Stichworte inventory cost flow assumption

Stichworte: inventory cost flow assumption

A hotel will use a job order cost system for which of the following expenses?

A hotel will use a job order cost system for which of the following expenses?

Which of the following is not a typical cash flow under financing activities?

Which of the following is not a typical cash flow under financing activities?

Which of the following statements related to the cash flow to creditors must be correct?

Which of the following statements related to the cash flow to creditors must be correct?

On the cost of goods manufactured schedule, the cost of goods manufactured agrees with the

On the cost of goods manufactured schedule, the cost of goods manufactured agrees with the

In a job order cost accounting system, the raw materials inventory account is

In a job order cost accounting system, the raw materials inventory account is

What is the disadvantage of using the gross profit method when estimating ending inventory?

What is the disadvantage of using the gross profit method when estimating ending inventory?

With regard to the retail inventory method, which is the most accurate statement

With regard to the retail inventory method, which is the most accurate statement

A competitive firms marginal cost curve is regarded as its supply curve because

A competitive firms marginal cost curve is regarded as its supply curve because

Cost and schedule are a part of a Product Metrics b process Metrics c Project Metrics d all of above

Cost and schedule are a part of a Product Metrics b process Metrics c Project Metrics d all of above

Which of the following is not technology used to track cost flows in a company

Which of the following is not technology used to track cost flows in a company

What is the collection of alleles found in all of the individuals of a population?

What is the collection of alleles found in all of the individuals of a population?

The product cost accounting system used when discrete products are manufactured is known as a

The product cost accounting system used when discrete products are manufactured is known as a

Oak City issued a purchase order for supplies with an estimated cost of $4,950

Oak City issued a purchase order for supplies with an estimated cost of $4,950

What is the difference between actual and absorbed factory overhead is called?

What is the difference between actual and absorbed factory overhead is called?

Which of the following is an analytical procedure used in the inventory cycle?

Which of the following is an analytical procedure used in the inventory cycle?

Which would be an appropriate cost driver for the machining activity cost pool

Which would be an appropriate cost driver for the machining activity cost pool

Comparing the costs and benefits of each potential course of action is called:

Comparing the costs and benefits of each potential course of action is called:

What would happen to the equilibrium price and quantity of lattes if the cost?

What would happen to the equilibrium price and quantity of lattes if the cost?

In the context of therapeutic modalities, ultrasound is used to increase blood flow.

In the context of therapeutic modalities, ultrasound is used to increase blood flow.

Inventory shipped fob destination and in transit on the last day of the year should be included in:

Inventory shipped fob destination and in transit on the last day of the year should be included in:

Which of the following AWS service allows for effective cost management of multiple AWS accounts?

Which of the following AWS service allows for effective cost management of multiple AWS accounts?

Which AWS service allows for effective cost management of multiple AWS accounts

Which AWS service allows for effective cost management of multiple AWS accounts

Which of the following does not affect economic order quantity ordering process

Which of the following does not affect economic order quantity ordering process

Reconciliation of net cash flows from operating activities to surplus/(deficit)

Reconciliation of net cash flows from operating activities to surplus/(deficit)

Under variable costing, which of the following is not considered a product cost

Under variable costing, which of the following is not considered a product cost

Which of the following would be most effective in reducing agency costs within a firm?

Which of the following would be most effective in reducing agency costs within a firm?

The cost of robots used on an automotive assembly line is an example of a cost for _blank_.

The cost of robots used on an automotive assembly line is an example of a cost for _blank_.

Which cost accounting processes would be most appropriate for firms that mass produce large quantities of similar or homogeneous products?

Which cost accounting processes would be most appropriate for firms that mass produce large quantities of similar or homogeneous products?

Put the steps of the locational cost profit volume analysis in the correct order

Put the steps of the locational cost profit volume analysis in the correct order

A credit-based score that is highly predictive of future claims cost is an individuals

A credit-based score that is highly predictive of future claims cost is an individuals

Given a cost function C(Q) = 200 + 14Q + 8Q2, what is the marginal cost function

Given a cost function C(Q) = 200 + 14Q + 8Q2, what is the marginal cost function

Which of the following are focuses of the Reliability pillar of the well architected framework?

Which of the following are focuses of the Reliability pillar of the well architected framework?

What happens to each producers opportunity cost of fresh baked bread as more bread is produced

What happens to each producers opportunity cost of fresh baked bread as more bread is produced

When all of a companys job cost sheets are viewed collectively they form what is known as a N ______?

