3 essays, 25 MC

Potential Essay Topics:

• Cost Allocation - to measure the results of our business.
• Transfer Pricing
• Contribution Margin - what drives cost? Excludes fixed costs.
• Responsibility Centers
• Sales Mix
• Balanced Scorecard

M/C Questions:

Variance Analysis - O/H

Joint Cost Allocation

• sales value at split-off point
• net realizable value
• physical measurement

CVP

• break-even
• target profit

Constrained Resources Make/Buy Special Order Sell or Process Further Net Present Value

Chapters: 7, 9, 10, part of 11, 13, 17, 20