Author Question: Given this change in the cost ________. A) SR6 will now command a higher sales price B) SR6 has ... (Read 68 times)

OSWALD · **on:** Jul 5, 2018

Given this change in the cost ________.

A) SR6 will now command a higher sales price
B) SR6 has benefited from the new system
C) SR6 is definitely more accurately costed
D) the costing results for SR6 under the new system depend on the adequacy and quality of the estimated cost drivers and costs used by the system

Question 2

Tyler paid 3,700 on account to the company from which equipment was purchased on credit. This transaction would
a. decrease assets and decrease liabilities.
b. increase assets and increase owner's equity.
c. increase assets and increase liabilities.
d. increase one asset and decrease another asset.