Brilliant BUS105 Exam Dumps Get BUS105 Dumps PDF [Q15-Q36]

Brilliant BUS105 Exam Dumps Get BUS105 Dumps PDF

BUS105 Dumps PDF - BUS105 Real Exam Questions Answers

Saylor BUS105 Exam Syllabus Topics:

Topic	Details
Topic 1	Using Differential Analysis to Make Decisions: This section of the exam measures the skills of business managers and covers how to use relevant cost analysis for decision-making. It focuses on identifying avoidable costs and evaluating options such as outsourcing, special orders, and product line decisions.
Topic 2	Using Managerial Accounting: Trends and Ratios: This section of the exam measures the skills of accounting analysts and covers the use of trend analysis and financial ratios. It focuses on evaluating business health and operational efficiency through key accounting indicators.
Topic 3	Budgets: This section of the exam measures the skills of accounting analysts and covers the development and use of various budgets. It explores operating budgets, cash budgets, and master budgets, and explains how they support financial planning and performance management.
Topic 4	Performance Evaluation: This section of the exam measures the skills of accounting analysts and covers the use of accounting data to assess departmental and managerial performance. It introduces responsibility accounting and the use of performance metrics like ROI and residual income.
Topic 5	Cost Behavior Patterns: This section of the exam measures the skills of business managers and covers how different costs behave relative to changes in activity levels. It outlines fixed, variable, and mixed cost patterns, and explains how this understanding helps in planning and budgeting.
Topic 6	Job Costing: This section of the exam measures the skills of business managers and covers how costs are assigned to specific jobs or products. It introduces job order costing systems and discusses how to track materials, labor, and overhead for customized production orders.
Topic 7	Managerial Accounting: This section of the exam measures the skills of accounting analysts and covers the role of managerial accounting within organizations. It explains how internal financial information is used to support planning, controlling, and decision-making activities and contrasts it with financial accounting.
Topic 8	Variance Analysis: This section of the exam measures the skills of business managers and covers the comparison of budgeted versus actual results. It includes analyzing variances in costs and revenues and interpreting these variances to understand business performance.
Topic 9	Statement of Cash Flows: This section of the exam measures the skills of business managers and covers the preparation and interpretation of cash flow statements. It explains how to track cash inflows and outflows from operating, investing, and financing activities.
Topic 10	Process Costing: This section of the exam measures the skills of accounting analysts and covers process costing systems used in mass production environments. It includes the calculation of unit costs across departments and the preparation of production cost reports.

 

NEW QUESTION # 15
Strang Tax provides tax consulting services to its clients whom they charge on an hourly basis. They would like to use differential analysis to determine whether profits would change if they dropped certain clients. Which of the following items should be excluded from this analysis?

• A. Wages payable
• B. Consulting fees
• C. Rent expenses
• D. Project management costs

Answer: C

NEW QUESTION # 16
Wycliff Corporation manufactured Job #3 during the month of May. On May 29, 100% of the product was finished and sold on account for $150. These journal entries were recorded during production:

On May 31, Wycliff determined that the amount remaining in the manufacturing overhead account was immaterial and closed it out. What was the amount of gross profit before closing the manufacturing account, and what effect did closing the manufacturing account have on gross profit?

• A. Gross profit was $44; gross profit increased by $1.00 after closing manufacturing overhead.
• B. Gross profit was $44; gross profit decreased by $1.00 after closing manufacturing overhead.
• C. Gross profit was $75; gross profit increased by $1.00 after closing manufacturing overhead.
• D. Gross profit was $75; gross profit decreased by $1.00 after closing manufacturing overhead.

Answer: D

NEW QUESTION # 17
SJ Candles manufactures two types of candles. Soy candles require three times the number of labor hours as paraffin candles to produce. If SJ wishes to maximize the limited number of direct labor available to them, which of the following calculations will guide them in their planning?

• A. Free cash flow
• B. Contribution margin per unit of constraint
• C. Inventory turnover ratio
• D. Equivalent units for direct materials

Answer: B

NEW QUESTION # 18
Which of the following statements is a true statement about flexible budgets?

• A. The flexible budget is prepared before the master budget to assist with planning
• B. Selling and administrative expenses are reported in the flexible budget
• C. The actual number of units sold is irrelevant to a flexible budget
• D. Cost variance analysis is an integral part of preparing a flexible budget

Answer: B

NEW QUESTION # 19
Myer Inc. achieved their goal of reducing their employee turnover rate by 15%. Which of the following perspectives of their balanced scorecard is most likely to include this measure?

• A. Internal business process
• B. Financial performance
• C. Learning and growth
• D. Customer satisfaction

Answer: C

NEW QUESTION # 20
Using this data, what is the number of units that must be sold in order to achieve a desired after-tax profit of $100,000?

• A. 14,800 units
• B. 12,800 units
• C. 16,000 units
• D. 15,360 units

Answer: A

NEW QUESTION # 21
This is the balance sheet for Swinney Services. Using trend analysis, what does this information tell us about the trends for current assets and current liabilities?

• A. Current assets increased at a rate nearly 2x higher than current liabilities
• B. Current assets increased at a rate nearly 10x higher than current liabilities
• C. Current assets increased at a rate nearly 6x higher than current liabilities
• D. Current assets increased at a rate nearly 4x higher than current liabilities

Answer: B

NEW QUESTION # 22
Cash collections and payments for purchases would be included in which of the following budgets as part of the overall master budget?

