MANAGERIAL ACCOUNTING FINAL EXAM
Mastering Managerial Accounting
Test your knowledge and understanding of managerial accounting concepts with our comprehensive final exam quiz. This quiz is designed for students, accounting professionals, and anyone interested in enhancing their accounting skills.
Featuring a total of 10 carefully crafted questions, you will cover key topics like budgeting, cost analysis, and financial decision-making. Prepare to challenge yourself!
Carson Inc. Manufactures only one product and is preparing its budget for next year based on the following information. Selling price per unit $100, Variable costs per unit $75, Fixed costs $250,000. Effective tax rate 35%. If Carson wants to achieve a net income of $1.3 million next year, its sales must be
62,000
70,200
80,000
90,000
369,600
295,680
1,034,880
665,280
1,050,000
850,000
750,000
550,000
Geo $450,000 Clio $450,000
Geo $675,000 Clio $300,000
Geo $675,000 Clio $400,000
Geo $825,000 Clio $450,000
$13,600
$14,200
$14,800
$15,300
$9,600 unfavorable
$9,800 unfavorable
$10,000 unfavorable
$20,000 unfavorable
2,308 units
9,231 units
11,538 units
15,000 units
100 units of product Y
250 units of product X
200 units of product X and 20 units of product Y
200 units of product X and 50 units of product Y
160,000
220,000
367,650
380,000
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