Stichworte cost reductions

Stichworte: cost reductions

Select an appropriate section of process cost summary from the drop down list

Select an appropriate section of process cost summary from the drop down list

In which of the following strategies the cost reduction pressures and local responsiveness pressures are low?

In which of the following strategies the cost reduction pressures and local responsiveness pressures are low?

Which of the following has the object of providing the same or better value to customers at a lower cost than offered by competitors?

Which of the following has the object of providing the same or better value to customers at a lower cost than offered by competitors?

In conjunction with a cost management system, gap analysis refers to comparing

In conjunction with a cost management system, gap analysis refers to comparing

___________ can be used to collect large amounts of information at a low cost.

___________ can be used to collect large amounts of information at a low cost.

Which of the following is included in the product cost under variable costing?

Which of the following is included in the product cost under variable costing?

Which of the following is a correct journal entry to record direct labor cost?

Which of the following is a correct journal entry to record direct labor cost?

Which of the following is an example of an internal factor influencing decisions to change a menu?

Which of the following is an example of an internal factor influencing decisions to change a menu?

Which of the following routing protocols uses relative link cost as the metric?

Which of the following routing protocols uses relative link cost as the metric?

What is the preferred organizational structure for a business that uses a cost leadership strategy?

What is the preferred organizational structure for a business that uses a cost leadership strategy?

Which of the following would be an example of a typical manufacturing overhead cost

Which of the following would be an example of a typical manufacturing overhead cost

What accounting term is used for the cost of goods unsold at the end of the accounting period?

What accounting term is used for the cost of goods unsold at the end of the accounting period?

Which of the following would not be included as a cost of service for an airline

Which of the following would not be included as a cost of service for an airline

Using the perpetual weighted average method What is the value of cost of goods sold

Using the perpetual weighted average method What is the value of cost of goods sold

The table above gives the total cost information for a perfectly competitive firm

The table above gives the total cost information for a perfectly competitive firm

The first step in the two-stage cost allocation separates overhead costs into two or more

The first step in the two-stage cost allocation separates overhead costs into two or more

According to the table below, what is the average variable cost of producing 50 units of output

According to the table below, what is the average variable cost of producing 50 units of output

Excessive cost and time required to implement and maintain is characteristic of ________.

Excessive cost and time required to implement and maintain is characteristic of ________.

Which support plan is the lowest cost option that allows unlimited cases to be open?

Which support plan is the lowest cost option that allows unlimited cases to be open?

When the total revenue earned by a firm is less than the total cost of production,:

When the total revenue earned by a firm is less than the total cost of production,:

Which of the following is not an example of an ordering cost for products purchased from a supplier?

Which of the following is not an example of an ordering cost for products purchased from a supplier?

Which of the following are used in the calculation of cost of goods manufactured?

Which of the following are used in the calculation of cost of goods manufactured?

Because it blends elements of various other strategies a best-cost provider strategy is considered a

Because it blends elements of various other strategies a best-cost provider strategy is considered a

Which of the following is an underlying assumption of cost-volume-profit analysis

Which of the following is an underlying assumption of cost-volume-profit analysis

Which statement concerning lower-of-cost-or-net-realizable-value (lcnrv) is incorrect?

Which statement concerning lower-of-cost-or-net-realizable-value (lcnrv) is incorrect?

Calculate ending inventory and cost of goods sold for 2024 assuming the company uses fifo.

Calculate ending inventory and cost of goods sold for 2024 assuming the company uses fifo.

When loans are amortized monthly payments are while the interest portion of the monthly payment

When loans are amortized monthly payments are while the interest portion of the monthly payment

Can a business firm successfully compete on both ends ie low cost and differentiation strategies?

Can a business firm successfully compete on both ends ie low cost and differentiation strategies?

Who must pay for the cost of a medical examination required in the process of underwriting

Who must pay for the cost of a medical examination required in the process of underwriting

When output is produced so that the marginal benefit equals the marginal cost there is efficiency?

When output is produced so that the marginal benefit equals the marginal cost there is efficiency?

When cost can be traced to a particular cost object in an economically feasible way the cost is A?

When cost can be traced to a particular cost object in an economically feasible way the cost is A?

Refer to figure 11-6. in the figure above which letter represents the marginal cost curve?

Refer to figure 11-6. in the figure above which letter represents the marginal cost curve?

Cost-oriented approaches to pricing consider which three things in the setting of a products price?

Cost-oriented approaches to pricing consider which three things in the setting of a products price?

The chief difference between a low-cost provider strategy and a focused low-cost strategy is

The chief difference between a low-cost provider strategy and a focused low-cost strategy is

A good cost accounting system is narrowly focused on a continuous reduction of costs.

A good cost accounting system is narrowly focused on a continuous reduction of costs.

