管理會(huì)計(jì)示范性雙語(yǔ)課件習(xí)題02

1、PAGE PAGE 79CHAPTERR 2COST MAANAGEMMENT CCONCEPPTS ANND COSST BEHHAVIORRTRUE/FAALSE1.Therre is no siingle definnitionn of ccost.a.Truueb.Fallse2.The role of thhe mannagemeent acccounttant iis to tailoor thee costt calcculatiion too fit the ccurrennt deccisionn situuationn.a.Truueb.Fallse3.A coost th

2、hat iss usefful foor onee deciision may nnot bee usefful innformaation for aanotheer deccisionn.a.Truueb.Fallse4.In mmost oorganiizatioons, mmanagiing noonmanuufactuuring costss as wwell aas mannufactturingg costts is imporrtant for ffinanccial ssuccesss.a.Truueb.Fallse5.The cost of a custoomizedd m

3、achhine oonly uused iin thee prodductioon of a sinngle pproducct wouuld bee classsifieed as a dirrect ccost.a.Truueb.Fallse6.The wagess of aa plannt suppervissor woould bbe claassifiied ass a peeriod cost.a.Truueb.Fallse7.The classsificaation of prroductt and periood cossts iss partticulaarly vvalua

4、bble inn manaagemennt acccountiing.a.Truueb.Fallse8.For exterrnal rreportting, generrally acceppted aaccounnting princcipless requuire tthat ccosts be cllassiffied aas eitther fflexibble orr capaacity-relatted coosts.a.Truueb.Fallse9.Knowwing wwhetheer a ccost iis a pperiodd or aa prodduct ccost hhe

5、lps to esstimatte tottal coost att a neew levvel off actiivity.a.Truueb.Fallse10.Fleexiblee costts aree alwaays diirect costss.a.Truueb.Fallse11.Cappacityy-relaated ccosts vary with the llevel of prroducttion oor salles voolume.a.Truueb.Fallse12.Currrentlly, moost peersonnnel coosts aare cllassiffie

6、d aas cappacityy-relaated ccosts.a.Truueb.Fallse13.Somme cappacityy-relaated ccosts mightt be cclassiified as diirect manuffacturring ccosts.a.Truueb.Fallse14.Cappacityy-relaated ccosts depennd on the rresourrces uused, not tthe reesourcces accquireed.a.Truueb.Fallse15.Breeak-evven pooint iis NOTT a

7、n iimporttant cconceppt sinnce thhe goaal of businness iis to make a proofit.a.Truueb.Fallse16.To perfoorm coost-voolume-profiit anaalysiss, a ccompanny musst be able to seeparatte cossts innto caapacitty-rellated and fflexibble coomponeents.a.Truueb.Fallse17.Cosst-vollume-pprofitt anallysis may bbe

8、 useed forr singgle-prroductt and multiiproduuct annalysiis.a.Truueb.Fallse18.Sellling pricee per unit is $330, fllexiblle cosst perr unitt is $15, aand caapacitty-rellated cost per uunit iis $100. Wheen thiis commpany operaates aabove the bbreak-even pointt, thee salee of oone moore unnit wiill inn

9、creasse nett incoome byy $5. a.Truueb.Fallse19.A ccompanny witth salles off $1000,000, flexxible costss of $70,0000, annd cappacityy-relaated ccosts of $550,0000 willl reacch itss breaak-eveen poiint iff salees aree incrreasedd by $20,0000.a.Truueb.Fallse20.In multiiproduuct siituatiions wwhen tthe

10、saales mmix shhifts towarrd thee prodduct wwith tthe loowest contrributiion maargin, the breakk-evenn quanntity will decreease.a.Truueb.Fallse21.Thee oppoortuniity coost off a reesourcce is zero if thhere iis exccess ccapaciity off thatt resoource.a.Truueb.Fallse22.Wheen a ffirm mmaximiizes pprofitt

11、s it will simulltaneoously minimmize oopporttunityy costts.a.Truueb.Fallse23.Eveen wheen thee onlyy consstrainnt limmitingg prodductioon is machiine tiime, aa comppany sshouldd be mmost cconcerrned wwith mmaximiizing contrributiion maargin per uunit.a.Truueb.Fallse24.Thee timee overr whicch a ddecis

12、iion maaker ccan addjust capaccity iis refferredd to aas thee shorrt runn.a.Truueb.Fallse25.Forr geneeral ccustommers, the pprice chargged foor a pproducct musst covver itts lonng-runn costt to tthe orrganizzationn.a.Truueb.Fallse26.In recennt yeaars, ccapaciity-reelatedd costts havve inccreaseed as

