211234567 89 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 415. The relevant costing involves making decision to the following, except:a. accept or reject a special order.b. price higher or lower.c. keep or drop a segment or product line.d. overcome limited factors. 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 384. The following data have been provided by a company for a recentaccounting period. The cost of goods manufactured for the period was:Inventories, beginning:Raw materials.Work-in-process.Finished goods.Inventories, ending:$10,000$2.000$34,000Raw materials.$11.000$4.000Work-in-proces..Finished goods$30,000Purchases of raw materials.Direct labor wagesSales commissions$50,000$40.000$3,000$60,000Manufacturing overhead.Marketing costs.Administrative expenses.$55,000$70.000Sales$300,000a. $147,000b. $154,000c. $151,000d. $153,000LOYcent:

Relevant Costing is a managerial decision that decides upon how unnecessary costs can be avoided and…

Answered: Cost Bunso making decision to the…

Cost Bunso making decision to the following, excep accept or reject a special order. price higher or lower. keep or drop a segment or product line. overcome limited factors.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

21
1234567 89 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41
5. The relevant costing involves making decision to the following, except:
a. accept or reject a special order.
b. price higher or lower.
c. keep or drop a segment or product line.
d. overcome limited factors.

12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38
4. The following data have been provided by a company for a recent
accounting period. The cost of goods manufactured for the period was:
Inventories, beginning:
Raw materials.
Work-in-process.
Finished goods.
Inventories, ending:
$10,000
$2.000
$34,000
Raw materials.
$11.000
$4.000
Work-in-proces..
Finished goods
$30,000
Purchases of raw materials.
Direct labor wages
Sales commissions
$50,000
$40.000
$3,000
$60,000
Manufacturing overhead.
Marketing costs.
Administrative expenses.
$55,000
$70.000
Sales
$300,000
a. $147,000
b. $154,000
c. $151,000
d. $153,000
LOYcent:

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