After each sale of merchandise to a customer, both inventory and cost of goods sold are

After each sale of merchandise to a customer, both inventory and cost of goods sold are

Cost drivers are activities that cause costs to increase as the activity increases

Cost drivers are activities that cause costs to increase as the activity increases

What are the three main constraints of a project and how they relate with the project quality?

What are the three main constraints of a project and how they relate with the project quality?

Managers should not become complacent about efficiency-based cost advantages because:

Managers should not become complacent about efficiency-based cost advantages because:

If 8,000 units are produced, the total amount of indirect manufacturing cost incurred is closest to

If 8,000 units are produced, the total amount of indirect manufacturing cost incurred is closest to

When it comes to a cost leadership strategy experience effects are expected to lower costs by?

When it comes to a cost leadership strategy experience effects are expected to lower costs by?

Separator pages can be configured to reduce the cost of printing for an organization.

Separator pages can be configured to reduce the cost of printing for an organization.

Which of the following is not an example of an indirect cost incurred in manufacturing automobiles?

Which of the following is not an example of an indirect cost incurred in manufacturing automobiles?

Which of the following cost should not be included in the inventory valuation of a manufacturing business?

Which of the following cost should not be included in the inventory valuation of a manufacturing business?

Opportunity cost is an important concept in decision-making. this may be described as

Opportunity cost is an important concept in decision-making. this may be described as

Why are multiple department overhead rates more accurate for product costing than a single plantwide rate?

Why are multiple department overhead rates more accurate for product costing than a single plantwide rate?

How do multichannel retailers leverage their stores to lower the cost of fulfilling orders?

How do multichannel retailers leverage their stores to lower the cost of fulfilling orders?

All of the following are used in the calculation of the budgeted cost per unit except

All of the following are used in the calculation of the budgeted cost per unit except

What includes all of the costs of production that increase with the quantity produced?

What includes all of the costs of production that increase with the quantity produced?

Which term refers the the relative proportion of fixed and variable costs in an organization?

Which term refers the the relative proportion of fixed and variable costs in an organization?

The idea that as a plant volume increases, the average cost per unit drops is known as what?

The idea that as a plant volume increases, the average cost per unit drops is known as what?

Which of the following is an example of direct labor cost for a cell phone manufacturer?

Which of the following is an example of direct labor cost for a cell phone manufacturer?

When determining the cost of an inventory which of the following should not be included

When determining the cost of an inventory which of the following should not be included

If you are managing changes to the projects cost baseline, which process are you using?

If you are managing changes to the projects cost baseline, which process are you using?

The cost of a tablecloth is 72% of its selling price. find the approximate profit percentage.

The cost of a tablecloth is 72% of its selling price. find the approximate profit percentage.

What is needed to find the cost of ending inventory in the retail inventory method quizlet?

What is needed to find the cost of ending inventory in the retail inventory method quizlet?

Under a standard cost system, the material efficiency variances are the responsibility of

Under a standard cost system, the material efficiency variances are the responsibility of

In which product life cycle the scope schedule and cost are determined early and changes to scope are carefully managed?

In which product life cycle the scope schedule and cost are determined early and changes to scope are carefully managed?

What is the term for the extra cost of producing one more unit of output multiple choice question?

What is the term for the extra cost of producing one more unit of output multiple choice question?

Which method assumes that the intermediate cash inflows are reinvested at the cost of capital?

Which method assumes that the intermediate cash inflows are reinvested at the cost of capital?

Which of the following is a cost that can be eliminated in whole or in part by choosing one alternative over another?

Which of the following is a cost that can be eliminated in whole or in part by choosing one alternative over another?

What is the opportunity cost of making a component part in a factory given that there is no alternative use of the capacity?

What is the opportunity cost of making a component part in a factory given that there is no alternative use of the capacity?

What term is commonly used to describe the concept whereby the cost of manufactured products is composed of direct materials cost?

What term is commonly used to describe the concept whereby the cost of manufactured products is composed of direct materials cost?

The distinction between avoidable and unavoidable costs is similar to the distinction between

The distinction between avoidable and unavoidable costs is similar to the distinction between

Ram made a profit of 25 after selling a watch at rupees 4000 find the cost price of the watch

Ram made a profit of 25 after selling a watch at rupees 4000 find the cost price of the watch

When the use of one of the factors of production is limited either in increasing cost or by absolute quantity a point will be reached beyond which an increase in the variable?

When the use of one of the factors of production is limited either in increasing cost or by absolute quantity a point will be reached beyond which an increase in the variable?

A rom or a rough order of ____ (rom) estimate provides a rough idea of what a project will cost.

A rom or a rough order of ____ (rom) estimate provides a rough idea of what a project will cost.

When an auditor tests a clients cost accounting system the auditors tests are primarily designed to determine that?

