Stichworte manufacturing overhead costs incurred

Stichworte: manufacturing overhead costs incurred

What did the method of manufacturing known as the American Systemy rely upon?

What did the method of manufacturing known as the American Systemy rely upon?

Inventory carrying cost encompass a number of different expenses including which of the following

Inventory carrying cost encompass a number of different expenses including which of the following

If traditional manufacturing is used, which of the following is considered direct costs

If traditional manufacturing is used, which of the following is considered direct costs

Which aws service or tool can track service costs and usage in aws service catalog?

Which aws service or tool can track service costs and usage in aws service catalog?

Which of the following costs are included in the for product costing purposes in the big picture cost classification model?

Which of the following costs are included in the for product costing purposes in the big picture cost classification model?

What contributes to the rise of healthcare costs in the united states? quizlet

What contributes to the rise of healthcare costs in the united states? quizlet

How would you build a culture of quality in an organization i.e. manufacturing or services

How would you build a culture of quality in an organization i.e. manufacturing or services

True or false: on a scatter diagram, costs are plotted on the horizontal axis.

True or false: on a scatter diagram, costs are plotted on the horizontal axis.

Which of the following would be debited to record direct labor costs actually incurred?

Which of the following would be debited to record direct labor costs actually incurred?

What costs are treated as inventoriable costs under the variable costing method?

What costs are treated as inventoriable costs under the variable costing method?

The idea that efficiency costs may increase significantly over time is the concept of losses.

The idea that efficiency costs may increase significantly over time is the concept of losses.

Which types of responsibility centers generate both revenues and costs quizlet?

Which types of responsibility centers generate both revenues and costs quizlet?

What types of costs are included in an assets depreciable basis select all that apply?

What types of costs are included in an assets depreciable basis select all that apply?

Why sunk costs should not be included in a capital budgeting analysis but opportunity costs and externalities should be included?

Why sunk costs should not be included in a capital budgeting analysis but opportunity costs and externalities should be included?

Which of the following systems recognizes revenue when it is earned and expenses when they are incurred?

Which of the following systems recognizes revenue when it is earned and expenses when they are incurred?

Which of the following would not likely be used by service providers to accumulate job costs?

Which of the following would not likely be used by service providers to accumulate job costs?

What are the differences between operations within a service and manufacturing industry context

What are the differences between operations within a service and manufacturing industry context

What is the difference between the flow of costs and the physical flow of goods?

What is the difference between the flow of costs and the physical flow of goods?

When the goods are sold, their costs are transferred from work in process to finished goods.

When the goods are sold, their costs are transferred from work in process to finished goods.

How the predetermined factory overhead rate can be used in job order cost accounting to assist managers in pricing jobs?

How the predetermined factory overhead rate can be used in job order cost accounting to assist managers in pricing jobs?

How can flexible-budget variance analysis be used to control costs of activity areas?

How can flexible-budget variance analysis be used to control costs of activity areas?

In a job order cost system, indirect labor incurred is debited to which account?

In a job order cost system, indirect labor incurred is debited to which account?

Which type of inventory is obtained from suppliers and used in the manufacturing process?

Which type of inventory is obtained from suppliers and used in the manufacturing process?

Your company has recently migrated to AWS how can your cto monitor the organizations costs

Your company has recently migrated to AWS how can your cto monitor the organizations costs

Injuries from work-related falls can affect employees by resulting in time off and medical costs.

Injuries from work-related falls can affect employees by resulting in time off and medical costs.

When firms total revenue is less than its total economic costs the firm is earning a normal profit?

When firms total revenue is less than its total economic costs the firm is earning a normal profit?

Which one of the following costs was incurred in the past and Cannot be recouped?

Which one of the following costs was incurred in the past and Cannot be recouped?

Which of the following statements is true of design for manufacturing (DFM) methods

Which of the following statements is true of design for manufacturing (DFM) methods

Are costs related to a particular cost object that Cannot be traced to that cost object in a cost

Are costs related to a particular cost object that Cannot be traced to that cost object in a cost

A company has a competitive advantage if it can increase costs relative to rivals

A company has a competitive advantage if it can increase costs relative to rivals

Which of the following accounts would be found in the balance sheet of a manufacturing company?

Which of the following accounts would be found in the balance sheet of a manufacturing company?

An otherwise profitable segment may appear to be unprofitable if fixed costs are allocated to it.

An otherwise profitable segment may appear to be unprofitable if fixed costs are allocated to it.

Which costs will change with an increase in activity within the relevant range *?

Which costs will change with an increase in activity within the relevant range *?

How did changes in textile manufacturing help initiate the industrial revolution?

How did changes in textile manufacturing help initiate the industrial revolution?

Which costs are treated differently under absorption costing and variable costing?

Which costs are treated differently under absorption costing and variable costing?

Under variable costing, fixed manufacturing overhead is treated as a product cost.