When all of a companys job cost sheets are viewed collectively they form what is known as a N ______?

What are the steps in developing a budgeted variable overhead cost-allocation rate?

What are the steps in developing a budgeted variable overhead cost-allocation rate?

Cost based transfers frequently include a normal markup to the costs as a surrogate for

Cost based transfers frequently include a normal markup to the costs as a surrogate for

The difference between actual and budgeted costs is the production cost variance.

The difference between actual and budgeted costs is the production cost variance.

Which pricing strategy focuses on setting the price based on competitors pricing?

Which pricing strategy focuses on setting the price based on competitors pricing?

What is the most widely used inventory management system in distribution operations?

What is the most widely used inventory management system in distribution operations?

In jit inventory control, having one item too many is as bad as have one item too few.

In jit inventory control, having one item too many is as bad as have one item too few.

Insurance on a companys buildings would most likely be classified as a ______________ cost?

Insurance on a companys buildings would most likely be classified as a ______________ cost?

Which is an advantage that regression techniques have over other cost estimation?

Which is an advantage that regression techniques have over other cost estimation?

The predetermined cost of performing an operation or producing a good or service

The predetermined cost of performing an operation or producing a good or service

When the total revenue is than the total cost the level of profit that occurs is a loss

When the total revenue is than the total cost the level of profit that occurs is a loss

What is not considered an advantage of using the retail method of inventory costing?

What is not considered an advantage of using the retail method of inventory costing?

Which of the following measures the operating cash flow a project produces minus?

Which of the following measures the operating cash flow a project produces minus?

The annual cost of a high utilization reserved usage depends on the number of hours used

The annual cost of a high utilization reserved usage depends on the number of hours used

In a job order cost system, raw materials purchased are debited to which account?

In a job order cost system, raw materials purchased are debited to which account?

Which of the following is not a reason that net income and operating cash flow differ

Which of the following is not a reason that net income and operating cash flow differ

Which of the following Isare is true about the underlying assumption of economic order quantity EOQ?

Which of the following Isare is true about the underlying assumption of economic order quantity EOQ?

The cost of equipment purchased by a company last year would be an avoidable cost

The cost of equipment purchased by a company last year would be an avoidable cost

Which of the following costs is most likely to be a batch-level cost in the cost hierarchy?

Which of the following costs is most likely to be a batch-level cost in the cost hierarchy?

Fifo is the inventory costing method that follows the physical flow of the goods. true false

Fifo is the inventory costing method that follows the physical flow of the goods. true false

The use of the lower of cost or market method of inventory valuation increases net income

The use of the lower of cost or market method of inventory valuation increases net income

Which of the following is not a common cost flow assumption used in costing inventory

Which of the following is not a common cost flow assumption used in costing inventory

Which statement below correctly explains what merchandise inventory is multiple choice question?

Which statement below correctly explains what merchandise inventory is multiple choice question?

Determine the fixed manufacturing cost per month at each of the following capacity levels

Determine the fixed manufacturing cost per month at each of the following capacity levels

Cost flow assumption that requires computation of a new average unit cost after each purchase.

Cost flow assumption that requires computation of a new average unit cost after each purchase.

Why might it be a mistake to allocate fixed costs to different products or segments?

Why might it be a mistake to allocate fixed costs to different products or segments?

Which of the following is not an assumption of the theory of perfect competition?

Which of the following is not an assumption of the theory of perfect competition?

Which of these is the price that an individual or a corporation pays for the use of anothers money?

Which of these is the price that an individual or a corporation pays for the use of anothers money?

The nurse is teaching a patient with poor arterial circulation about checking blood flow in the legs

The nurse is teaching a patient with poor arterial circulation about checking blood flow in the legs

Which of the following is a home-country policy aimed at restricting outward fdi flow?

Which of the following is a home-country policy aimed at restricting outward fdi flow?

The cost of a good or service, determined by the interaction of supply and demand

The cost of a good or service, determined by the interaction of supply and demand

________ is a set of principles concerned with reducing waste and improving flow.

________ is a set of principles concerned with reducing waste and improving flow.

Why does DHCP use 255.255 255.255 as the destination address during its operation?

Why does DHCP use 255.255 255.255 as the destination address during its operation?

Fifo, an inventory costing method, actually describes how to calculate the cost of ______.

Fifo, an inventory costing method, actually describes how to calculate the cost of ______.

