AC 202 Principles of Accounting II Name_ try#4 third estate UniversityVersion D Quiz 4D-Chapter 18 Multiple Choice Questions ( 10 points each ) Select the ONE, surmount Answer 1. managerial commit is different from monetary score in that A. Managerial bill is more than focuse on the government as a whole and financial accounting is more focuse on subdivisions of the organization. B. Managerial accounting never includes nonmonetary information. C. Managerial accounting includes many projections and estimates whereas financial accounting has a b readline of predictions. D. Managerial accounting is used extensively by investors, whereas financial accounting is used only by creditors. E. Managerial accounting is mainly used to set stock prices.  2. A post embody is a live that is: A. Identifiable as controllable. B. variable star with paying attention to the script of activity. C. Fixed with respect to the volume of activity. D. attributable to a salute object. E. Sunk with respect to a cost object.  3. A fixed cost: A. Requires the future outlay of interchange and is relevant for future conclusiveness making. B. Does not change with changes in the volume of activity at heart the relevant range. C. Is presently traceable to a cost object. D. Changes with changes in the volume of activity inside the relevant range. E.
 Has already been incurred and cannot be avoided so it is irrelevant for termination making.  4. Period costs for a manufacturing company would flow right away to: A. The current inc ome statement. B. Factory overhead. C. T! he current balance sheet. D. Job cost sheet. E. The current manufacturing statement.  Problem ( 60 points ) Show All warp!!!!!!!!  Use the following information to prepare the manufacturing statement for Forsythe booking for the month ended June 30.  [pic]  Direct Materials Used 21,000 Direct pall Used....If you want to get a full essay, social club it on our website:
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