$.01 Ways to allocate indirect costs incdlude: a- b. c. Plantwide Rate Multiple Department Rate...

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Accounting

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$.01 Ways to allocate indirect costs incdlude: a- b. c. Plantwide Rate Multiple Department Rate Activity-based costing d. All of the above 5.02 A responsibility center manager: a. b. c. d. Has bottom line responsibility for his area Does not answer to the Executive Committee Is responsible for tax policy None of the above In an effort to maximize profitability all of the following variables should be considered EXCEPT: 5.03 a. b. c. d. constraint limitations limited market general economic conditions political party in power 5.04 Opportunity cost is: a. b. c. d. The benefit forgone by not chosing an alternative The opportunity to loan money at increased rates Costs which responsibility center managers look to reduce The calculated cost of excess capacity 5.05 The tracking and review of budgets is a. b. c. d. Optional and industry dependent Peformed only when profits fall Mandatory for good outcomes Mandated by federal statutes

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