361Chapter5MCSolutionsWord版Word文档下载推荐.docx

361Chapter5MCSolutionsWord版Word文档下载推荐.docx

《361Chapter5MCSolutionsWord版Word文档下载推荐.docx》由会员分享，可在线阅读，更多相关《361Chapter5MCSolutionsWord版Word文档下载推荐.docx（60页珍藏版）》请在冰豆网上搜索。

ModerateOBJ:

5-1

NAT:

AACSB:

ReflectiveThinking

LOC:

AICPAFunctionalCompetencies:

Measurement,Reporting

2.Whenjob-ordercostingisused,theprimaryfocalpointofcostaccumulationisthe

department.

supervisor.

item.

job.

DPTS:

EasyOBJ:

3.Inajob-ordercostingsystem,

standardscannotbeused.

anaveragecostperunitwithinajobcannotbecomputed.

costsareaccumulatedbydepartmentsandaveragedamongalljobs.

overheadistypicallyassignedtojobsonthebasisofsomecostdriver.

4.Whatisthebestcostaccumulationproceduretousewhenmanybatches,eachdifferingastoproductspecifications,areproduced?

job-order

process

actual

standard

5.Whichofthefollowingcouldnotbeusedinjob-ordercosting?

standards

anaveragecostperunitforalljobs

normalcosting

overheadallocationbasedonthejob'

sdirectlaborhours

BPTS:

6.Whichofthefollowingcostingsystemsallowsmanagementtoquicklyrecognizematerials,labor,andoverheadvariancesandtakemeasurestocorrectthem?

ActualCostSystem

NormalCostSystem

yesyes

yesno

noyes

nono

7.Whichofthefollowingcostingmethodsofvaluationareacceptableinajob-ordercostingsystem?

Actual

Material

Cost

Standard

Labor

Predetermined

Overhead

yesyesnoyes

yesnoyesno

noyesyesyes

yesyesyesyes

8.Inanormalcostsystem,adebittoWorkinProcessInventorywouldnotbemadefor

actualoverhead.

appliedoverhead.

actualdirectmaterial.

actualdirectlabor.

9.Afterthecompletionofproduction,standardandactualcostsarecomparedtodeterminethe____oftheproductionprocess.

effectiveness

complexity

homogeneity

efficiency

10.Acompanyproducingwhichofthefollowingwouldbemostlikelytouseapricestandardformaterial?

furniture

NFL-logojackets

custom-madepictureframes

noneoftheabove

11.Knowingspecificjobcostsenablesmanagerstoeffectivelyperformwhichofthefollowingtasks?

estimatecostsoffuturejobs.

establishrealisticjobsellingprices.

evaluatejobperformance.

allanswersarecorrect.

12.Ajob-ordercostingsystemislikelytoprovidebetter

（1）

inventoryvaluationsforfinancialstatements.

（2）

controloverinventory.

（3）

informationaboutabilitytoacceptadditionalproductionwork.

yesnono

noyesyes

nonono

yesyesyes

DifficultOBJ:

13.Thetrendinjob-ordercostingisto

eliminatethedataentryfunctionfortheaccountingsystem.

automatethedatacollectionanddataentryfunctions.

useaccountingsoftwaretochangethefocalpointofthejob-ordersystem.

createanIntranettoshareinformationbetweencompetitors.

5-5

14.job-ordercostingandprocesscostinghavewhichofthefollowingcharacteristics?

Job-orderCosting

ProcessCosting

homogeneousproductsheterogeneousproducts

andlargequantitiesandsmallquantities

andsmallquantitiesandlargequantities

heterogeneousproductshomogeneousproducts

andlargequantitiesandlargequantities

15.Thesourcedocumentthatrecordstheamountofrawmaterialthathasbeenrequestedbyproductionisthe

job-ordercostsheet.

billoflading.

interofficememo.

materialrequisition.

5-2

16.Amaterialrequisitionformshouldshowallofthefollowinginformationexcept

jobnumber.

quantityrequired.

unitcost.

purchaseordernumber.

17.Whichofthefollowingstatementsaboutjob-ordercostsheetsistrue?

Alljob-ordercostsheetsserveasthegeneralledgercontrolaccountforWorkinProcessInventory.

Job-ordercostsheetscanserveassubsidiaryledgerinformationforbothWorkinProcessInventoryandFinishedGoodsInventory.

Ifmaterialrequisitionformsareused,job-ordercostsheetsdonotneedtobemaintained.

Job-ordercostsheetsshowcostsfordirectmaterialanddirectlabor,butnotformanufacturingoverheadsinceitisanappliedamount.

18.Theprimaryaccountingdocumentinajob-ordercostingsystemisa（n）

billofmaterials.

employeetimesheet.

materialsrequisition.

19.Thecostsheetsforincompletejobsattheendoftheperiodcomprisethesubsidiaryledgerfor

FinishedGoodsInventory.

RawMaterialInventory.

WorkinProcessInventory.

SuppliesInventory.

CPTS:

20.The____providesmanagementwithahistoricalsummationoftotalcostsforagivenproduct.

job-ordercostsheet

employeetimesheet

materialrequisitionform

billoflading

21.Thesourcedocumentthatrecordstheamountoftimeanemployeeworkedonajobandhis/herpayrateisthe

laborrequisitionform.

22.AcredittoWorkinProcessInventoryrepresents

workstillinprocess.

rawmaterialputintoproduction.

theapplicationofoverheadtoproduction.

thetransferofcompleteditemstoFinishedGoodsInventory.

5-3

23.Inajob-ordercostingsystem,thedollaramountoftheentrythatdebitsFinishedGoodsInventoryandcreditsWorkinProcessInventoryisthesumofthecostschargedtoalljobs

startedinprocessduringtheperiod.

inprocessduringtheperiod.

completedandsoldduringtheperiod.

completedduringtheperiod.

24.TotalmanufacturingcostsfortheyearplusbeginningWorkinProcessInventorycostequals

costofgoodsmanufacturedintheyear.

endingWorkinProcessInventory.

totalmanufacturingcoststoaccountfor.

costofgoodsavailableforsale.

25.Whichofthefollowingwouldbeleastlikelytobesupportedbysubsidiaryaccountsorledgersinacompanythatemploysajob-ordercostingsystem?

WorkinProcessInventory

RawMaterialInventory

AccountsPayable

SuppliesInventory

26.AjournalentryincludesadebittoWorkinProces