Filters
Question type
Study Flashcards

Beamer Corporation produces one product and it seems that the demand for that product is exceeding their manufacturing capacity. Below is the information concerning the machine that produces their product: Beamer Corporation produces one product and it seems that the demand for that product is exceeding their manufacturing capacity. Below is the information concerning the machine that produces their product: Beamer's efficiency rate was: A) 0.31 B) 0.42 C) 0.60 D) 0.80 Beamer's efficiency rate was:


A) 0.31
B) 0.42
C) 0.60
D) 0.80

E) C) and D)
F) B) and C)

Correct Answer

verifed

verified

Vandenheuvel Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: Vandenheuvel Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: The manufacturing cycle efficiency (MCE) was closest to: A) 0.06 B) 0.18 C) 0.62 D) 0.16 The manufacturing cycle efficiency (MCE) was closest to:


A) 0.06
B) 0.18
C) 0.62
D) 0.16

E) B) and C)
F) A) and D)

Correct Answer

verifed

verified

The corporate social responsibility measure of "Total workers' compensation costs" is an example of which performance measure category?


A) internal business processes.
B) customer.
C) financial.
D) learning and growth.

E) None of the above
F) B) and C)

Correct Answer

verifed

verified

Fabrick Company's quality cost report is to be based on the following data: Fabrick Company's quality cost report is to be based on the following data: What would be the total external failure cost appearing on the quality cost report? A) $50,500 B) $370,900 C) $78,400 D) $206,400 What would be the total external failure cost appearing on the quality cost report?


A) $50,500
B) $370,900
C) $78,400
D) $206,400

E) A) and D)
F) A) and C)

Correct Answer

verifed

verified

Net profit margin percentage is an example of which performance measure category?


A) internal business processes.
B) customer.
C) financial.
D) learning and growth.

E) All of the above
F) A) and B)

Correct Answer

verifed

verified

ISO 9000 standards were established to make sure that all consumer products incorporate specific safety features.

A) True
B) False

Correct Answer

verifed

verified

Circle K Toys, Incorporated manufactures toys and children's clothing and sells these products to retail outlets. The following costs were incurred in performing quality activities at Circle K during the year: Circle K Toys, Incorporated manufactures toys and children's clothing and sells these products to retail outlets. The following costs were incurred in performing quality activities at Circle K during the year: What is the total of the internal failure costs for Circle K? A) $53,000 B) $99,000 C) $517,000 D) $38,000 What is the total of the internal failure costs for Circle K?


A) $53,000
B) $99,000
C) $517,000
D) $38,000

E) B) and C)
F) A) and D)

Correct Answer

verifed

verified

Financial measures such as return on investment (ROI) are generally better than nonfinancial measures of key success drivers such as customer satisfaction as leading indicators of future financial performance.

A) True
B) False

Correct Answer

verifed

verified

Circle K Toys, Incorporated manufactures toys and children's clothing and sells these products to retail outlets. The following costs were incurred in performing quality activities at Circle K during the year: Circle K Toys, Incorporated manufactures toys and children's clothing and sells these products to retail outlets. The following costs were incurred in performing quality activities at Circle K during the year: What is the total of the prevention costs for Circle K? A) $394,000 B) $409,000 C) $455,000 D) $470,000 What is the total of the prevention costs for Circle K?


A) $394,000
B) $409,000
C) $455,000
D) $470,000

E) C) and D)
F) B) and D)

Correct Answer

verifed

verified

Which of the following would be classified as an appraisal cost on a quality cost report?


A) Test and inspection of in-process goods.
B) Technical support provided to suppliers.
C) Debugging software errors.
D) Audits of the effectiveness of the quality system.

E) All of the above
F) A) and B)

Correct Answer

verifed

verified

Eaglin Company's quality cost report is to be based on the following data: Eaglin Company's quality cost report is to be based on the following data: What would be the total external failure cost appearing on the quality cost report? A) $259,000 B) $110,000 C) $119,000 D) $515,000 What would be the total external failure cost appearing on the quality cost report?