13、 a prooportiion off totaal mannufactturingg costts.a.Truueb.Fallse27.Macchine setupp costts aree usuaally cclassiified as a businness-ssustaiining activvity.a.Truueb.Fallse28.Thee beneefits of cllassiffying activvitiess usinng thee broaader fframewwork oof uniit-rellated, batcch-rellated, prodduct-s

14、sustaiining, custtomer-sustaainingg, andd busiiness-sustaainingg actiivitiees aree therre aree geneerallyy moree costts thaat aree direectly traceeable to coost obbjectss.a.Truueb.Fallse29.Prooduct life-cyclee costting hhelps organnizatiions ddecidee whetther aa new produuct shhould be laauncheed.a.

15、Truueb.FallseMULTIPLLE CHOOICE30.An exampple off a coost obbject is:a.a pproducctb.a ccustommerc.a ddeparttmentd.Alll of tthe abbove aare coorrectt.31.Mannufactturingg costts incclude: a.macchinerry useed insside oof thee facttoryb.ressearchh and devellopmennt cosstsc.cossts off dealling wwith ccust

16、ommers aafter the ssaled.genneral and aadminiistrattive ccosts32.Mannufactturingg costts incclude all oof thee folllowingg EXCEEPT:a.cossts inncurreed insside tthe faactoryyb.botth dirrect aand inndirecct cosstsc.botth fleexiblee and capaccity-rrelateed cosstsd.botth prooduct and pperiodd costts33.N

17、onnmanuffacturring ccosts:a.incclude only capaccity-rrelateed cosstsb.selldom iinflueence ffinanccial ssuccesss or failuurec.incclude the ccost oof sellling, disttributtion, and aafter-saless costts forr custtomerssd.aree conssidereed by GAAP to bee an eelemennt of produuct coosts34.Prooduct costss:

18、a.incclude adminnistraative and mmarketting ccostsb.aree partticulaarly uusefull in ffinanccial aaccounntingc.aree expeensed in thhe acccountiing peeriod manuffacturredd.aree alsoo refeerred to ass nonmmanufaacturiing coosts35.Forr exteernal reporrting:a.cossts arre claassifiied ass eithher prroduct

19、t or pperiodd costtsb.cossts reeflectt currrent vvaluessc.theere arre no presccribedd rulees sinnce noo one is exxactlyy suree how the iinvesttors aand crreditoors wiill usse theese nuumberssd.exppensess incllude aamountts thaat refflect curreent annd futture bbenefiits36.Prooduct costss are expenns

20、ed oon thee incoome sttatemeent whhen:a.raww mateerialss for the pproducct aree purcchaseddb.raww mateerialss are requiisitiooned ffor thhe prooductc.thee prodduct ccompleetes tthe maanufaccturinng proocessd.thee prodduct iis solld37.Deppreciaation of pllant ffaciliities is cllassiffied aas a(nn):a.

21、dirrect mmateriial coostb.dirrect llabor costc.inddirectt manuufactuuring costd.genneral and aadminiistrattive ccost38.Thee costt of iinventtory rreportted onn the balannce shheet mmay inncludee the cost of alll thee folllowingg EXCEEPT:a.advvertissingb.wagges off the plantt supeervisoorc.deppreciaa

22、tion of thhe facctory equippmentd.parrts ussed inn the manuffacturring pprocesss39.A pplant manuffacturres seeverall diffferentt prodducts. The wagess of tthe pllant ssupervvisor can bbe claassifiied ass a:a.dirrect oduct costc.fleexiblee costtd.nonnmanuffacturring ccost40.Perriod ccosts:a

23、.aree treaated aas exppensess in tthe peeriod they are iincurrredb.aree direectly traceeable to prroducttsc.incclude direcct labbord.aree alsoo refeerred to ass indiirect manuffacturring ccosts41.Whiich off the folloowing is NOOT a pperiodd costt?a.marrketinng cosstsb.genneral and aadminiistrattive

24、ccostsc.ressearchh and devellopmennt cosstsd.mannufactturingg costts42.Advvertissing iis an exampple off a _ coost exxpenseed on the iincomee stattementt in tthe acccountting pperiodd oduct43.(CMMA adaapted, Junee 19922) Thhe terrms ddirectt costt a

