Acc 241 exam 2 answers - Study guides, Class notes & Summaries
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ACC 241 EXAM 2 QUESTIONS AND ANSWERS 100% ACCURATE
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ACC 241 EXAM 2 QUESTIONS AND ANSWERS 100% ACCURATEACC 241 EXAM 2 QUESTIONS AND ANSWERS 100% ACCURATEACC 241 EXAM 2 QUESTIONS AND ANSWERS 100% ACCURATEACC 241 EXAM 2 QUESTIONS AND ANSWERS 100% ACCURATE 
variable cost ( slope) - ANSWER - change in cost/ change in volume 
 
Total fixed costs - ANSWER - total operating cost - total varible cost 
 
Variable Sales Rate - ANSWER - Variable Expesnes/ Sales
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ACC 241 Exam 2|216 Questions with Verified Answers,100% CORRECT
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ACC 241 Exam 2|216 Questions with Verified Answers
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ACC 241 Final Exam| 140 Questions and Answers (Graded A)
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ACC 241 Final Exam| 140 Questions and Answers (Graded A)ACC 241 Final Exam| 140 Questions and Answers (Graded A)ACC 241 Final Exam| 140 Questions and Answers (Graded A)ACC 241 Final Exam| 140 Questions and Answers (Graded A) 
What are the three responsibilities of managers? - ANSWER - 1. Plan 
2. Direct 
3. Control 
 
Planning - ANSWER - Setting up goals and objectives and then developing strategies to obtain those goals. 
 
Directing - ANSWER - Overseeing the company's day-to-day operations.
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ACC 241 EXAM 2 WITH COMPLETE QUESTIONS AND ANSWERS (GRADED A)
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ACC 241 EXAM 2 WITH COMPLETE QUESTIONS AND ANSWERS (GRADED A)ACC 241 EXAM 2 WITH COMPLETE QUESTIONS AND ANSWERS (GRADED A)ACC 241 EXAM 2 WITH COMPLETE QUESTIONS AND ANSWERS (GRADED A)ACC 241 EXAM 2 WITH COMPLETE QUESTIONS AND ANSWERS (GRADED A)A) 
 
Cost Equation - ANSWER - mathematical equation for a straight line, to predict total cost 
can be mathematically expressed: total variable cost (y) = variable cost per unit of activity (v) X Volume of activity (x) 
 
key characteristics of mixed cost...
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ACC 241 Exam 2 ASU Dallmus Questions and Answers 100% Verified
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ACC 241 Exam 2 ASU Dallmus Questions and Answers 100% VerifiedACC 241 Exam 2 ASU Dallmus Questions and Answers 100% VerifiedACC 241 Exam 2 ASU Dallmus Questions and Answers 100% VerifiedACC 241 Exam 2 ASU Dallmus Questions and Answers 100% Verified 
departmental overhead allocation - ANSWER - this kind of overheard rate increases the accuracy of job costs when each department incurs different types and amounts of manufacturing overhead and each product, or job, uses the departments to a differen...
And that's how you make extra money
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ACC 241 EXAM 2|68 Questions with Verified Answers,100% CORRECT
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ACC 241 EXAM 2|68 Questions with Verified Answers
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ACC 241 EXAM 2 QUESTIONS AND ANSWERS 100% ACCURATE
- Exam (elaborations) • 15 pages • 2024
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ACC 241 EXAM 2 QUESTIONS AND ANSWERS 100% ACCURATEACC 241 EXAM 2 QUESTIONS AND ANSWERS 100% ACCURATEACC 241 EXAM 2 QUESTIONS AND ANSWERS 100% ACCURATE 
variable cost ( slope) - ANSWER - change in cost/ change in volume 
 
Total fixed costs - ANSWER - total operating cost - total varible cost 
 
Variable Sales Rate - ANSWER - Variable Expesnes/ Sales
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ACC 241 Exam 2 Review 40 Questions with Verified Answers,100% CORRECT
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ACC 241 Exam 2 Review 40 Questions with Verified Answers
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ACC 241 Exam 2|94 Questions with Verified Answers,100% CORRECT
- Exam (elaborations) • 14 pages • 2024
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ACC 241 Exam 2|94 Questions with Verified Answers
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ACC 241 EXAM 2 WITH COMPLETE QUESTIONS AND ANSWERS (GRADED A)
- Exam (elaborations) • 7 pages • 2024
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ACC 241 EXAM 2 WITH COMPLETE QUESTIONS AND ANSWERS (GRADED A) ACC 241 EXAM 2 WITH COMPLETE QUESTIONS AND ANSWERS (GRADED A) Cost Equation - ANSWER - mathematical equation for a straight line, to predict total cost 
can be mathematically expressed: total variable cost (y) = variable cost per unit of activity (v) X Volume of activity (x) 
 
key characteristics of mixed costs - ANSWER - -TOTAL mixed costs increase as volume increases because of the variable cost component 
-mixed costs PER UNIT dec...
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