Under variable costing, fixed manufacturing overhead is treated as a product cost.

Assume that a pure monopolist and a purely competitive firm have the same unit costs

Assume that a pure monopolist and a purely competitive firm have the same unit costs

What is the correct journal entry to record the direct materials used in production?

What is the correct journal entry to record the direct materials used in production?

Which of the following should not be included in indirect cost incurred in manufacturing cars?

Which of the following should not be included in indirect cost incurred in manufacturing cars?

Which of the following costs is considered as relevant for decision making purposes?

Which of the following costs is considered as relevant for decision making purposes?

Which types of inventories does a manufacturing business report on the balance sheet?

Which types of inventories does a manufacturing business report on the balance sheet?

Media ________ compile audience measurement data, media costs, and availability data.

Media ________ compile audience measurement data, media costs, and availability data.

The formula to calculate the amount of manufacturing overhead to allocate to jobs is:

The formula to calculate the amount of manufacturing overhead to allocate to jobs is:

What is the result when the actual rate paid for labor is less than the standard rate

What is the result when the actual rate paid for labor is less than the standard rate

Which strategy should firms pursue when they are trying to simultaneously achieve low costs?

Which strategy should firms pursue when they are trying to simultaneously achieve low costs?

Which of the following is false pertaining to the use of a predetermined overhead rate

Which of the following is false pertaining to the use of a predetermined overhead rate

What is the formula for calculating predetermined manufacturing overhead rate quizlet?

What is the formula for calculating predetermined manufacturing overhead rate quizlet?

Using only unit-based activity drivers to assign nonunit-related overhead costs can cause

Using only unit-based activity drivers to assign nonunit-related overhead costs can cause

How are manufacturing companies and service companies alike they both produce products?

How are manufacturing companies and service companies alike they both produce products?

When considering decision alternatives, only relevant costs are included when using the

When considering decision alternatives, only relevant costs are included when using the

In joint costing, which of the following is a market-based approach to allocating costs?

In joint costing, which of the following is a market-based approach to allocating costs?

Which of the following costs of a joint process would be allocated to the joint products

Which of the following costs of a joint process would be allocated to the joint products

Where the manufacturing purchasing and consumption can occur at differing points in time?

Where the manufacturing purchasing and consumption can occur at differing points in time?

Which of the following manufacturing operations would most likely use a job order costing system?

Which of the following manufacturing operations would most likely use a job order costing system?

Scrap is treated as a reduction in Factory overhead if it is traceable to a particular job

Scrap is treated as a reduction in Factory overhead if it is traceable to a particular job

What is the additional cost incurred in the production of a one more unit of good or service?

What is the additional cost incurred in the production of a one more unit of good or service?

______________ include all of the costs of production that increase with the quantity produced.

______________ include all of the costs of production that increase with the quantity produced.

Future costs that differ across alternatives and are very important for decision making are called:

Future costs that differ across alternatives and are very important for decision making are called:

Costs that can be eliminated in whole or in part if a particular business segment is discontinued

Costs that can be eliminated in whole or in part if a particular business segment is discontinued

Which type of incurred costs are not relevant in decision making and should be excluded in decision making?

Which type of incurred costs are not relevant in decision making and should be excluded in decision making?

When choosing between two alternatives costs that do not differ between the two alternatives can be considered to be relevant to that decision?

When choosing between two alternatives costs that do not differ between the two alternatives can be considered to be relevant to that decision?

The costs of normal spoilage are typically included as a component of the costs of work in process

The costs of normal spoilage are typically included as a component of the costs of work in process

In what order should the three inventories of a manufacturing business be presented on the balance sheet?

In what order should the three inventories of a manufacturing business be presented on the balance sheet?

_____ means that the projected benefits of a proposed system outweigh the estimated costs.

_____ means that the projected benefits of a proposed system outweigh the estimated costs.

What type of cost is incurred when a project must be conducted faster than normal and overtime for workers and rapid delivery charges are necessary?

What type of cost is incurred when a project must be conducted faster than normal and overtime for workers and rapid delivery charges are necessary?

Which of the following costs are irrelevant for a special order which will allow an organization to utilize some of its present idle capacity?

Which of the following costs are irrelevant for a special order which will allow an organization to utilize some of its present idle capacity?

Which cost accumulation procedure is most applicable in a continuous mass production manufacturing environment?

Which cost accumulation procedure is most applicable in a continuous mass production manufacturing environment?

Which cost accumulation process is the most applicable in the continuous mass production manufacturing environment?

Which cost accumulation process is the most applicable in the continuous mass production manufacturing environment?

Under which of the following costing methods an averaging process is used to compute unit product costs?

Under which of the following costing methods an averaging process is used to compute unit product costs?

The inventory costing method that treats direct manufacturing costs and indirect manufacturing costs

The inventory costing method that treats direct manufacturing costs and indirect manufacturing costs

Assigning manufacturing overhead to a specific job is complicated by all of the below except

Assigning manufacturing overhead to a specific job is complicated by all of the below except

Which of the following costs is not included while computing the cost under variable costing?

