Question

2-Which type of company has the highest percentage of labour costs?

A. Wholesale company

B.Service company

C.Merchandising company

3-Vango Industries sells two products, Basic models and Deluxe models. Basic models sell for $40 per unit with variable costs of $30 per unit. Deluxe models sell for $48 per unit with variable costs of $40 per unit. Total fixed costs for the company are $76,000. Vango Industries typically sells three Basic models for every Deluxe model. What is the

break−even point in total units?

A.13,818 units

B.4,000 units

C.8,000 units

D.6,909 units

D.Manufacturing company

4-Renting a car and paying $15 per day plus $.03 per mile driven is an example of what type of cost?

A.Fixed cost

B.Mixed cost

C.Conversion cost

D.Variable cost

5-The lost profits from lost customers are an example of

A.appraisal costs.

B.prevention costs.

C.internal failure costs.

D.external failure costs.

6-Which of these documents is used to accumulate the costs of a job?

A.Materials inventory requisition form

B.Labour time record

C.Bill of materials

D.Job cost record

**-Just the correct answers (Letters), without any
explanation at all, many thanks
-Please just answer if you're sure about the answers**

Answer #1

Question 2

Answer : B.Service company

Question 3

Answer : C.8,000 units

Basic ($) | Deluxe ($) | |||

Sales | 40 | 48 | ||

Less ;Variable cost | 30 | 40 | ||

Contribution | 10 | 8 | ||

Weightage | 3 | 1 | ||

Contriution with Weight | 30 | 8 | ||

Weighted Average | = | 30+8/4 | ||

contribution | ||||

= | 38/4 | |||

Weighted contribution | = | 9.5 | ||

Break Even sales | = | Fixed cost / Contribution | ||

in units | = | 76000/9.5 | ||

= | 8000 | Units |

Question 4

Answer : B.Mixed cost

Question 5

Answer : D.external failure costs.

Question 6

Answer : D.Job cost record

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