• A. Manufacturing overhead budget
• B. Budgeted income statement
• C. Direct materials purchases budget
• D. Cash budget

Answer: D

NEW QUESTION # 23
Coffee Beanz, Inc. currently maintains decentralized operations. The CEO is evaluating whether the company should centralize their operations. Which of the following situations would make centralized operations more beneficial than decentralized?

• A. Decreasing revenues have created a demand for decreasing expenses
• B. The company is adding five new product lines in the next year
• C. Additional employees are necessary to manage an increase in production
• D. The company just opened a new factory in another state

Answer: A

NEW QUESTION # 24
Which row correctly identifies the calculation to establish standard costs for direct materials, direct labor, and factory overhead?

• A. Row 3
• B. Row 1
• C. Row 4
• D. Row 2

Answer: C

NEW QUESTION # 25
Ladron Candies is analyzing sales and production data for the holiday boxes they produced last year. The company expected to use 2 pounds of direct materials to produce one box of specialty candy at a cost of $3.00 per pound. Invoices show the company purchased 1,650,000 pounds of direct materials at $2.90 per pound and used 1,580,000 pounds in production. They sold 800,000 boxes of candy to retailers. What is the materials quantity variance?

• A. $(165,000) unfavorable materials quantity variance
• B. $(165,000) favorable materials quantity variance
• C. $(60,000) favorable materials quantity variance
• D. $(60,000) unfavorable materials quantity variance

Answer: C

NEW QUESTION # 26
You are the financial accountant for Antioch Ski Resort. Managers have been promised end-of-year bonuses if profits for the year increase by 10%. At the end of the year, you determine that profits increased by only 8%, and the managers ask you to "fudge the numbers a bit" so they can still receive their bonuses. What should you do?

• A. Report the managers to the CEO
• B. Check whether the company has a policy on resolving ethical conflicts
• C. Resign from the company
• D. Consider inflating the profits for the year, since it is only a 2% difference

Answer: B

NEW QUESTION # 27
What would the salary of a manufacturing firm's HR Manager be classified as?

• A. General and Administrative Costs
• B. Manufacturing Overhead
• C. Direct Labor
• D. Indirect Labor

Answer: A

NEW QUESTION # 28
This is select financial statement data for the three divisions of Technology Goods, Inc. Assuming all assets are operating assets, what is the return on investment for each division?

• A. 33.1%, 31.3%, 31.2%
• B. 53.0%, 32.0%, 50.9%
• C. 17.8%, 10.0%, 15.9%
• D. 82.2%, 39.0%, 66.0%

Answer: C

NEW QUESTION # 29
Wycliff Corporation manufactures several different styles of bicycles. Managers appropriately record direct materials and direct labor into work-in-process accounts during production. To apply manufacturing overhead, managers consider cost pools for assembly and shipping to calculate a predetermined overhead rate for each department. Which of the following best describes the method used by Wycliff Corporation for allocating manufacturing overhead costs?

• A. Plantwide
• B. Activity-based
• C. Departmental
• D. Process

Answer: C

NEW QUESTION # 30
Cat Hats Inc. produces lines of headwear for cats. They have been asked by a local animal shelter to produce a special order for dogs. Below is a special order differential analysis prepared by their managerial accountant. Using this information, what would be the result of accepting the special order?

• A. A differential profit of ($550)
• B. A differential contribution margin of $700
• C. A differential profit of ($700)
• D. A differential contribution margin of $550

Answer: A

NEW QUESTION # 31
Waffles, Inc. is evaluating their annual bonus allocations for restaurant division managers. This is the segmented income statement data for the three individual restaurant locations of Waffles, Inc. What does this information tell us about the performance of each division manager?

• A. With a net income of $668,800, the southern location manager had the worst performance.
• B. With the lowest costs of goods sold and operating expenses, the eastern location manager had the best performance.
• C. With a net income nearly 4x higher than the other two locations, the western location manager had the best performance.
• D. Because the western location is larger, it would be unfair to use segmented net income as a measure for comparing each manager's performance.

Answer: D

NEW QUESTION # 32
Using the high-low method, what are the expected production costs for 600 units in December?

• A. $3,391
• B. $3,250
• C. $3,498
• D. $3,300

Answer: D

NEW QUESTION # 33
What is the balance in the manufacturing overhead account after these transactions were recorded, assuming the beginning balance was zero?

• A. $4,780
• B. $700
• C. $6,000
• D. $6,700

Answer: B

NEW QUESTION # 34
Managers have several different methods from which to choose when evaluating long-term investments. Which method disregards the time value of money as a factor?

• A. Net present value
• B. Annuity tables
• C. Internal rate of return
• D. Payback

Answer: D

NEW QUESTION # 35
......

Valid BUS105 Test Answers & Saylor BUS105 Exam PDF: https://www.real4dumps.com/BUS105_examcollection.html

Realistic BUS105 Exam Dumps with Accurate & Updated Questions: https://drive.google.com/open?id=1lOsGhihYu3G2BoKPDpK0DzNTPLTi0T2C