Accounting and Geography

if the sales price is $20 per unit, the variable cost is $12 per unit, total fixed costs are $12,000 and $15,000 units are produced,

the contribution margin per unit is:

a. 20

b. 9

c. 12

d. 8

which of the following statements are true regarding fixed overhead volume variance?

A. if production volume is less then anticipated, then fixed overhead has been under allocated and the fixed overhead volume

valiance is favorable

B. if production volume is less then anticipated, then fixed overhead has been under

allocated and the fixed overhead volume valiance is unfavorable.

C. if production volume is Greater then anticipated, then fixed overhead has been under

allocated and the fixed overhead volume valiance is Favorable.

D. if production volume is Greater then anticipated, then fixed overhead has been under

allocated and the fixed overhead volume valiance is unfavorable.

When selecting a manufacturing overhead allocation base, managers should select the:

a. numbers of products produced.

b. Activity-based products.

c. Cost driver of those manufacturing overhead costs.

d. Same number used in prior years.

World Geography

horizontal integration in economic production occurs when:

a. factories are located next to one another, to ease transportation costs

b. owners of a factory buy out other producers in the industry

c. new technologies allow for greater competition and lower prices

d. banks buy up the stock of a specific industry, in order to increase production

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