Time left 0:11:59 Question 26 Teddy uses the high-low method of estimating costs. He had total costs of Not yet $50,000 at its lowest level of activity, when 5,000 units were sold. When, at its answered Marked out of highest level of activity, sales equaled 12,000 units, total costs were $78,000 0.50 Teddy would estimate variable cost per unit as P Flag question O a. $10.00 O b. $7.00 O c. $6.50 O d. . $4.00 Previous page Next page WMODIyIHIT Time left Question 25 The data for an industrial unit is as follows: Not yet Fixed costs= $40,000 answered Marked out of Sales price per unit = $8 0.50 Variable cost per unit= $6 Flag question The sales volume for breakeven is: O a. 2,857 units O b. 6,667 units O c. 20,000 units O d. 5,000 units C QDashboard / My courses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / Assignment/Test/Qu Time left 0:12:16 Question 24 Fixed Costs= $ 4,000; VC per sale = $ 1.50 per unit; Selling Price per unit= $ 4.00; Not yet Calculate the revenue earned at the break even sales. answered Marked out of O a. $8,800 0.50 Flag question O b. $6,400 O c. $2,400 O d. $4,000 Previous page Next pagecourses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / Assignment/ Time left 0:12: A firm that sells a single product has a variable cost of $20 per unit. Fixed costs for the period are $100,000. What must the selling price of the product be if the company wishes to break even by selling 4,000 units? O a. $50 per unit O b. $45 per unit O c. $25 per unit O d. $20 per unitI 2022 Fall: Cost Accounting K21 (ACT208) board / My courses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / Assignment/Test/Q Time left 0:12:45 stion 21 If direct materials cost $80,000; direct labour costs $70,000 and manufacturing yet overhead costs $50,000 how much is the total conversion cost? wered ked out of O a. $150,000 Flag question O b. $120,000 O c. $200,000 O d. $130,000 Previous page Next pageAssign Time lef Question 19 The following data relate to two output levels of a department: Not yet Machine hours 36,000 40,000 answered Marked out of Overheads $760,000 $780,000 0.50 The variable overhead rate was $5 per hour. Flag question The amount of fixed overhead was: O a. $500,000 O b. $480,000 O c. $460,000 O d. $580,000Dashboard / My courses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / Assignment/Test/ Time left 0:11:31 Question 30 A company has established a marginal costing profit of $200,000. Opening Not yet inventory was 100 units and closing inventory was 600 units. The fixed overhead answered absorption rate has been calculated as $100 per unit. What would be the profit if Marked out of absorption costing had been used? 0.50 Flag question O a. $250,000 O b. $270,000 O c. $200,000 O d. $150,000 Finish attempt ... Previous page2022 Fall: Cost Accounting K21 (ACT208 d / My courses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / Assignment/Te Time left 0:11:3 29 Which of the following pairs are the best examples of semi-variable costs? O a. Electricity and water out of O b. Road license and petrol. question O c. Labour and materials O d. Rent and ratesashboard / My courses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / Assignment/Test/Q Time left 0:13:52 Question 14 A company makes and sells a single product which has a marginal cost/variable Not yet cost of $60 and which sells for $80.Budgeted fixed costs are $140,000 and answered budgeted sales are 16,000 units. What is the Margin of Safety? Marked out of 0.50 O a. 6,000 units Flag question O b. 10,000 units O c. 9,000 units O d. 5,000 units Next page Previous pagearing View tab: meet.google.com OURSES . ABOUT UCC - UCC ONLINE FAQS ~ UCC LIBRARY . ADDITIONAL RESOURCES . EOSA Re Time left 0:14:35 Question 9 The direct materials and indirect materials used in the production of a motorcycle, Not yet combined with the direct labour costs and manufacturing overheads involved answered would be called as costs Marked out of 0.50 O a. Direct Flag question O b. Period O c. Conversion O d. Product Previous page Next pageADDITIONAL RESOURCES . EOSA LIZUZZ Tall. CUSt ACCOUNTLy ACT (ACICUO) ashboard / My courses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / Assignment/Test/Q Time left 0:14:21 uestion 11 26. A company sells 900 units/month at $50.00 each, with a $20 per-unit cost and lot yet $3,000 monthly fixed costs. Calculate the profit of the company. nswered Marked out of O