A) $259,000
B) $110,000
C) $119,000
D) $515,000

E) A) and C)
F) C) and D)

Correct Answer

verifed

verified

Eaglin Company's quality cost report is to be based on the following data: Eaglin Company's quality cost report is to be based on the following data: What would be the total appraisal cost appearing on the quality cost report? A) $194,000 B) $175,000 C) $112,000 D) $167,000 What would be the total appraisal cost appearing on the quality cost report?


A) $194,000
B) $175,000
C) $112,000
D) $167,000

E) None of the above
F) B) and C)

Correct Answer

verifed

verified

Eagleson Company's quality cost report is to be based on the following data: Eagleson Company's quality cost report is to be based on the following data: What would be the total external failure cost appearing on the quality cost report? A) $262,000 B) $155,000 C) $112,000 D) $451,000 What would be the total external failure cost appearing on the quality cost report?


A) $262,000
B) $155,000
C) $112,000
D) $451,000

E) A) and B)
F) A) and C)

Correct Answer

verifed

verified

Fackler Company's quality cost report is to be based on the following data: Fackler Company's quality cost report is to be based on the following data: What would be the total external failure cost appearing on the quality cost report? A) $57,000 B) $62,000 C) $205,000 D) $424,000 What would be the total external failure cost appearing on the quality cost report?


A) $57,000
B) $62,000
C) $205,000
D) $424,000

E) A) and B)
F) B) and C)

Correct Answer

verifed

verified

Eaglin Company's quality cost report is to be based on the following data: Eaglin Company's quality cost report is to be based on the following data: What would be the total internal failure cost appearing on the quality cost report? A) $119,000 B) $149,000 C) $156,000 D) $140,000 What would be the total internal failure cost appearing on the quality cost report?


A) $119,000
B) $149,000
C) $156,000
D) $140,000

E) None of the above
F) B) and D)

Correct Answer

verifed

verified

Which of the following would be classified as an appraisal cost on a quality cost report?


A) Returns and allowances arising from quality problems.
B) Downtime caused by quality problems.
C) Test and inspection of in-process goods.
D) Cost of field servicing and handling complaints.

E) A) and B)
F) B) and C)

Correct Answer

verifed

verified

Financial measures tend to be lag indicators that report on the results of past actions.

A) True
B) False

Correct Answer

verifed

verified

Fabrick Company's quality cost report is to be based on the following data: Fabrick Company's quality cost report is to be based on the following data: What would be the total internal failure cost appearing on the quality cost report? A) $142,500 B) $84,400 C) $96,100 D) $34,500 What would be the total internal failure cost appearing on the quality cost report?


A) $142,500
B) $84,400
C) $96,100
D) $34,500

E) A) and B)
F) A) and C)

Correct Answer

verifed

verified

Kingcade Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: Kingcade Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: The manufacturing cycle efficiency (MCE) was closest to: A) 0.09 B) 0.12 C) 0.67 D) 0.04 The manufacturing cycle efficiency (MCE) was closest to:


A) 0.09
B) 0.12
C) 0.67
D) 0.04

E) B) and C)
F) C) and D)

Correct Answer

verifed

verified

Quality of conformance refers to the extent to which a product offered by one company is similar to products offered by other companies.

A) True
B) False

Correct Answer

verifed

verified

Showing 121 - 140 of 153

Related Exams

Exam 1

Managerial Accounting and Cost Concepts

346 Questions

Exam 2

Job-Order Costing: Calculating Unit Product Costs

408 Questions

Exam 3

Job-Order Costing: Cost Flows and External Reporting

314 Questions

Exam 4

Process Costing

365 Questions

Exam 5

Cost-Volume-Profit Relationships

396 Questions

Exam 6

Variable Costing and Segment Reporting: Tools for Management

392 Questions

Exam 7

Activity-Based Costing: a Tool to Aid Decision Making

382 Questions

Exam 8

Master Budgeting

284 Questions

Exam 9

Flexible Budgets and Performance Analysis

491 Questions

Exam 10

Standard Costs and Variances

469 Questions

Exam 11

Responsibility Accounting Systems

335 Questions

Exam 13

Differential Analysis: the Key to Decision Making

432 Questions

Exam 14

Capital Budgeting Decisions

405 Questions

Exam 15

Statement of Cash Flows

221 Questions

Exam 16

Financial Statement Analysis

327 Questions

Show Answer