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Stichworte: Production costs
Which of the following costs will vary directly with the level of production?
The costs of normal spoilage are allocated to the units in ending work-in process inventory
Which of the following costs are included in the for product costing purposes?
Which of the following is the political view that suggests FDI be approved only when the benefits outweigh the costs?
In which sector does production and consumption take place almost simultaneously?
Production and consumption of a service business happens at the same time true or false
What effect does an increase in the activity level have on average fixed costs per unit
What happens to fixed cost per unit as the activity level increases decreases?
Which economic system emphasizes the private ownership of most factors of production
Why is opportunity cost increasing in the context of production possibility curve?
Prevention, appraisal, internal and external failure costs are detailed on a(n)
The main costs and limitations of a(n) ________ are the measurements necessary to implement it.
Payback occurs in the year when the cumulative benefits minus costs reach ____.
In which of the following areas of production would process costing not be used
Which of the following are common arguments against allocating common fixed costs to responsibility centers?
Which of the following statements is true when referring to fixed costs quizlet?
The rationale for not including sunk costs in capital budgeting decisions is that they:
Which description below best describes the relationship between opportunity costs and trade-offs?
Total cost of ownership components include costs for downtime, training, and support
Which of the following managers has low concern for both production and people?
What was the Crusaders biggest obstacle to profitable sugar production in the Holy Land?
If an economy is operating inside its production possibilities curve for consumer goods
How does planning of fixed overhead costs differ from planning of variable overhead costs?
Does production converts inputs into outputs by changing the inputs in some way?
Which of the following aws services support reservations to optimize costs? (select three)
Production of melanin is controlled by a hormone secreted by which of the following?
Which of the following modes of production is characterized by subsistence food getting egalitarianism and labor organized on the basis of kinship relations?
What is assessing the difference between the standard cost and actual cost incurred?
In most industries, the major costs of producing a product or service are incurred within
Which are reasons that costs differ between a purely competitive firm and a pure monopoly?
In activity-based costing, support department costs are referred to as support activity costs.
Under variable costing, which of the following costs are treated as product costs
In the circular-flow diagram, which arrow shows the flow of factors of production?
As textile manufacturers look to reduce costs, why would they be located in ldcs?
2. explain how sellers’ costs, producer surplus, and the supply curve are related.
Costs in the latter stages of the new-product development are often than/to the earlier stages.
Which costs are included in the numerator of the accounting profit break-even point equation?
A constraining resource in which the work to be performed limits production is called a(n)
Which one of the following types of costs was incurred in the past and Cannot be recouped?
An easy way to estimate the variable and fixed costs components of a mixed cost is by
What is a system in which production of goods and services is determined by the government?
Which of the following is considered a manufacturing cost for a manufacturing company?
Which of the following would be likely to expand a production possibilities curve?
Is a philosophy that aggressively seeks to eliminate causes of production defects?
Spoilage of canned foods stored at high temperatures, accompanied by gas production, is
Which of the following is true about the production requirement for the authorized to offer elite status?
If a certain combination of goods lies inside a countrys production possibilities curve
What is the potential for reducing costs through more efficient materials management?
A single rate for the absorption of manufacturing overhead of all production centers
Chinese strategy used to quickly revolutionize industrial agriculture and production
Which of the following costs change in total in direct proportion to a change in volume
Societies with tributary production generally share which of the following features?
What number does the direct materials budget take directly from the production budget
Actual manufacturing overhead costs are recorded in the manufacturing overhead account
What is the ability to produce more of a given product using a given amount of resources?
What is a released value rate and how does its use affect a shipper’s transportation costs?
What is the stage of production at which the individual joint products are identified?
In which type of society does the main form of food production involve collecting wild plants and hunting wild animals?
When sales revenue equals the costs and expenses of making and distributing a product?
The relative proportion of variable, fixed, and mixed costs in a company is known as the company’s:
Which costs do business owners incur no matter what the level of production output is?
Period costs are costs that are incurred for the production requirements of a certain period.
Net realizable value generally means expected sales value plus expected separable costs
Systems that are especially important to firms adopting just-in-time inventory methods.
What is one way that the system of mass production generally affected families quizlet?
What are avoidable costs and unavoidable costs and how are they relevant in the decision
How are fixed manufacturing costs treated under variable costing and absorption costing?
Which of the following would cause an outward shift in the production possibility curve?
Which of the following is a question that the auditor would expect to find on the production cycle
What issues are of importance when determining whether to have a genetic test conducted?
The production of culture perspective would be least interested in which of the following
Under the __________ method, factory overhead costs are allocated to products only using one rate.
Is a segment of an organization where the manager controls revenues costs and investments?
What document authorizes the manufacturing of a product a Master production Schedule B materials requisition C move ticket D production order?
What is the term for when long run average costs decrease with an increase in the quantity produced?
Which of the following statements about relevant or differential costs analysis is correct?
Which of the following should be ignored when making decisions multiple choice differential costs sunk costs incremental costs avoidable costs?
Under absorption costing, which of the following costs would not be included in finished goods
Which of the following facility layout is best suited for the intermittent type of production
What is the importance of production and operations management to the company and what are the significant role of the production manager?
Which concept holds that consumers will Favour products that offer the most in quality performance and innovative feature?
Which of the following concepts holds that consumers will favor products that are available and highly affordable?
Which test will you do to check if there is increased or decreased RBC production or RBC loss?
When the sum of the initial projected costs exceeds the sponsors budgeted amount of funds what should be done to arrive at an acceptable budget?
Which branch of accounting is concerned with analyzing costs of products or services rendered in a business?
When using the _______ scheduling technique, startup and shutdown costs are major considerations
Accounting would be an example of which of the following costs typically found in a project?
Which of the following is NOT a production technology that enhances production and productivity
Which of the following is a compensation program that relates costs to the ability to pay?
Which of the following costs should be included as part of the cost of inventories of finished goods held by a manufacturing company?
During the Second Industrial Revolution, which system of production dominated in factories
Which of the following is assumed in constructing a typical production possibilities curve
Which of the following is most likely to shift the production possibilities curve outward?
Economic growth is shown by a shift of the production possibilities curve outward and to the right
Which theory suggested that as products mature both the location of sales and the optimal production location will change affecting the flow and direction of trade?
What is the best cost accumulation procedure to use when there is a continuous mass production of like units?
When calculating unit costs under the weighted average process costing method the unit cost is based on?
When the costing system assumes fixed costs behave as if they are variable, a(n) variance occurs.
What is the result when a company applies more overhead to production than it actually incurs?
What is the link that connects the cost of goods manufactured to the schedule of the cost of goods sold explain your response?
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