25、ndd inddirectt costt aree commmonly used in coost acccountting. Classsifyinng a ccost aas eitther ddirectt or iindireect deependss uponn:a.thee behaavior of thhe cosst in respoonse tto vollume cchangeesb.wheether the ccost iis exppendedd in tthe peeriod in whhich iit is incurrredc.wheether the ccost

26、 ccan bee relaated rreadilly to resouurces consuumed ffor a cost objecctd.wheether an exxpendiiture is unnavoiddable becauuse itt cannnot bee channged rregarddless of anny acttion ttaken44.Inddirectt manuufactuuring costss:a.cann be ttracedd to tthe prroductt thatt creaated tthe coostsb.mayy havee a

27、 caause-aand-efffect relattionshhip wiith caapacitty ratther tthan wwith iindiviidual unitss of pproducctionc.gennerallly incclude the ccost oof matteriall and the ccost oof labbord.aree inclluded in peeriod costss45.A mmanufaacturiing pllant pproducces twwo prooduct liness: foootballl equuipmennt a

28、ndd hockkey eqquipmeent. An inndirecct cosst forr the hockeey equuipmennt linne is the:a.matteriall usedd to mmake tthe hoockey stickksb.labbor too bindd the shaftt to tthe bllade oof thee hockkey sttickc.shiift suuperviisor ffor thhe hocckey llined.plaant suuperviisor46.A mmanufaacturiing pllant pp

29、roducces twwo prooduct liness: foootballl equuipmennt andd hockkey eqquipmeent. Direcct cossts foor thee foottball equippment line are tthe:a.bevveragees proovidedd dailly in the pplant breakk roommb.monnthly leasee paymments for aa speccializzed piiece oof equuipmennt neeeded tto mannufactture tthe

30、 foootballl hellmetc.sallariess of tthe cllericaal staaff thhat woork inn the compaany addminisstratiive offficessd.utiilitiees paiid forr the manuffacturring pplantTHE FOLLLOWINNG INFFORMATTION AAPPLIEES TO QUESTTIONS 47 THHROUGHH 53.The Bowwley CCompanny mannufacttures severral diiffereent prroduc

31、tts. Unnit coosts aassociiated with produuct ICCT101 are aas folllows:Directt mateerialss$ 600Directt laboor10Flexibble maanufaccturinng suppport costss18Capaciity-reelatedd manuufactuuring suppoort coosts32Sales commiissionns (2% of ssales)4Adminiistrattive ssalariies 166 Tottal$14047.Tottal prrodu

32、ctt costts asssociatted wiith prroductt ICT1101 arre:a.$ 50b.$ 88c.$1220d.$144048.Tottal peeriod costss assoociateed witth prooduct ICT1001 aree:a.$ 4b.$166c.$200d.$52249.Tottal fllexiblle cossts asssociaated wwith pproducct ICTT101 aare:a.$188b.$222c.$888d.$92250.Tottal caapacitty-rellated costss a

33、ssoociateed witth prooduct ICT1001 aree:a.$166b.$322c.$488d.$52251.Tottal noonmanuufactuuring costss assoociateed witth prooduct ICT1001 aree:a.$ 4b.$166c.$200d.$52252.Tottal maanufaccturinng cossts asssociaated wwith pproducct ICTT101 aare:a.$700b.$888c.$1220d.$144053.Dirrect mmanufaacturiing coost

34、s aassociiated with produuct ICCT101 are:a.$700b.$888c.$922d.$100854.Cosst behhaviorr refeers too:a.howw costts reaact too a chhange in thhe levvel off actiivityb.wheether a cosst is incurrred iin a mmanufaacturiing, mmerchaandisiing, oor serrvice compaanyc.claassifyying ccosts as eiither produuct o

35、rr periiod coostsd.wheether a parrticullar exxpensee has been ethiccally incurrred55.Whiich sttatemeent iss FALSSE?a.Alll flexxible costss are direcct cossts.b.Beccause of a cost-beneffit trradeofff, soome diirect costss may be trreatedd as iindireect coosts.c.Alll capaacity-relatted coosts aare inn

36、direcct cossts.d.Dirrect ccosts may bbe fleexiblee or ccapaciity-reelatedd.56.An underrstandding oof thee undeerlyinng behhaviorr of ccosts helpss in aall off the folloowing EXCEPPT:a.salles voolume can bbe bettter eestimaatedb.cossts caan be betteer esttimateed as volumme exppands and ccontraactsc.

