管理会计示范性双语课件习题02.docx
- 文档编号:16246054
- 上传时间:2023-07-12
- 格式:DOCX
- 页数:45
- 大小:33.80KB
管理会计示范性双语课件习题02.docx
《管理会计示范性双语课件习题02.docx》由会员分享,可在线阅读,更多相关《管理会计示范性双语课件习题02.docx(45页珍藏版)》请在冰点文库上搜索。
管理会计示范性双语课件习题02
CHAPTER2
COSTMANAGEMENTCONCEPTSANDCOSTBEHAVIOR
TRUE/FALSE
1.Thereisnosingledefinitionofcost.
a.True
b.False
2.Theroleofthemanagementaccountantistotailorthecostcalculationtofitthecurrentdecisionsituation.
a.True
b.False
3.Acostthatisusefulforonedecisionmaynotbeusefulinformationforanotherdecision.
a.True
b.False
4.Inmostorganizations,managingnonmanufacturingcostsaswellasmanufacturingcostsisimportantforfinancialsuccess.
a.True
b.False
5.Thecostofacustomizedmachineonlyusedintheproductionofasingleproductwouldbeclassifiedasadirectcost.
a.True
b.False
6.Thewagesofaplantsupervisorwouldbeclassifiedasaperiodcost.
a.True
b.False
7.Theclassificationofproductandperiodcostsisparticularlyvaluableinmanagementaccounting.
a.True
b.False
8.Forexternalreporting,generallyacceptedaccountingprinciplesrequirethatcostsbeclassifiedaseitherflexibleorcapacity-relatedcosts.
a.True
b.False
9.Knowingwhetheracostisaperiodoraproductcosthelpstoestimatetotalcostatanewlevelofactivity.
a.True
b.False
10.Flexiblecostsarealwaysdirectcosts.
a.True
b.False
11.Capacity-relatedcostsvarywiththelevelofproductionorsalesvolume.
a.True
b.False
12.Currently,mostpersonnelcostsareclassifiedascapacity-relatedcosts.
a.True
b.False
13.Somecapacity-relatedcostsmightbeclassifiedasdirectmanufacturingcosts.
a.True
b.False
14.Capacity-relatedcostsdependontheresourcesused,nottheresourcesacquired.
a.True
b.False
15.Break-evenpointisNOTanimportantconceptsincethegoalofbusinessistomakeaprofit.
a.True
b.False
16.Toperformcost-volume-profitanalysis,acompanymustbeabletoseparatecostsintocapacity-relatedandflexiblecomponents.
a.True
b.False
17.Cost-volume-profitanalysismaybeusedforsingle-productandmultiproductanalysis.
a.True
b.False
18.Sellingpriceperunitis$30,flexiblecostperunitis$15,andcapacity-relatedcostperunitis$10.Whenthiscompanyoperatesabovethebreak-evenpoint,thesaleofonemoreunitwillincreasenetincomeby$5.
a.True
b.False
19.Acompanywithsalesof$100,000,flexiblecostsof$70,000,andcapacity-relatedcostsof$50,000willreachitsbreak-evenpointifsalesareincreasedby$20,000.
a.True
b.False
20.Inmultiproductsituationswhenthesalesmixshiftstowardtheproductwiththelowestcontributionmargin,thebreak-evenquantitywilldecrease.
a.True
b.False
21.Theopportunitycostofaresourceiszeroifthereisexcesscapacityofthatresource.
a.True
b.False
22.Whenafirmmaximizesprofitsitwillsimultaneouslyminimizeopportunitycosts.
a.True
b.False
23.Evenwhentheonlyconstraintlimitingproductionismachinetime,acompanyshouldbemostconcernedwithmaximizingcontributionmarginperunit.
a.True
b.False
24.Thetimeoverwhichadecisionmakercanadjustcapacityisreferredtoastheshortrun.
a.True
b.False
25.Forgeneralcustomers,thepricechargedforaproductmustcoveritslong-runcosttotheorganization.
a.True
b.False
26.Inrecentyears,capacity-relatedcostshaveincreasedasaproportionoftotalmanufacturingcosts.
a.True
b.False
27.Machinesetupcostsareusuallyclassifiedasabusiness-sustainingactivity.
a.True
b.False
28.Thebenefitsofclassifyingactivitiesusingthebroaderframeworkofunit-related,batch-related,product-sustaining,customer-sustaining,andbusiness-sustainingactivitiesaretherearegenerallymorecoststhataredirectlytraceabletocostobjects.
a.True
b.False
29.Productlife-cyclecostinghelpsorganizationsdecidewhetheranewproductshouldbelaunched.
a.True
b.False
MULTIPLECHOICE
30.Anexampleofacostobjectis:
a.aproduct
b.acustomer
c.adepartment
d.Alloftheabovearecorrect.
