Questions from Managerial Accounting


Q: All-star Exposure designs and sells advertising services to small,

All-star Exposure designs and sells advertising services to small, relatively unknown companies. Last month, All-star had sales commissions costs of $50,000, technology costs of $75,000, and research...

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Q: If a company’s total fixed cost decreases by $10,000

If a company’s total fixed cost decreases by $10,000, which of the following will be true? a. The break-even point will increase. b. The variable cost ratio will increase. c. The break-even point wil...

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Q: Solemon Company has total fixed cost of $15,000,

Solemon Company has total fixed cost of $15,000, variable cost per unit of $6, and a price of $8. If Solemon wants to earn a targeted profit of $3,600, how many units must be sold? a. 2,500 b. 7,500...

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Q: Why is knowledge of cost behavior important for managerial decision making?

Why is knowledge of cost behavior important for managerial decision making? Give an example to illustrate your answer.

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Q: What is the difference between accumulating cost and assigning cost?

What is the difference between accumulating cost and assigning cost?

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Q: Who are the users of managerial accounting information?

Who are the users of managerial accounting information?

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Q: What is a direct cost? An indirect cost? Can the

What is a direct cost? An indirect cost? Can the same cost be direct for one purpose and indirect for another? Give an example.

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Q: What is a cost object? Give some examples.

What is a cost object? Give some examples.

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Q: Describe the connection between planning, feedback, and controlling.

Describe the connection between planning, feedback, and controlling.

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Q: How do managerial accounting and financial accounting differ?

How do managerial accounting and financial accounting differ?

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