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Question
A profit center:A.Incurs costs, but does not directly generate revenues.
B.Incurs costs and directly generates revenues.
C.Has a manager who is evaluated solely on efficiency in controlling costs.
D.Incurs only indirect costs and directly generates revenues.
E.Incurs only indirect costs and generates revenues.
Answer
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Related questions
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The predetermined overhead allocation rate is used to apply overhead cost to products.
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B.Proceeds from the sale (discounting) of notes receivable made by the company.
C.Proceeds from collecting the principal amount of notes receivable.
D.Payments to acquire held-to maturity securities of other entities, except cash equivalents.
E.All of these.
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What was the materials cost per equivalent unit produced during June? What was the labor and overhead cost per equivalent unit produced during June?
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How many equivalent units of materials were added to all units processed during June? How many equivalent units of labor and overhead were added to all units processed during June?
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A.Compact disks.
B.Slacks for casual wear.
C.Baseball hats.
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E.Oil paintings.
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Q:
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B.Does not provide total unit cost data.
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D.Does not provide for the allocation of any cost to products that cannot be directly attributable to those products.
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B.A capital expenditures budget.
C.A budgeted income statement.
D.A cash budget.
E.All of these.
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Q:
A CVP graph presents data on:
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B.Profit, loss, and break-even on a total basis.
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The following information is available for Talking Toys, Inc., for the current year: The total cost of goods manufactured for the year was:
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B.$44,500.
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D.Job cost sheet.
E.The current manufacturing statement.