37、truue cossts off proccessess can be beetter ocess ineffficienncies can bbe bettter iidentiified and, as a resullt, immproveed57.Cappacityy-relaated ccosts:a.mayy be eeitherr direect orr indiirect costssb.varry witth prooductiion orr salees vollumec.incclude partss and materrials used

38、to maanufaccture a prooductd.cann be aadjustted inn the shortt run to meeet acctual demannds58.Cappacityy-relaated ccosts depennd on:a.thee amouunt off resoourcess useddb.thee amouunt off resoourcess acquuiredc.thee voluume off prodductioond.thee voluume off salees59.Currrentlly, moost coompaniies c

39、oonsideer annnual llabor costss as: a.a ccapaciity-reelatedd costtb.a fflexibble coostc.an opporrtunitty cosstd.a pperiodd costt60.Whiich off the folloowing does NOT ddescriibe a flexiible ccost?a.Fleexiblee costt are alwayys inddirectt costts.b.Fleexiblee costts inccreasee in ttotal when the aactua

40、ll leveel of activvity iincreaases.c.Fleexiblee costts incclude most persoonnel costss and depreeciatiion onn machhineryy.d.Fleexiblee costts cann alwaays bee tracced diirectlly to the ccost oobjectt.61.Cosst-vollume-pprofitt anallysis is ussed PRRIMARIILY byy manaagemennt:a.as a plaanningg toollb.f

41、orr conttrol ppurpossesc.to estabblish a tarrget nnet inncome for nnext yyeard.to attaiin exttremelly acccuratee finaanciall resuults62.Conntribuution margiin equuals rrevenuues miinus:oduct costssb.perriod ccostsc.fleexiblee costtsd.cappacityy-relaated ccosts63.Thee breaak-eveen poiint iss the

42、 levell at wwhich revennues:a.equual caapacitty-rellated costssb.equual fllexiblle cosstsc.equual caapacitty-rellated costss minuus fleexiblee costtsd.equual fllexiblle cossts pllus caapacitty-rellated costss64.Thee breaak-eveen poiint iss:a.tottal coosts ddivideed by flexiible ccosts per uunitb.con

43、ntribuution margiin perr unitt diviided bby revvenue per uunitc.cappacityy-relaated ccosts dividded byy conttributtion mmarginn per unitd.(caapacitty-rellated costss pluss flexxible costss) divvided by coontribbutionn marggin peer uniit65.Cosst-vollume-pprofitt anallysis assummes alll of the ffollow

44、wing EEXCEPTT:a.alll costts aree pureely fllexiblle or capaccity rrelateedb.uniits maanufaccturedd equaal uniits sooldc.tottal fllexiblle cossts reemain the ssame oover tthe reelevannt rannged.tottal caapacitty-rellated costss remaain thhe samme oveer thee releevant rangee66.Alll of tthe foollowiing

45、 arre asssumed in a cost-volumme-proofit aanalyssis EXXCEPT:a.a cconstaant prroductt mixb.cappacityy-relaated ccosts increease wwhen aactiviity inncreassesc.revvenue per uunit ddoes nnot chhange as voolume changgesd.alll costts cann be cclassiified as eiither capaccity-rrelateed or flexiible67.In mu

46、ltiiproduuct siituatiions, when saless mix shiftts towward tthe prroductt withh the higheest coontribbutionn marggin, tthen:a.tottal reevenuees willl deccreaseeb.breeakeveen quaantityy willl incrreasec.tottal coontribbutionn marggin wiill deecreassed.opeeratinng inccome wwill iincreaaseTHE FOLLLOWIN

47、NG INFFORMATTION AAPPLIEES TO QUESTTIONS 68 THHROUGHH 71.Karenss Krafft Korrner, Inc., sellls a ssinglee prodduct. This year, 7,0000 uniits weere soold reesultiing inn $70,000 oof salles reevenuee, $288,000 of fllexiblle cossts, aand $112,0000 of ccapaciity-reelatedd costts.68.Conntribuution margiin

48、 perr unitt is:a.$4.00b.$4.29c.$6.00d.Nonne of the aabove is coorrectt.69.Breeak-evven pooint iin uniits iss:a.2,0000 unnitsb.3,0000 unnitsc.5,0000 unnitsd.Nonne of the aabove is coorrectt.70.Thee numbber off unitts thaat musst be sold to acchievee $60,000 oof proofits is:a.10,000 uunitsb.11,666 uun

49、itsc.12,000 uunitsd.Nonne of the aabove is coorrectt.71.If saless incrrease by $225,0000, proofits will increease bby:a.$100,000b.$155,000c.$222,200d.an unknoown ammountTHE FOLLLOWINNG INFFORMATTION AAPPLIEES TO QUESTTIONS 72 THHROUGHH 74.Mr. Pauuls CCompanny sellls seeverall prodducts for aan aveer

