Which of the following would not lend itself to applying direct labor variances? a. Customer service personnel. b. Telemarketer. c. Help desk assistant. d. Research and development scientist.
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- Which of the following is not a qualitative decision that should be considered in an outsourcing decision? A. employee morale B. product quality C. company reputation D. relevant costsi. What are the costs and benefits to be taken into consideration when managers choose between applying predetermined overhead rates or actual overhead rates.ii. Explain why management accountants allocate indirect cost to responsibility centres.Which of the following is not a qualitative decision that should be considered in an outsourcing decision?A. employee moraleB. product qualityC. company reputationD. relevant costs
- Which of the following is false when using ABC in a service industry? analyze operations accumulated overhead costs by activity cost pools identify activities identify and use cost drivers to assign the cost pools to productsIt would be most appropriate to develop direct labor time standards for use in administrative activities when the activity involves _____. a.Task related to non-measurable output b.Repetitive task that produces common output c.Top-level management d.Non-repetitive task that produces common outputWhich of the following would be an inappropriate activity base for allocating factory overhead costs? a. direct labor cost b. machine hours c. salaries of supervisors d. direct labor hours
- A structured job analysis questionnaire that uses a checklist approach to identify job elements is referred to as position analysis questionnaire. management position description questionnaire. guidelines oriented job analysis. functional job analysis.What other factors should a management accountant take into consideration when setting direct material and direct labour standards?Which of the following statements about responsibility accounting are correct? Select one: a. Responsibility accounting systems differ widely across organizations. b. The structure for accumulating cost information generally mirrors the structure for accumulating responsibility center information. c. Responsibility accounting is the primary responsibility of accounting staff.
- 1. What is the primary trade-off an accountant must consider when deciding whether to identify cost drivers? Is the cost/benefit of the process reasonable for more accurate behavior obtained. Will the cost driver identification provide different costs for different purposes Will material related drivers be more accurate than labor-related drivers Will the cost relationship be to complex to understand There is non trade-off to consider using cost drivers 2. An important first step in studying managerial accounting is to create a framework for thinking about the various types of cost incurred by organizations and how those costs are actively managed. True or Falsehelp accounting tutor.where the line is drawn between direct and indirect labor, is direct labor at an employee level or a managerial level?