31.Manufacturingcostsinclude:
a.machineryusedinsideofthefactory
b.researchanddevelopmentcosts
c.costsofdealingwithcustomersafterthesale
d.generalandadministrativecosts
32.ManufacturingcostsincludeallofthefollowingEXCEPT:
a.costsincurredinsidethefactory
b.bothdirectandindirectcosts
c.bothflexibleandcapacity-relatedcosts
d.bothproductandperiodcosts
33.Nonmanufacturingcosts:
a.includeonlycapacity-relatedcosts
b.seldominfluencefinancialsuccessorfailure
c.includethecostofselling,distribution,andafter-salescostsforcustomers
d.areconsideredbyGAAPtobeanelementofproductcosts
34.Productcosts:
a.includeadministrativeandmarketingcosts
b.areparticularlyusefulinfinancialaccounting
c.areexpensedintheaccountingperiodmanufactured
d.arealsoreferredtoasnonmanufacturingcosts
35.Forexternalreporting:
a.costsareclassifiedaseitherproductorperiodcosts
b.costsreflectcurrentvalues
c.therearenoprescribedrulessincenooneisexactlysurehowtheinvestorsandcreditorswillusethesenumbers
d.expensesincludeamountsthatreflectcurrentandfuturebenefits
36.Productcostsareexpensedontheincomestatementwhen:
a.rawmaterialsfortheproductarepurchased
b.rawmaterialsarerequisitionedfortheproduct
c.theproductcompletesthemanufacturingprocess
d.theproductissold
37.Depreciationofplantfacilitiesisclassifiedasa(n):
a.directmaterialcost
b.directlaborcost
c.indirectmanufacturingcost
d.generalandadministrativecost
38.ThecostofinventoryreportedonthebalancesheetmayincludethecostofallthefollowingEXCEPT:
a.advertising
b.wagesoftheplantsupervisor
c.depreciationofthefactoryequipment
d.partsusedinthemanufacturingprocess
39.Aplantmanufacturesseveraldifferentproducts.Thewagesoftheplantsupervisorcanbeclassifiedasa:
a.directcost
b.productcost
c.flexiblecost
d.nonmanufacturingcost
40.Periodcosts:
a.aretreatedasexpensesintheperiodtheyareincurred
b.aredirectlytraceabletoproducts
c.includedirectlabor
d.arealsoreferredtoasindirectmanufacturingcosts
41.WhichofthefollowingisNOTaperiodcost?
a.marketingcosts
b.generalandadministrativecosts
c.researchanddevelopmentcosts
d.manufacturingcosts
42.Advertisingisanexampleofa_________costexpensedontheincomestatementintheaccountingperiodincurred.
a.direct
b.manufacturing
c.period
d.product
43.(CMAadapted,June1992)Theterms"directcost"and"indirectcost"arecommonlyusedincostaccounting.Classifyingacostaseitherdirectorindirectdependsupon:
a.thebehaviorofthecostinresponsetovolumechanges
b.whetherthecostisexpendedintheperiodinwhichitisincurred
c.whetherthecostcanberelatedreadilytoresourcesconsumedforacostobject
d.whetheranexpenditureisunavoidablebecauseitcannotbechangedregardlessofanyactiontaken
44.Indirectmanufacturingcosts:
a.canbetracedtotheproductthatcreatedthecosts
b.mayhaveacause-and-effectrelationshipwithcapacityratherthanwithindividualunitsofproduction
c.generallyincludethecostofmaterialandthecostoflabor
d.areincludedinperiodcosts
45.Amanufacturingplantproducestwoproductlines:
footballequipmentandhockeyequipment.Anindirectcostforthehockeyequipmentlineisthe:
a.materialusedtomakethehockeysticks
b.labortobindtheshafttothebladeofthehockeystick
c.shiftsupervisorforthehockeyline
d.plantsupervisor
46.Amanufacturingplantproducestwoproductlines:
footballequipmentandhockeyequipment.Directcostsforthefootballequipmentlinearethe:
a.beveragesprovideddailyintheplantbreakroom
b.monthlyleasepaymentsforaspecializedpieceofequipmentneededtomanufacturethefootballhelmet
c.salariesoftheclericalstaffthatworkinthecompanyadministrativeoffices
d.utilitiespaidforthemanufacturingplant
THEFOLLOWINGINFORMATIONAPPLIESTOQUESTIONS47THROUGH53.
TheBowleyCompanymanufacturesseveraldifferentproducts.UnitcostsassociatedwithproductICT101areasfollows:
Directmaterials$60
Directlabor10
Flexiblemanufacturingsupportcosts18
Capacity-relatedmanufacturingsupportcosts32
Salescommissions(2%ofsales)4
Administrativesalaries16
Total$140
47.TotalproductcostsassociatedwithproductICT101are:
a.$50
b.$88
c.$120
d.$140
48.TotalperiodcostsassociatedwithproductICT101are:
a.$4
b.$16
c.$20
d.$52
49.TotalflexiblecostsassociatedwithproductICT101are:
a.$18
b.$22
c.$88
d.$92
50.Totalcapacity-relatedcostsassociatedwithproductICT101are:
a.$16
b.$32
c.$48
d.$52
51.TotalnonmanufacturingcostsassociatedwithproductICT101are:
a.$4
b.$16
c.$20
d.$52
52.TotalmanufacturingcostsassociatedwithproductICT101are:
a.$70
b.$88
c.$120
d.$140
53.DirectmanufacturingcostsassociatedwithproductICT101are:
a.$70
b.$88
c.$92
d.$108
54.Costbehaviorrefersto:
a.howcostsreacttoachangeinthelevelofactivity
b.whetheracostisincurredinamanufacturing,merchandising,orservicecompany
c.classifyingcostsaseitherproductorperiodcosts
d.whetheraparticularexpensehasbeenethicallyincurred
55.WhichstatementisFALSE?
a.Allflexiblecostsaredirectcosts.
b.Becauseofacost-benefittradeoff,somedirectcostsmaybetreatedasindirectcosts.
c.Allcapacity-relatedcostsareindirectcosts.
d.Directcostsmaybeflexibleorcapacity-related.
56
- 配套讲稿:
如PPT文件的首页显示word图标,表示该PPT已包含配套word讲稿。双击word图标可打开word文档。
- 特殊限制:
部分文档作品中含有的国旗、国徽等图片,仅作为作品整体效果示例展示,禁止商用。设计者仅对作品中独创性部分享有著作权。
- 关 键 词:
- 管理 会计 示范性 双语 课件 习题 02