unit 3 quiz latest one

Jul 7th, 2016
Studypool Tutor
Price: $15 USD

Tutor description

Question Question 1. 1. Accurate cost estimates are required by strategic management for all except: (Points : 2) To facilitate strategic positioning analysis. To facilitate target costing and life-cycle costing. To facilitate value-chain analysis. Accounting internal control. Question 2. 2. The use of a relationship of total factory overhead to direct labor hours is said to be valid only within the relevant range, which means: (Points : 2) Within a reasonable dollar amount for labor costs. Within the range of observations of the cost driver. Within the range of reasonableness as judged by the department supervisor. Within the budget allowance for overhead. Question 3. 3. Which of the following is required for multiple regression? (Points : 2) The use of dummy variables. The use of more than one cost driver. The use of more than one dependent variable. The use of a trend variable. The use of multiple sets of data. Question 4. 4. The R-squared in a satisfactory regression

Word Count: 952
Showing Page: 1/5
unit 3 quiz latest oneReport this Question as InappropriateQuestionQuestion 1. 1. Accurate cost estimates are required by strategic management for all except:(Points : 2)To facilitate strategic positioning analysis.To facilitate target costing and life-cycle costing.To facilitate value-chain analysis.Accounting internal control.Question 2. 2. The use of a relationship of total factory overhead to direct labor hours is said tobe valid only within the relevant range, which means: (Points : 2)Within a reasonable dollar amount for labor costs.Within the range of observations of the cost driver.Within the range of reasonableness as judged by the department supervisor.Within the budget allowance for overhead.Question 3. 3. Which of the following is required for multiple regression? (Points : 2)The use of dummy variables.The use of more than one cost driver.The use of more than one dependent variable.The use of a trend variable.The use of multiple sets of data.Question 4. 4. The R-squared in a satisfactory regression should be: (Points : 2)less than .3greater than .3less than .7greater than .7Question 5. 5. High operating leverage represents increased risk associated with relatively:(Points : 2)High variable costs in the firm's cost structure.High fixed cost in the firm's cost structure.High sales revenue combined with high variable costs.High asset turnover.High levels of unit-level (i.e., volume-related) costs.Question 6. 6. The difference between

Review from student

Studypool Student
" awesome work thanks "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1819 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors