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ACCT 434 (Advanced Cost Management) Devry
Week 8 Final Exam

•(TCO 1) If products are alike, then for costing purposes (Points : 5)
•(TCO 1) Ireland Company produces a special spray nozzle. c the spray nozzle is $180,000. The budgeted number of nozzles to be inserted is 80,000. What is the budgeted indirect cost allocation rate for this activity? (Points : 5)
•(TCO 2) Fixed overhead costs include (Points : 5)
•(TCO 2) Information pertaining to Brenton Corporation’s sales revenue: ………Management estimates that 5% of credit sales are not collectible. Of the credit sales that are collectible, 75% are collected in the month of sale and the remainder in the month following the sale. Cost of purchases………(Points : 5)
•(TCO 2) Budgeting provides all of the following EXCEPT (Points : 5)