Acct 346 (Managerial Accounting) Final Exam – Latest

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ACCT 346 (Managerial Accounting) Final Exam – LATEST

IF You Want To Purcahse A+ Work then Click The Link Below For Instant Down Load http://www.acehomework.net/?download=acct-346-managerial-accounting-final-exam-latest IF You Face Any Problem Then E Mail Us At JOHNMATE1122@GMAIL.COM

Question 1.1. (TCO 1) How does managerial and financial accounting differ in terms of the amount of detail presented and nonmonetary and monetary information? (Points : 15) Question 2.2. (TCO 2) What is an indirect labor cost? What is an example of an indirect labor cost? (Points : 15) Question 3.3. (TCO 3) What is the difference between job order and process costing? (Points : 15) Question 4.4. (TCO 4) What is a fixed cost? What is an example of a fixed cost? (Points : 15) Question 1.1. (TCO 5) What is full costing? How does it differ from variable costing? (Points : 15) Question 2.2. (TCO 6) What is the first step in the cost allocation process? What is done in this step? (Points : 15) Question 3.3. (TCO 7) What is an incremental cost? What is an example of one? (Points : 15) Question 4.4. (TCO 8) What is activity-based pricing? How is the price determined? (Points : 15) Question 1.1. (TCO 6) Name the steps in the ABC approach. Describe each of them. Which do you think is the most important step? Why? (Points : 30) Question 2.2. (TCO 7) Products Kappa and Sigma are joint products. The joint production cost of the products is $800. Kappa has a market value of $450 at the split-off point. If Kappa is further processed at an additional cost of $600, its market value is $1,400. Product Sigma has a market value of $1,150 at the split-off point. If Product Sigma is further processed at an additional cost of $300, its market value is $1,400. Using the relative sales value method, calculate the joint product cost that would be allocated…...

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Words: 806 - Pages: 4