This exam is on the subject of COST ACCOUNTING.These are written problems and ALL WORK MUST BE SHOWN FOR EACH PROBLEM!!!!!!! The material covered comes from the following text book;COST ACCOUNTINGA Managerial EmphasisFourteenth EditionCharles. T Horngren, Srikant M. Datar, Madhav V. RajanPrentice HallISBN- 13: 978-0-13-210917-8ISBN-10: 0-13-210917-4 It deals with the following chaptersChapters 7, 8, 10, 11, 14, 15, 16, 17, 18;Chapter 7- Flexible Budgets, Direct Cost Variances, and Management ControlChapter 8- Flexible Budgets,Overhead COst Variances, and Management ControlChapter 10- Determining How Costs BehaveChapter 11- Decision Making and Relevant InformationChapter 14, Cost Allocation, customer Profitability Analysis, and Sales-Variance AnalysisChapter 15- Allocation of Support Department Costs, Common Costs, and RevenuesChapter 16- Cost Allocation: Joint Products and ByproductsChapter 17- Process CostingChapter 18- Spoilage, Rework, and Scrap Again these are written word problems and require ALL WORK TO BE SHOWN!!!