $18.00 per machine hour None of these are correct. A flexible budget is a budget that: is anchored to a single, static estimate of sales activity. is an estimate of what revenues and costs should have been, given the actual level of activity for the period contains only variable selling and administrative costs. contains only variable production costs. Managerial accounting: has its primary emphasis on the future. is required by regulatory bodies such as the SEC. focuses on the organization as a whole, rather than on the organization's segments. Responses a, b, and c are all correct

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