Question : 181. Variable costing useful to managers for all but the following: A. cost : 1246790

181. Variable costing is useful to managers for all but the following: A. cost controlB. product pricingC. reporting to the public in certified financial statementsD. production planning

182. The Harold Corporation just started business in January of 2010. They had no beginning inventories. During 2010 they manufactured 12,000 units of product, and sold 10,000 units. The selling price of each unit was $20. Variable manufacturing costs were $4 per unit, and variable selling and administrative costs were $2 per unit. Fixed manufacturing costs were $24,000 and fixed selling and administrative costs were $6,000. What would be the Harold Corporations Net income for 2010 using absorption costing? A. $114,000B. $110,000C. $4,000D. $106,000

183. The Harold Corporation just started business in January of 2010. They had no beginning inventories. During 2010 they manufactured 12,000 units of product, and sold 10,000 units. The selling price of each unit was $20. Variable manufacturing costs were $4 per unit, and variable selling and administrative costs were $2 per unit. Fixed manufacturing costs were $24,000 and fixed selling and administrative costs were $6,000. What would be the Harold Corporations Net income for 2010 using direct costing? A. $114,000B. $110,000C. $4,000D. $106,000

184. The Harold Corporation just started business in January of 2010. They had no beginning inventories. During 2010 they manufactured 12,000 units of product, and sold 10,000 units. The selling price of each unit was $20. Variable manufacturing costs were $4 per unit, and variable selling and administrative costs were $2 per unit. Fixed manufacturing costs were $24,000 and fixed selling and administrative costs were $6,000. What would be the difference in Harold Corporation’s Net income for 2010 if they used direct costing instead of absorption costing? A. No differenceB. $2,000 greaterC. $4,000 lessD. $6,000 less

185. Variable cost per unit = $5.00Average Fixed Cost per unit = $7.00Units sold and produced in July 25,000What is total estimate cost for August if 30,000 units are projected to be produced and sold? A. $360,000B. $325,000C. $175,000D. $300,000

186. Selling price = $80 per unitVariable cost = $30 per unitUnits = 20,000Fixed costs = $240,000This company is considering a 20% drop in selling price that they believe will raise units sold by 20%.   All other costs stay the same.  How much will income go up or down if they make this change? A. $184,000 less incomeB. $320,000  less incomeC. $20,000 more incomeD. $40,000 more income

187. Variable cost as a percentage of sales = 60%Unit Variable cost = $30Fixed costs = $200,000What is the breakeven point in units? A. 12,000 unitsB. 10,000 unitsC. 14,000 unitsD. 8,000 units

188. Given the following cost data, what type of cost is shown?

Total Cost

# of units

$500

1

$1,000

2

$1,500

3

$2,000

4

 A. mixed costB. variable costC. fixed costD. none of the above

189. Given the following cost data, what type of cost is shown?

Cost per unit

# of units

$5,000

1

$2,500

2

$1,667

3

$1,250

4

 A. mixed costB. variable costC. fixed cost D. none of the above

190. Given the following cost data, what type of cost is shown?

Total Cost

# of units

$3,500

1

$4,000

2

$4,500

3

$5,000

4

 A. mixed costB. variable costC. fixed cost D. none of the above