# ACCT344 Final Exam Latest Devry

Apr 2nd, 2015
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Which cost is NOT a period cost? Which product would use job-order costing?

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? ACCT 344 Final Exam Latest 2014 - DevryIF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://www.hwnerd.com/ACCT-344-Final-Exam-Latest-2014-Devry-1235.htmIf You Face Any Problem E- Mail Us At Contact.Hwnerd@Gmail.Com (TCO 2) Which cost is NOT a period cost? (Points : 5)Lumber for furnitureExecutive administrative assistant salaryDepreciation on sales staff's carsSales commission Question 2.2.(TCO 2) Which product would use job-order costing? (Points : 5) Ink pensCustom boot makerSoda popHorse saddles Question 3.3.(TCO 3) As production occurs, materials, direct labor, and applied manufacturing overhead are recorded in (Points : 5) cost of goods sold.work-in-process.materials.finished goods. Question 4.4.(TCO 8) A company keeps 60 days of materials inventory on hand to avoid shutdowns due to materials shortages. Carrying costs average \$5,000 per day. A competitor keeps 30 days of inventory on hand, and the competitor's carrying costs average \$2,000 per day. The value-added costs are (Points : 5) \$300,000.\$150,000.\$60,000.\$0. Question 5.5.(TCO 8) Which is a value-added activity?(Points : 5) MovingInspectionProcessingWaiting Question 6.6.(TCO 1) The break-even point is (Points : 5)the volume of activity where all fixed costs are recovered.where fixed costs equal total variable costs.where total revenues equal total costs.where total costs equal total contribution margin. Question 7.7.(TCO 1) The Kringel Com

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