QUESTIONS Electricity charges are allocated on the basis.of: a. Number of light points b. Cost of...
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QUESTIONS Electricity charges are allocated on the basis.of: Ⓒa. Number of light points Ⓒb. Cost of machines c. Factory costs Ⓒd. a and b Ⓒe. b and c The method of apportionment suitable for allocating rent of building between cost centres is: Ⓒa. Number of employees Ⓒb. Machine hours c. Kilowatt per hour Ⓒd. Floor space e. Machine cost Depreciation on machine is apportioned on the basis of: a. Machine hours Ⓒb. Labour hours c. Machine cost Ⓒd. a and c Ⓒe. a and b Which of the following is not an assumption of cost-volume-profit (CVP)? a. It is possible to distinguish between fixed and variable costs b. The entity sells multiple products C. The entity maintains a constant sales mix d. CVP analysis applies to the relevant range only Profit is calculated on a variable costing basis e. QUESTIONS Electricity charges are allocated on the basis.of: Ⓒa. Number of light points Ⓒb. Cost of machines c. Factory costs Ⓒd. a and b Ⓒe. b and c The method of apportionment suitable for allocating rent of building between cost centres is: Ⓒa. Number of employees Ⓒb. Machine hours c. Kilowatt per hour Ⓒd. Floor space e. Machine cost Depreciation on machine is apportioned on the basis of: a. Machine hours Ⓒb. Labour hours c. Machine cost Ⓒd. a and c Ⓒe. a and b Which of the following is not an assumption of cost-volume-profit (CVP)? a. It is possible to distinguish between fixed and variable costs b. The entity sells multiple products C. The entity maintains a constant sales mix d. CVP analysis applies to the relevant range only Profit is calculated on a variable costing basis e.
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Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0176530884
2nd Canadian edition
Authors: Maryanne M. Mowen, Don Hanson, Dan L. Heitger, David McConomy, Jeffrey Pittman
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