C. Fixed costs will generally decrease. D. All of choices are correct Answers 30 B 55 A 80 A 105 B 130 C 31 B 56 C 81 C 106 A 131 C 32 B 57 D 82 A 107 C 132 A 33 A 58 A 83 A 108 B 133 A 34 A 59 C 84 A 109 A 134 D 35 D 60 A 85 C 110 C 135 C 36 A 61 A 86 A 111 D 136 B 37 B 62 D 87 A 112 C 137 A 38 D 63 C 88 D 113 C 138 B 39 C 64 B 89 A 114 D 139 C 40 D 65 D 90 C 115 B 140 A 41 A 66 A 91 B 116 A 141 B 42 A 67 A 92 C 117 A 142 C 43 D 68 C 93 A 118 B 143 C 44 A 69 B 94 B 119 D 144 C 45 C 70 C 95 C 120 A 145 A 46 B 71 B 96 B 121 C 146 B 47 A 72 A 97 B 122 C 147 B 48 D 73 B 98 D 123 D 148 D 49 A 74 C 99 D 124 A 149 D 50 C 75 D 100 A 125 A 150 A 51 A 76 B 101 B 126 A 52 D 77 A 102 C 127 B 53 D 78 D 103 D 128 D 54 A 79 A 104 D 129 A Matching 151. Match each of the following terms with the phrase that most closely describes it.Each answer may be used only once. ______ 1. activity-based costing ______ 9. overapplied overhead ______ 2. cost of goods available for sale ______ 10. period costs ______ 3. cost of goods manufactured ______ 11. process costing system ______ 4. direct materials ______ 12. product costs ______ 5. costing system ______ 13. total quality management ______ 6. just-in-time system ______ 14. underapplied overhead ______ 7. indirect materials ______ 15. work in process ______ 8. manufacturing overhead 16. predetermined overhead rate
C. Fixed costs will generally decrease. D. All of choices are correct Answers 30 B 55 A 80 A 105 B 130 C 31 B 56 C 81 C 106 A 131 C 32 B 57 D 82 A 107 C 132 A 33 A 58 A 83 A 108 B 133 A 34 A 59 C 84 A 109 A 134 D 35 D 60 A 85 C 110 C 135 C 36 A 61 A 86 A 111 D 136 B 37 B 62 D 87 A 112 C 137 A 38 D 63 C 88 D 113 C 138 B 39 C 64 B 89 A 114 D 139 C 40 D 65 D 90 C 115 B 140 A 41 A 66 A 91 B 116 A 141 B 42 A 67 A 92 C 117 A 142 C 43 D 68 C 93 A 118 B 143 C 44 A 69 B 94 B 119 D 144 C 45 C 70 C 95 C 120 A 145 A 46 B 71 B 96 B 121 C 146 B 47 A 72 A 97 B 122 C 147 B 48 D 73 B 98 D 123 D 148 D 49 A 74 C 99 D 124 A 149 D 50 C 75 D 100 A 125 A 150 A 51 A 76 B 101 B 126 A 52 D 77 A 102 C 127 B 53 D 78 D 103 D 128 D 54 A 79 A 104 D 129 A Matching 151. Match each of the following terms with the phrase that most closely describes it.Each answer may be used only once. ______ 1. activity-based costing ______ 9. overapplied overhead ______ 2. cost of goods available for sale ______ 10. period costs ______ 3. cost of goods manufactured ______ 11. process costing system ______ 4. direct materials ______ 12. product costs ______ 5. costing system ______ 13. total quality management ______ 6. just-in-time system ______ 14. underapplied overhead ______ 7. indirect materials ______ 15. work in process ______ 8. manufacturing overhead 16. predetermined overhead rate
Test-bank-for-Managerial-Accounting-5th-Edition-by-James-Jiambalvo.docx