When an auditor tests a clients cost accounting system the auditors tests are primarily designed to determine that?

Which concept states that business activity is separated from the owners personal activity?

Which concept states that business activity is separated from the owners personal activity?

Expensing the cost of copy paper when the paper is acquired is an example of which constraint

Expensing the cost of copy paper when the paper is acquired is an example of which constraint

Which principle states that a transaction is not recorded in the books of accounts unless it is measurable in terms of money?

Which principle states that a transaction is not recorded in the books of accounts unless it is measurable in terms of money?

The salary of the project manager would be an example of what type of cost found in a project?

The salary of the project manager would be an example of what type of cost found in a project?

Which of the following inventory cost flow method reports most closely the current cost of inventory?

Which of the following inventory cost flow method reports most closely the current cost of inventory?

Which of the following cost flow assumptions is used for inventory when an entity builds townhouses?

Which of the following cost flow assumptions is used for inventory when an entity builds townhouses?

The necessary adjustment associated with the lower of cost and net realizable value would be

The necessary adjustment associated with the lower of cost and net realizable value would be

How does standard cost card relate to a bill of materials and an operations flow document?

How does standard cost card relate to a bill of materials and an operations flow document?

When computing standard cost variances What is the difference between standard and actual?

When computing standard cost variances What is the difference between standard and actual?

When computing standard cost variances the difference between actual and standard price multiplied by actual quantity yields a?

When computing standard cost variances the difference between actual and standard price multiplied by actual quantity yields a?

When the insured person pays a monthly cost for healthcare insurance it is called a Quizlet

When the insured person pays a monthly cost for healthcare insurance it is called a Quizlet

Which of the following is most likely to use a process cost accounting system sugar refiner?

Which of the following is most likely to use a process cost accounting system sugar refiner?

Which of the following costs is not included while computing unit product cost under direct costing?

Which of the following costs is not included while computing unit product cost under direct costing?

Which of the following statements is true variable costing treats fixed overhead as a period cost

Which of the following statements is true variable costing treats fixed overhead as a period cost

Why cost accounting information does caters mostly the needs of internal users rather than external?

Why cost accounting information does caters mostly the needs of internal users rather than external?

At which stage does sales revenue equal the costs and expenses of making and distributing a product?

At which stage does sales revenue equal the costs and expenses of making and distributing a product?

Which of the following refers to the value of some thing we give up to obtain something else?

Which of the following refers to the value of some thing we give up to obtain something else?

Which variance is the difference between standard cost of Labour and actual cost of Labour?

Which variance is the difference between standard cost of Labour and actual cost of Labour?

Which pricing strategies would be appropriate for an established business trying to win customers from competitors?

Which pricing strategies would be appropriate for an established business trying to win customers from competitors?

Which pricing method sets the price of the product on what the customer is willing to pay?

Which pricing method sets the price of the product on what the customer is willing to pay?

Which of the following applies to the rebirth in cost-cutting measures for medicare and medicaid?

Which of the following applies to the rebirth in cost-cutting measures for medicare and medicaid?

Which characteristics of information means cost of producing information should be affordable?

Which characteristics of information means cost of producing information should be affordable?

The rapid translation of high-fashion design trends by lower-cost manufacturer-retailers is called

The rapid translation of high-fashion design trends by lower-cost manufacturer-retailers is called

For the following cost pool activity choose the most appropriate cost driver meeting with customers

For the following cost pool activity choose the most appropriate cost driver meeting with customers

How do you call a cost which remains to be constant whether the sales increases or decreases?

How do you call a cost which remains to be constant whether the sales increases or decreases?

Which type of cost changes in total in direct proportion to changes in activity level multiple choice question differential variable fixed opportunity?

Which type of cost changes in total in direct proportion to changes in activity level multiple choice question differential variable fixed opportunity?

The term refers to reductions in unit cost achieved by producing a large volume of a product

The term refers to reductions in unit cost achieved by producing a large volume of a product

Which of the following strategies is most likely to be pursued by a firm when there are strong pressures for cost reductions and demand for local responsiveness is minimal?

Which of the following strategies is most likely to be pursued by a firm when there are strong pressures for cost reductions and demand for local responsiveness is minimal?

Which of the following is an advantage of using cost per contact to determine the media mix for a product?

Which of the following is an advantage of using cost per contact to determine the media mix for a product?

Which of the following is a typical course of action for companies that pursue low cost leadership multiple choice question?

Which of the following is a typical course of action for companies that pursue low cost leadership multiple choice question?

When one nation can produce a product at lower cost relative to another nation it is said to have a n in producing that product?

When one nation can produce a product at lower cost relative to another nation it is said to have a n in producing that product?

If the average total cost curve is falling then the marginal cost curve must also be falling

If the average total cost curve is falling then the marginal cost curve must also be falling