cost acct test bank chap1112文档格式.docx

cost acct test bank chap1112文档格式.docx

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Answer:

aDifficulty:

2Objective:

1

TermstoLearn:

spoilage

33.Unacceptableunitsofproductionthatarediscardedorsoldforreducedpricesarereferredtoas:

a.reworkedunits

b.spoilage

c.scrap

d.defectiveunits

bDifficulty:

1Objective:

34.Unacceptableunitsofproductionthataresubsequentlyrepairedandsoldasacceptablefinishedgoodsare:

rework

35.Costsofpoorqualityproductionincludethe:

a.opportunitycostoftheplantandworkers

b.effectoncurrentcustomers

c.effectonpotentialcustomers

d.Alloftheseanswersarecorrect.

dDifficulty:

36.Materialleftoverwhenmakingaproductisreferredtoas:

cDifficulty:

scrap

37.Aproductionprocesswhichinvolvesspoilageandreworkoccursin:

a.themanufactureofhighprecisiontools

b.semiconductorunits

c.themanufactureofclothing

spoilage,rework

38.Spoilagethatisaninherentresultoftheparticularproductionprocessandarisesunderefficientoperatingconditionsisreferredtoas:

a.ordinaryspoilage

b.normalspoilage

c.abnormalspoilage

d.Noneoftheseanswersiscorrect.

2

normalspoilage

39.Spoilagethatshouldnotariseunderefficientoperatingconditionsisreferredtoas:

abnormalspoilage

40.Costsofnormalspoilageareusuallyaccountedforas:

a.partofthecostofgoodssold

b.partofthecostofgoodsmanufactured

c.aseparatelineitemintheincomestatement

d.anassetinthebalancesheet

41.Costsofabnormalspoilageareusuallyaccountedforas:

42.Thelossfromabnormalspoilageaccountwouldnotappear:

a.onthebalancesheet

b.asadetaileditemintheretainedearningsscheduleofthebalancesheet

c.asadetaileditemontheincomestatement

d.Eitheraorbiscorrect.

43.Normalspoilageshouldbecomputedusingasthebasethe:

a.totalunitscompleted

b.totalgoodunitscompleted

c.totalactualunitsstartedintoproduction

44.Companiesthatattempttoachievezerodefectsinthemanufacturingprocesstreatspoilageas:

a.scrap

b.reworkedunits

d.normalspoilage

45.Whichoneofthefollowingconditionsusuallyexistswhencomparingnormalandabnormalspoilagetocontrollability?

NormalSpoilageAbnormalSpoilage

a.ControllableControllable

b.ControllableUncontrollable

c.UncontrollableUncontrollable

d.UncontrollableControllable

normalspoilage,abnormalspoilage

46.Notcountingspoiledunitsintheequivalent-unitcalculationresultsin:

a.lowercostpergoodunit.

b.highercostpergoodunit

c.bettermanagementinformation

d.Bothaandcarecorrect.

47.Recognitionofspoiledunitswhencomputingoutputunits:

a.highlightsthecostsofnormalspoilagetomanagement

b.distortstheaccountingdata

c.focusesmanagement'

sattentiononreducingspoilage

spoilage,normalspoilage

THEFOLLOWINGINFORMATIONAPPLIESTOQUESTIONS48THROUGH52:

AstoriaComputerSystems,Inc.,manufacturesprintercircuitcards.Alldirectmaterialsareaddedattheinceptionoftheproductionprocess.DuringJanuary,theaccountingdepartmentnotedthattherewasnobeginninginventory.Directmaterialspurchasestotaled