Chapter 21 Practice Materials文档格式.docx

Chapter 21 Practice Materials文档格式.docx

《Chapter 21 Practice Materials文档格式.docx》由会员分享，可在线阅读，更多相关《Chapter 21 Practice Materials文档格式.docx（34页珍藏版）》请在冰豆网上搜索。

c.variablecosts,periodcosts,anddifferentialcosts

d.variablecosts,sunkcosts,andopportunitycosts

BDIF:

3.Coststhatremainconstantintotaldollaramountasthelevelofactivitychangesarecalled:

a.fixedcosts

b.mixedcosts

c.opportunitycosts

d.variablecosts

4.WhichofthegraphsinFigure20-1illustratesthebehaviorofatotalfixedcost?

a.Graph2

b.Graph3

c.Graph4

d.Graph1

DDIF:

5.WhichofthegraphsinFigure20-1illustratesthebehaviorofatotalvariablecost?

6.WhichofthegraphsinFigure20-1illustratesthenatureofamixedcost?

7.Whichofthefollowingcostsisanexampleofacostthatremainsthesameintotalasthenumberofunitsproducedchanges?

a.Directlabor

b.Salaryofafactorysupervisor

c.Unitsofproductiondepreciationonfactoryequipment

d.Directmaterials

8.Whichofthefollowingdescribesthebehaviorofthefixedcostperunit?

a.Decreaseswithincreasingproduction

b.Decreaseswithdecreasingproduction

c.Remainsconstantwithchangesinproduction

d.Increaseswithincreasingproduction

9.Whichofthefollowingactivitybaseswouldbethemostappropriateforfoodcostsofahospital?

a.Numberofcooksscheduledtowork

b.Numberofx-raystaken

c.Numberofpatientswhostayinthehospital

d.Numberofscheduledsurgeries

CDIF:

10.Whichofthefollowingactivitybaseswouldbethemostappropriateforgasolinecostsofadeliveryservice,suchasUnitedPostalService?

a.Numberoftrucksemployed

b.Numberofmilesdriven

c.Numberoftrucksinservice

d.Numberofpackagesdelivered

11.Mostoperatingdecisionsofmanagementfocusonanarrowrangeofactivitycalledthe:

a.relevantrangeofproduction

b.strategiclevelofproduction

c.optimallevelofproduction

d.tacticaloperatinglevelofproduction

12.Coststhatvaryintotalindirectproportiontochangesinanactivitylevelarecalled:

b.sunkcosts

c.variablecosts

d.differentialcosts

13.Whichofthefollowingisanexampleofacostthatvariesintotalasthenumberofunitsproducedchanges?

a.Salaryofaproductionsupervisor

b.Directmaterialscost

c.Propertytaxesonfactorybuildings

d.Straight-linedepreciationonfactoryequipment

14.WhichofthefollowingisNOTanexampleofacostthatvariesintotalasthenumberofunitsproducedchanges?

a.ElectricityperKWHtooperatefactoryequipment

c.Straight-linedepreciationonfactoryequipment

d.Wagesofassemblyworker

15.WhichofthefollowingisNOTanexampleofacostthatvariesintotalasthenumberofunitsproducedchanges?

c.Insurancepremiumsonfactorybuilding

16.Whichofthefollowingdescribesthebehaviorofthevariablecostperunit?

a.Variesinincreasingproportionwithchangesintheactivitylevel

b.Variesindecreasingproportionwithchangesintheactivitylevel

c.Remainsconstantwithchangesintheactivitylevel

d.Variesindirectproportionwiththeactivitylevel

17.Thegraphofavariablecostwhenplottedagainstitsrelatedactivitybaseappearsasa:

a.circle

b.rectangle

c.straightline

d.curvedline

18.Acostthathascharacteristicsofbothavariablecostandafixedcostiscalleda:

a.variable/fixedcost

b.mixedcost

c.discretionarycost

d.sunkcost

19.Whichofthefollowingcostsisamixedcost?

a.Salaryofafactorysupervisor

b.Electricitycostsof$2perkilowatt-hour

c.Rentalcostsof$5,000permonthplus$.30permachinehourofuse

20.Forpurposesofanalysis,mixedcostsaregenerally:

a.classifiedasfixedcosts

b.classifiedasvariablecosts

c.classifiedasperiodcosts

d.separatedintotheirvariableandfixedcostcomponents

21.IngramCo.manufacturesofficefurniture.Duringthemostproductivemonthoftheyear,3,500desksweremanufacturedatatotalcostof$84,400.Initsslowestmonth,thecompanymade1,100desksatacostof$46,000.Usingthehigh-lowmethodofcostestimation,totalfixedcostsare:

a.$56,000

b.$28,400

c.$17,600

d.cannotbedeterminedfromthedatagiven

ModerateOBJ:

22.GiventhefollowingcostandactivityobservationsforWondrousCompany’sutilities,usethehigh-lowmethodtocalculateWondrous’variableutilitiescostspermachinehour.

Cost

MachineHours

March

$3,100

15,000

April

2,700

10,000

May

2,900

12,000

June

3,500

18,000

a.$10.00

b.$.67

c.$.63

d.$.10

23.GiventhefollowingcostandactivityobservationsforJohnsonCompany’sutilities,usethehigh-lowmethodtocalculateJohnson’sfixedcostspermonth.

January

$52,600

20,000

February

75,100

29,000

57,000

22,000

64,000

24,500

a.$2,600

b.$50,000

c.$12,500

d.$5,000

24.GiventhefollowingcostandactivityobservationsforSanchezCompany’sutilities,usethehigh-lowmethodtocalculateSanchez’svariableutilitiescostspermachinehour.

$8,300

10,400

July

7,200

August

9,500

b.$.60

c.$.40

d.$.52

25.LanleyCo.manufacturesofficefurniture.Duringthemostproductivemonthoftheyear,4,500desksweremanufacturedatatotalcostof$86,625.Initsslowestmonth,thecompanymade1,800desksatacostof$49,500.Usingthehigh-lowmethodofcostestimation,totalfixedcostsare:

a.$61,875

b.$33,875

c.$24,750

26.Whichofthefollowingstatementsistrueregardingfixedandvariablecosts?

a.Bothcostsareconstantwhenconsideredonaperunitbasis.

b.Bothcostsareconstantwhenconsideredonatotalbasis.

c.Fixedcostsarefixedintotal,andvariablecostsarefixedperunit.

d.Variablecostsarefixedintotal,andfixedcostsvaryintotal.

27.Asproductionincreases,whatwouldyouexpecttohappentofixedcostperunit?

a.Increase

b.Decrease

c.Remainthesame

d.Eitherincreaseordecrease,dependingonthevariablecosts

28.Knowinghowcostsbehaveisusefultomanagementforallthefollowingreasonsexceptfor

a.predictingcustomerdemand.

b.predictingprofitsassalesandproductionvolumeschange.

c.estimatingcosts.

d.changinganexistingproductproduction.

29.ThemanufacturingcostofLancerIndustriesforthreemonthsoftheyearareprovidedbelow:

TotalCost

Production

$61,900

1,200Units

80,920

1,800

100,300

2,400

Usingthehigh-lowmethod,thevariablecostperunit,andthetotalfixedcostsare:

a.$32.30perunitand$77,520respectively.

b.$32perunitand$23,500respectively.

c.$32perunitand$76,800respectively.

d.$32.30perunitand$22,780respectively.

30.Whichofthefollowingstatementsis