Questions from Cost Accounting

Q: Name two items classified as prevention costs

Name two items classified as prevention costs

Q: The job-costing system at Melody’s Custom Framing has five indirect

The job-costing system at Melody’s Custom Framing has five indirect cost pools (purchasing, material handling, machine maintenance, product inspection, and packaging). The company is...

Q: Give two examples of appraisal costs.

Give two examples of appraisal costs.

Q: Name six cost categories that are important in managing goods for sale

Name six cost categories that are important in managing goods for sale in a retail company.

Q: Give examples of costs included in annual carrying costs of inventory when

Give examples of costs included in annual carrying costs of inventory when using the EOQ decision model.

Q: “Capital budgeting has the same focus as accrual accounting.” Do

“Capital budgeting has the same focus as accrual accounting.” Do you agree? Explain.

Q: How can sensitivity analysis be incorporated in DCF analysis?

How can sensitivity analysis be incorporated in DCF analysis?

Q: Describe moral hazard.

Describe moral hazard.

Q: What factors affecting ROI does the DuPont method of profitability analysis highlight

What factors affecting ROI does the DuPont method of profitability analysis highlight?

Q: Describe EVA.

Describe EVA.