9 Which purpose of cost allocation is used to encourage sales representatives to push high-margin products or services?   Select one: a. To measure income and assets for reporting to external parties b.To compute reimbursement c.To provide information for economic decisions d.To justify costs e.To motivate managers and other employees

Which of the following is NOT a period cost? Select one: O a. manufacturing costs. Ob general and administrative costs. Oc marketing costs. Od. research and development costs. Which of the following is NOT one of the questions management accountants might attempt to help answer in the formulation of strategy? Select one: a. What substitute products exist in the marketplace? Ob. Who are our most important customers? Does the strategy comply with GAAP (Generally Accepted Accounting Principles)? Od. Will adequate cash be available to implement the strategy?

Which objective of cost accounting classifies and analyzes cost date for measuring efficiency? a. Guide to business policy b. Determination of selling price c. Cost control and reduction d. Measuring and improving performance

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20. Select which of the following requires a separate measurement of cost. a.Number b.Activity c.Area d.Volume   21. Select the objective of cost accounting which helps the management in doing the business efficiently. a.Guide to business policy b.Cost control and reduction c.Determination of selling price d.Ascertainment of time

____              1.Which of the following is a responsibility center that incurs expenses, generates revenues, and is responsible for generating a return on assets? a.              Cost center b.              Revenue center c.              Profit center d.              Investment center   ____              2.Which one of the following is the most useful measure for evaluating a manager's performance in controlling revenues and costs in a profit center? a.              Contribution margin b.              Contribution net income c.              Contribution gross profit d.              Controllable margin   ____              3.Hanover Corporation desires to earn target net income of $42,000. The selling price per unit is $18, unit variable cost is $5.60, and total fixed costs are $123,912. How many units must the company sell to earn its target net income? a.              13,380 b.              9,993 c.              3,387 d.              9,217   ____              4.Remark…

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What is Customer Support Services in functions of marketing? A. The first impressions your product B. A separate identity C. Support services that a product requires D. Selling price per unit that customers pay