a. $42,000 Flag question O b. $27,000 O c. $45,000 O d. $24,000 Next page Previous pageCOURSES . ABOUT UCC - UCC ONLINE FAQs . UCC LIBRARY . ADDITIONAL RESOURCES . EOSA Re Dashboard / My courses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / Assignment/Test/Quiz Time left 0:14:11 Question 12 . Opening inventory: 50,000 units Not yet answered . Closing inventory: 20,000 units Marked out of . Sales: 30,000 units 0.50 Based on the above information, the number of units produced during the period Flag question in O a. 270,000 units O b. 390,000 units O c. 230,000 units O d. 330,000 unitsGoogle Scholar Google Docs Paraphrasing Tool |... Course Hero PayPal 3 Speedtest by Ookla... |Elements of a C t.google.com Stop sharing View tab: meet.google.com HOME COURSES . ABOUT UCC UCC ONLINE FAQS * UCC LIBRARY . ADDITIONAL RESOURCES . EO Time left 0:14:43 Question 8 The table below shows the costs of a company's outputs at various levels: Not yet answered Output/units 2,000 4,000 6,000 . Marked out of Total costs $ 120,000 120,000 120,000 0.50 Unit costs $ 60 30 20 Flag question What type of costs is depicted in the above table? ation O a. Variable costs O b. Fixed costs line O c. Semi-fixed costs Rupert - O d. - Mixed costs Previous page Next pagelar Google Docs Paraphrasing Tool |. * Course Hero PayPal 5 Speedtest by Ookla... $ Elements of a Contr... Stop sharing View tab: meet.google.com ME COURSES . ABOUT UCC * UCC ONLINE FAQS . UCC LIBRARY . ADDITIONAL RESOURCES - EOSA Resou Time left 0:14:52 Question 7 An industry is selling a product for $20 per unit. The fixed costs amount to $80,000 Not yet with variable cost of $12 per unit. How many units should be produced to break answered even? Marked out of 0.50 O a. 10,000 units Flag question O b. 4,000 units O c. 2,500 units O d. 5,000 units Previous page Next pageUCC ONLINE FAQS - UCC LIBRARY . ADDITIONAL RESOURCES ~ EOSA Resource Time left 0:18:13 Question 5 The table below shows the costs of a company's outputs at various levels: lot yet nswered Output/units 1,000 1,200 1.500 Marked out of Total costs $ 30,000 36,000 45,000 50 Unit costs $ 30 30 30 Flag question What type of costs is depicted in the above table? O a. Variable costs O b. Fixed costs O c. Semi-fixed costs O d. Semi-variable costs Next page revious pageUCC LIBRARY - ADDITIONAL RESOURCES - EOSAR 21 2022 Fall: Cost Accounting K21 (ACT208) ashboard / My courses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / Assignment/Test/Qu Time left 0:18:41 estion 1 In a period when opening inventories were 5,000 units and closing inventories it yet 2,000 units a company had $300,000 profit using absorption costing. If the fixed wered overhead absorption rate was $25 per unit, the profit using marginal costing would irked out of be: 0 Flag question O a. $300,000 O b. $225,000 O c. . $475,000 O d. $375,000quiz/attempt.php?attempt=223669&cmid=224725&page=17 SES . ABOUT UCC . UCC ONLINE FAQS . UCC LIBRARY . ADDITIONAL R 21 2022 Fall: Cost Account K21 (A shboard / My courses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / Gestion 18 The data for an industrial unit is as follows: lot yet answered Fixed costs= $40,000 Marked out of Sales price per unit = $8 0.50 Variable cost per unit= $6 Flag question The sales volume for breakeven is: O a. 5,000 units O b. 20,000 units Oc 2,857 units Old. 6,667 units hp 40 141ABOUT UCC . UCC ONLINE FAQS * UCC LIBRARY . ADDITIONAL RESOUR 022 Fall: Cost Accounting K21 (ACT2 / My courses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / Assignm Time left 0:12:47 If direct materials cost $80,000; direct labour costs $70,000 and manufacturing overhead costs $50,000 how much is the total conversion cost? it of O a. $200,000 westion O b. $130,000 c. $150,000 O d. $120,000 ious page Next page N hp 144 PI prt & EK 6 8 9 O.jm/mod/quiz/attempt.php?attempt=223669&cmid=224725&page=22 A COURSES . ABOUT UCC * UCC ONLINE FAQS . UCC LIBRARY . ADDITIONAL RESOURCES . EOSA Re K21 2022 Fall: Cost Accounting K21 (ACT208) Dashboard / My courses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / Assignment/Test/Quiz Time left 0:12:04 Qu Question 23 If contribution margin is $10,000, Variable cost is $8,000, and net operating Not yet income is $4,000, what is the fixed cost? answered Marked out of O a. $6,000 0.50 13 P Flag question O b. $14,000 15 O c. $18,000 O d. $2,000 125 Finish Previous page Next page N 144 prt sc del $ % & 4 5 6 8 - back