Solved by verified expert :79. Which
of the following is a direct cost in relation to the cost of teaching the
managerial accounting course you are currently taking?
A. The
cost of the paper that you receive as handouts for the class
B. The
cost of the room you are using for the class
C. The
cost of the registration system that allowed you to enroll in the class
D. The
cost of the financial aid department that helps you fund the cost of taking the
class
80. Which
of the following is likely to be a noncontrollable cost of a department
supervisor?
A. labor
in the department
B. materials
used in the department
C. insurance
on the plant
D. overtime
premium pay earned by those working in the department
81. A
manager should be evaluated based on
A. noncontrollable
costs.
B. opportunity
costs.
C. controllable
costs.
D. sunk
costs.
82. Shula’s
347 Grill has budgeted the following costs for a month in which 1,600 steak
dinners will be produced and sold: Materials, $4,080; hourly labor (variable),
$5,200; rent (fixed), $1,700; depreciation, $800; and other fixed costs, $600. Each
steak dinner sells for $14.00 each. How much is the budgeted variable cost per
unit?
A. $5.80
B. $7.74
C. $6.68
D. $3.25
83. Shula’s
347 Grill has budgeted the following costs for a month in which 1,600 steak
dinners will be produced and sold: Materials, $4,080; hourly labor (variable),
$5,200; rent (fixed), $1,700; depreciation, $800; and other fixed costs, $600. Each
steak dinner sells for $14.00 each. What is the budgeted total variable cost?
A. $5,200
B. $9,280
C. $10,080
D. $2,300
84. Shula’s
347 Grill has budgeted the following costs for a month in which 1,600 steak
dinners will be produced and sold: Materials, $4,080; hourly labor (variable),
$5,200; rent (fixed), $1,700; depreciation, $800; and other fixed costs, $600. Each
steak dinner sells for $14.00 each. What is the budgeted total fixed cost?
A. $7,180
B. $1,700
C. $2,300
D. $3,100
85. Shula’s
347 Grill has budgeted the following costs for a month in which 1,600 steak
dinners will be produced and sold: Materials, $4,080; hourly labor (variable),
$5,200; rent (fixed), $1,700; depreciation, $800; and other fixed costs, $600. Each
steak dinner sells for $14.00 each. What is the budgeted fixed cost per unit?
A. $1.06
B. $1.44
C. $4.49
D. $1.94
86. Shula’s
347 Grill has budgeted the following costs for a month in which 1,600 steak
dinners will be produced and sold: Materials, $4,080; hourly labor (variable),
$5,200; rent (fixed), $1,700; depreciation, $800; and other fixed costs, $600. Each
steak dinner sells for $14.00 each. What is Shula’s budgeted profit?
A. $22,400
B. $13,120
C. $10,020
D. $12,380
87. Shula’s
347 Grill has budgeted the following costs for a month in which 1,600 steak
dinners will be produced and sold: Materials, $4,080; hourly labor (variable),
$5,200; rent (fixed), $1,700; depreciation, $800; and other fixed costs, $600. Each
steak dinner sells for $14.00 each. How much would Shula’s profit increase if
10 more dinners were sold?
A. $140.00
B. $62.60
C. $58.00
D. $82.00
88. Ceradyne
projects variable labor costs of $21,500 in July when 8,600 units are produced.
If production is expected to drop to 8,000 units in August, what is the
expected labor cost in August?
A. $21,500
B. $20,000
C. $23,113
D. $20,900