50、age pricee of $20 peer uniit andd the averaage fllexiblle cossts peer uniit aree as ffollowws:Directt mateerial$4.000Directt laboor$1.600Indireect maanufaccturinng cossts$0.400Sellinng commmissiions$2.000Mr. Pauuls aannuall capaacity-relatted coosts ttotal $96,0000.72.Thee conttributtion mmarginn pe

51、r unit is:a.$6b.$8c.$122d.$14473.Thee numbber off unitts thaat Mr. Paulls muust seell eaach yeear too breaak eveen is:a.8,0000 unnitsb.12,000 uunitsc.16,000 uunitsd.an unknoown ammount74.Thee numbber off unitts thaat Mr. Paulls muust seell annnuallly to make a proofit oof $1444,0000 is:a.12,000 uuni

52、tsb.18,000 uunitsc.20,000 uunitsd.30,000 uunitsTHE FOLLLOWINNG INFFORMATTION AAPPLIEES TO QUESTTIONS 75 THHROUGHH 79.The folllowinng infformattion iis forr Barnnett CCorporrationn:Produuct XProduuct YRevenuue perr unitt:$10.000$15.000Flexibble coost peer uniit:$ 2.50$ 5.00Total capaccity-rrelateed c

53、ossts:$50,000075.If the ssales mix cconsissts off two unitss of PProducct X aand onne uniit of Produuct Y, whatt is tthe reevenuee per unit of avveragee prodduct?a.$100.00b.$111.66c.$133.33d.$155.0076.If the ssales mix cconsissts off two unitss of PProducct X aand onne uniit of Produuct Y, whatt is

54、tthe brreak-eeven ppoint?a.1,0000 unnits oof Y aand 2,000 uunits of Xb.10112.5 uunits of Y and 22,025 unitss of XXc.20112.5 uunits of Y and 44,025 unitss of XXd.2,0000 unnits oof Y aand 4,000 uunits of X77.Whaat is the ooperatting iincomee, asssumingg actuual saales ttotal 150,0000 unnits, and tthe

55、saales mmix iss two unitss of PProducct X aand onne uniit of Produuct Y? a.$1,200,0000b.$1,250,0000c.$1,750,0000d.Nonne of the aabove is coorrectt.78.If the ssales mix sshiftss to oone unnit off Prodduct XX and two uunits of Prroductt Y, tthen tthe weeighteed-aveerage contrributiion maargin will:a.i

56、nccreasee per unitb.staay thee sameec.deccreasee per unitd.be undetterminnable79.If the ssales mix sshiftss to oone unnit off Prodduct XX and two uunits of Prroductt Y, tthen tthe brreak-eeven ppoint will:a.inccreaseeb.staay thee sameec.deccreaseed.be undetterminnable80.Oppportunnity ccost(ss):a.of

57、a ressourcee withh exceess caapacitty is zerob.shoould bbe maxximizeed by organnizatiionsc.aree recoorded as ann expeense iin thee accoountinng reccordsd.aree mostt impoortantt to ffinanccial aaccounntantss81.A rrecentt colllege ggraduaate haas thee choiice off buyiing a new aauto ffor $220,0000 or

58、tto invvest tthe mooney ffor foour yeears wwith aa 12% expeccted rrate oof retturn. If thhe graaduatee deciides tto purrchasee the auto, the BEST estimmate oof thee oppoortuniity coost off thatt deciision is:a.$2,400b.$111,740c.$200,000d.Theere iss no oopporttunityy costt for this decission.THE FOLL

59、LOWINNG INFFORMATTION AAPPLIEES TO QUESTTIONS 82 THHROUGHH 86.Brendas Braakes mmanufaacturees thrree diiffereent prroductt linees, Moodel XX, Moddel Y, and Modell Z. CConsidderablle marrket ddemandd exissts foor alll modeels. TThe foollowiing peer uniit datta appply:Modell XModell YModell ZSellinng

60、priice$50$60$70Directt mateerialss666Directt laboor ($112 perr hourr)121224Flexibble suupportt costts ($44 per machiine hoour)488Capaciity-reelatedd costts10101082.Whiich moodel hhas thhe greeatestt conttributtion pper unnit?a.Moddel Xb.Moddel Yc.Moddel Zd.botth Moddels XX and Y83.Whiich moodel hhas