Home » Need help with correctly answering MCQs

Need help with correctly answering MCQs

    • I need them completed in

      4

      hours

      Q1. Non-routine Operating Decisions include all the following except

      a. Budgeting decisions.

      b. Outsource and insource decisions.

      c. Special order decisions.

      d. Allocation of Constrained resources decisions.

      q

      2

      . Which of the following is correct regarding Relevant fixed costs

      a. They are allocated fixed costs.

      b. They unavoidable fixed costs

      c. They are all avoidable fixed costs.

      d. They are traced fixed costs

      q3. A tender has been received by a company to get a component from external supplier for 25 SR per unit that is being made inside the company with the following cost information per unit

      • Direct material SR 5
      • Direct labor SR 7
      • Variable manufacturing overhead SR 7
      • Fixed manufacturing overhead allocated SR 8
      • Selling and administrative expenses SR 5
      • Traced and avoidable Fixed manufacturing overhead SR 8

      What is the relevant cost and whether to insource or outsource.

      a. Relevant cost is 10 and the decision is to insource.

      b. Relevant cost is 32 and the decision is to outsource.

      c. Relevant cost is 40 and the decision is to outsource.

      d. Relevant cost is 27 and the decision is to outsource.

      q4. A manufacturing company is considering whether to drop or keep the product

      X

      because it realized net operating losses of

      50

      ,000 SR. The income statement for the product as follows:

      • Net sales 200,000
      • Variable costs 125,000
      • Contribution margin 75,000
      • Allocated fixed costs 75,000
      • Traced and avoidable fixed costs 50,000
      • Net operating loss 50,000

      What is the right decision?

      a. Keep because the contribution margin is less than relevant fixed costs.

      b. Keep because the contribution margin is greater than relevant fixed costs.

      c. Drop because the contribution margin is greater than relevant fixed costs.

      d. Drop to avoid net operating loss of 50,000

      q5. A special order has been received by a company to purchase 5,000 units for 25 SR per unit that is being sold to regular customers for 35 SR. Cost details per unit as follows:

        Direct material SR 5 Direct labor SR 7 Variable manufacturing overhead SR 7 Fixed manufacturing overhead allocated SR 8 Selling and administrative expenses SR 5 Traced and avoidable Fixed manufacturing overhead SR 8

      What is the right decision?

      a. Relevant cost is 40 and the decision is to outsource.

      b. Relevant cost is 32 and the decision is to outsource.

      c. Relevant cost is 10 and the decision is to in source.

      d. Relevant cost is 27 and the decision is to outsource.

      q6. the general rule to drop the product with net operating losses is

      a. Sales equal cost of goods sold.

      b. Relevant Fixed Costs – Relevant variable Costs + Opportunity cost < contribution margin

      c. Contribution = Relevant Fixed Costs + Relevant variable Costs + Opportunity cost.

      d. Contribution margin < Relevant Fixed Costs + Relevant variable Costs + Opportunity cost

      q7. The cost to in source is

      a. Relevant variable cost+ irrelevant fixed cost- opportunity cost.

      b. Relevant variable cost+ relevant fixed cost- opportunity cost.

      c. Relevant variable cost+ relevant fixed cost+ opportunity cost.

      d. Relevant fixed cost – relevant variable cost+ opportunity cost.

      q8. Below is the information about product

      X

      ,

      Y

      Particular

      X

      Contribution margin per unit

      70

      Labor hour per unit

      4

      120,000

      Y

      Total

      50
      2

      Labor hours available

      Assuming

      Labor hours available

      are constrained and the demand for the products are unlimited.

      What is the mix of sales that maximize the contribution margin for the company?

      a. 40,000 units from product X and 10,000 units from Y.

      b. 10, 000 units from product Y

      c. 60,000 units from product X

      d. 30,000 units from product Y

      q9. Below is the information about product X , Y

      Particular X

      Contribution margin per unit

      70

      Labor hour per unit

      4

      Labor hours available 120,000

      Y Total
      50
      2

      Assuming Labor hours available are constrained and the demand for the products X limited as a maximum of 40,000 units.

      What is the mix of sales that maximize the contribution margin for the company? a. 40,000 units from product X and 10,000 units from Y.

      b. 30,000 units from product Y

      c. 60,000 units from product X

      d. 10,000 units from product X and 40,000 units from Y.

      q10. Which of the following is correct In case of accepting special order at the expense of sales to regular customers.

      a. Relevant costs will be calculated without the income lost due to decline in contribution margin on regular sales.

      b. Oportunity cost should be deducted from relevant costs.

      c. Oportunity cost should be added to relevant costs to be covered by the price for the special order.

      d. No effects on profit.

      Place your order
      (550 words)

      Approximate price: $22

      Calculate the price of your order

      550 words
      We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
      Total price:
      $26
      The price is based on these factors:
      Academic level
      Number of pages
      Urgency
      Basic features
      • Free title page and bibliography
      • Unlimited revisions
      • Plagiarism-free guarantee
      • Money-back guarantee
      • 24/7 support
      On-demand options
      • Writer’s samples
      • Part-by-part delivery
      • Overnight delivery
      • Copies of used sources
      • Expert Proofreading
      Paper format
      • 275 words per page
      • 12 pt Arial/Times New Roman
      • Double line spacing
      • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

      Our guarantees

      Delivering a high-quality product at a reasonable price is not enough anymore.
      That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

      Money-back guarantee

      You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

      Read more

      Zero-plagiarism guarantee

      Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

      Read more

      Free-revision policy

      Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

      Read more

      Privacy policy

      Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

      Read more

      Fair-cooperation guarantee

      By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

      Read more

      Order your essay today and save 30% with the discount code ESSAYHELP