Inventory is reported on the ______. later, when the inventory is sold, it becomes ______.

Inventory is reported on the . later, when the inventory is sold, it becomes .

Which of the following statements about the direct/indirect cost classification is true

Which of the following statements about the direct/indirect cost classification is true

When using a perpetual inventory system two entries are required to record a sale?

When using a perpetual inventory system two entries are required to record a sale?

What does the cost of a unit of product under absorption costing method consist of

What does the cost of a unit of product under absorption costing method consist of

B. if the fixed cost increased, would the new break-even point be higher or lower?

B. if the fixed cost increased, would the new break-even point be higher or lower?

Which of the following costs is not included in the merchandise inventory account quizlet?

Which of the following costs is not included in the merchandise inventory account quizlet?

Which of the following statements is not an assumption of theory x for leadership?

Which of the following statements is not an assumption of theory x for leadership?

Which term is applied to the excess of revenue from sales over the cost of merchandise sold?

Which term is applied to the excess of revenue from sales over the cost of merchandise sold?

Which statement s include the ending balance of cash and cash equivalents Select all that apply

Which statement s include the ending balance of cash and cash equivalents Select all that apply

Which of the following statements is an implication of the going concern assumption?

Which of the following statements is an implication of the going concern assumption?

How is a significant amount of consignment inventory reported on the balance sheet?

How is a significant amount of consignment inventory reported on the balance sheet?

Which of the following cash flows is not a free cash flow associated with a project?

Which of the following cash flows is not a free cash flow associated with a project?

Are expenses that change in proportion to the activity of a business or individual?

Are expenses that change in proportion to the activity of a business or individual?

You can use Azure Advisor to determine when it is cost effective to purchase reserved instances

You can use Azure Advisor to determine when it is cost effective to purchase reserved instances

Under Which inventory cost flow assumption is the cost of the most recent purchase?

Under Which inventory cost flow assumption is the cost of the most recent purchase?

Which inventory method produces the lowest income tax during a period of inflation?

Which inventory method produces the lowest income tax during a period of inflation?

The retail inventory method would include which of the following in the calculation

The retail inventory method would include which of the following in the calculation

How much cash is a firm generating through operating, investing, and financing activities?

How much cash is a firm generating through operating, investing, and financing activities?

Which of the following is likely to bottom out so further unit cost reduction become difficult?

Which of the following is likely to bottom out so further unit cost reduction become difficult?

Which of the following refers to unit cost increased a large scale of output group of answer choices?

Which of the following refers to unit cost increased a large scale of output group of answer choices?

Which of the following is not an assumption made when using the gross profit method?

Which of the following is not an assumption made when using the gross profit method?

The primary capital budgeting method that uses discounted cash flow techniques is the

The primary capital budgeting method that uses discounted cash flow techniques is the

Is the term used to describe the difference between the cost of inputs and the value or price of outputs?

Is the term used to describe the difference between the cost of inputs and the value or price of outputs?

Which inventory cost flow method will produce the highest income and asset values in an inflationary environment quizlet?

Which inventory cost flow method will produce the highest income and asset values in an inflationary environment quizlet?

What are the two categories of comparison when evaluating comparables to a subject property

What are the two categories of comparison when evaluating comparables to a subject property

The extent to which an organization uses fixed costs in its cost structure is measured by:

The extent to which an organization uses fixed costs in its cost structure is measured by:

Which of the following underlying assumptions form(s) the basis for cost-volume-profit analysis?

Which of the following underlying assumptions form(s) the basis for cost-volume-profit analysis?

What does the first drop of blood contain what would be its effect if it were not wiped off?

What does the first drop of blood contain what would be its effect if it were not wiped off?

Presented below are incomplete manufacturing cost data Determine the missing amounts

Presented below are incomplete manufacturing cost data Determine the missing amounts

The cost accounting system which is used when producing customized products is called

The cost accounting system which is used when producing customized products is called

A narrow scope strategic approach refers to a company that is not pursuing a low cost approach.

A narrow scope strategic approach refers to a company that is not pursuing a low cost approach.

Which of the following is not a factor that can lead to a low-cost position in the industry?

Which of the following is not a factor that can lead to a low-cost position in the industry?

When you add an inventory part to the item list QuickBooks looks for two accounts to associate with the inventory part what are the two accounts?

When you add an inventory part to the item list QuickBooks looks for two accounts to associate with the inventory part what are the two accounts?