Which of the following costs is not included while computing the cost under variable costing?

What is a plantwide overhead rate Why are multiple overhead rates rather than a plant wide overhead rate used in some companies?

What is a plantwide overhead rate Why are multiple overhead rates rather than a plant wide overhead rate used in some companies?

When a company uses a predetermined overhead rate the actual amount of manufacturing overhead costs incurred will be recorded on the job cost sheets?

When a company uses a predetermined overhead rate the actual amount of manufacturing overhead costs incurred will be recorded on the job cost sheets?

What is the term used when a company applies less overhead to production than it actually incurs?

What is the term used when a company applies less overhead to production than it actually incurs?

What happens to the predetermined overhead rate that is based on direct labor hours when automation equipment replaces direct labor?

What happens to the predetermined overhead rate that is based on direct labor hours when automation equipment replaces direct labor?

What happens to overhead rates based on direct labor when automated equipment and robotics replace direct labor?

What happens to overhead rates based on direct labor when automated equipment and robotics replace direct labor?

What is a responsibility center in which the department manager has responsibility for and authority over only costs and revenues called?

What is a responsibility center in which the department manager has responsibility for and authority over only costs and revenues called?

Which strategy should firms pursue when they are trying to simultaneously achieve low costs through location economies economies of scale and learning effects?

Which strategy should firms pursue when they are trying to simultaneously achieve low costs through location economies economies of scale and learning effects?

Which involves assessing the costs, benefits, and risk associated with marketing decisions.

Which involves assessing the costs, benefits, and risk associated with marketing decisions.

Which of the following is the level of output or sales at which total revenues equal total costs that is the point at which operating income is zero?

Which of the following is the level of output or sales at which total revenues equal total costs that is the point at which operating income is zero?

The added costs incurred as a result of exporting products from one country to another are called

The added costs incurred as a result of exporting products from one country to another are called

In which of the following pricing methods is the markup added to manufacturing cost and selling and expenses to determine the selling price?

In which of the following pricing methods is the markup added to manufacturing cost and selling and expenses to determine the selling price?

What differentiates the statement of financial position of a merchandiser from a manufacturer?

What differentiates the statement of financial position of a merchandiser from a manufacturer?

Which of the following is a correct journal entry to apply manufacturing overhead cost to jobs?

Which of the following is a correct journal entry to apply manufacturing overhead cost to jobs?

Which of the following terms refers to a customers evaluation of the difference between all the costs of a market offering relative to those of competing offers quizlet?

Which of the following terms refers to a customers evaluation of the difference between all the costs of a market offering relative to those of competing offers quizlet?

What type of business is operated by two or more people who share costs and responsibilities?

What type of business is operated by two or more people who share costs and responsibilities?

Which term refers to the process in which nations decrease the amount of goods produced through manufacturing?

Which term refers to the process in which nations decrease the amount of goods produced through manufacturing?

The benefits of public health measures are usually much easier to calculate than the costs.

The benefits of public health measures are usually much easier to calculate than the costs.

Which of the following is not one of the major categories of costs associated with quality?

Which of the following is not one of the major categories of costs associated with quality?

When consumers look at all of the benefits of a product and subtract all of the costs related to its purchase they are?

When consumers look at all of the benefits of a product and subtract all of the costs related to its purchase they are?

What is the formal method of analysis applied by management to identify appropriate cost drivers and effects on the costs of production?

What is the formal method of analysis applied by management to identify appropriate cost drivers and effects on the costs of production?

Which cost remains constant in the total amount and do not increase or decrease when the volume of production changes?

Which cost remains constant in the total amount and do not increase or decrease when the volume of production changes?

According to the economic way of thinking, personal benefits and costs influence the actions of

According to the economic way of thinking, personal benefits and costs influence the actions of

What is the major difference in focus between location decision in the service sector and in the manufacturing sector?

What is the major difference in focus between location decision in the service sector and in the manufacturing sector?

Which kind of strategy is using a firm trying to simultaneously achieve low costs and differentiate its product offering across geographic markets?

Which kind of strategy is using a firm trying to simultaneously achieve low costs and differentiate its product offering across geographic markets?

When determining the cost of a product which of the following costs is often not allocated?

When determining the cost of a product which of the following costs is often not allocated?

Which of the following would generally not affect a make or buy decision a selling expenses B direct labor C variable manufacturing costs d opportunity cost?

Which of the following would generally not affect a make or buy decision a selling expenses B direct labor C variable manufacturing costs d opportunity cost?

Regardless of what method is used to estimate project costs, supporting detail should be provided

Regardless of what method is used to estimate project costs, supporting detail should be provided

What does the Constitution say about debts the US incurred before the Constitution was written?

What does the Constitution say about debts the US incurred before the Constitution was written?