管理会计计算题整理.docx

管理会计计算题整理.docx

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管理会计计算题整理

CHAPTER3:

Quiz/DemonstrationExercises

ⅡPROBLEMS:

1.Identifythefollowingplannedcostsas（a）purelyvariablecosts,（b）discretionaryfixedcosts,（c）committedfixedcosts,（d）mixedcosts,or（e）stepcosts.

1.Straight-linedepreciationonofficefurniture.

2.Electricityusedinoperatingequipment.

3.Alumpsumamountofadvertisingcostsplannedbyalocalrestaurant.

4.Nursingsupervisors'salaries（asupervisorisneededforevery10nursingpersonnel）.

5.Repairsmadeoncomputers.

6.Trainingcostsforemployees.

7.Crewsupervisorinasmallconstructioncompany.Anewsupervisorisneededforevery12workersemployed.

8.Salescommissionsbasedonsalesdollars.

9.Compensationofaccountantsemployedinternallybyalocalmanufacturingcompany.

10.Directlabor.

11.Rentalpaymentona30-yearleaseforofficespaceinaprivateofficebuilding.

12.Repairsmadeoncomputersintheoffice

Answer:

1.Committedfixedcosts

2.Mixedcosts

3.Discretionaryfixedcosts

4.Stepcosts

5.Purelyvariablecosts

6.Discretionaryfixedcosts

1.Stepcosts

2.Purelyvariablecosts

3.Discretionaryfixedcosts

4.Purelyvariablecosts

5.Committedfixedcosts

6.Purelyvariablecosts

2.TheClevelandRecreationCenterisplanningitsannualfundraiser.Theeventcommitteehasdevelopedthefollowingbudgetfortheevent.

Ballroomrental$2,900

Entertainment$4,500

Printing$600+$9perguest

Food$29perguest

Decorationsandfavors$700+$5perguest

Thecommitteeexpectsthat3,000peoplewillattendtheevent.

a.Computethefixedandvariablecomponentsofthemaintenancedepartment.

b.Preparethecostfunction.

c.IfClevelandRecreationCentercharges$100perperson,howmuchmoneywillberaisedbythisevent?

Answer:

a.Fixed=$2,900+$4,500+$600+$700=$8,700

Variable=$9+$29+$5=$43

b.Y=$8,700+$43x

c.（$100x3,000）–[$8,700+（$43x3,000）]=$162,300

3.AustinPowersCompanyusedleast-squaresregressionanalysistoobtainthefollowingoutput:

PayrollDepartmentCost

ExplainedbyNumberof

Employees

Constant$9,300

StandarderrorofYestimate$630

Rsquared0.9624

No.ofobservations20

Degreesoffreedom18

Xcoefficient（s）3.102

Standarderrorofcoefficient（s）0.0966

a.Whatisthetotalfixedcost?

b.Whatisthevariablecostperemployee?

c.Preparethelinearcostfunction.

d.Whatisthecoefficientofdetermination?

Commentonthegoodnessoffit.

Answer:

a.Theconstantorinterceptisthetotalfixedcostof$9,300.

b.ThevariablecostperemployeeistheXcoefficientof$3.102.

c.Y=$9,300+$3.102X

d.ThecoefficientofdeterminationistheRsquaredof0.9624.Thisrepresentsaveryhighgoodnessoffit.Thecloserto1.0,thebetterthecostdriverexplainsthecost.Therefore,theconclusioncanbedrawnthatthereisasignificantrelationshipbetweenthecostofthepayrolldepartmentandthenumberofemployees.

4.Explainthedifferencebetweencommittedfixedcostsanddiscretionaryfixedcosts,andgiveanexampleofeach.

Answer:

Committedfixedcostsusuallyarisefromthepossessionoffacilities,equipment,andabasicorganization.Thesearelarge,indivisiblechunksofcostthattheorganizationisobligatedtoincurorusuallywouldnotconsideravoiding.Discretionaryfixedcostsaredeterminedbymanagementaspartoftheperiodicplanningprocessinordertomeettheorganization'sgoals.Unlikecommittedfixedcosts,managerscanalterdiscretionaryfixedcostseasily,upordown,evenwithinabudgetperiod.Examplesofacommittedfixedcostincludepropertytaxes,insurance,mortgagepayments,andinterestpaymentsonlongtermdebt.Examplesofadiscretionarycostincludeadvertising,researchanddevelopment,employmenttraining,andmanagementsalaries.

CHAPTER4

McCainCompany,amanufacturerofwindows,haspreparedthefollowinglistofaccountsandtheirbalances:

Advertising$7,200

Assemblers'wages26,840

Depreciationofmachinery1,840

Factoryutilities11,120

Latheoperators'wages23,280

Machineryrepairs4,520

Officesalaries22,760

Purchasesofglue320

Purchasesofnails160

Purchasesofoak60,000

Purchasesofpine33,800

Supervisors'salaries38,280

Therewerenobeginningorendinginventories.Calculatethefollowing:

a.Directmaterialsused

b.Directlabor

c.Factoryoverhead

Answer:

a.$60,000+$33,800=$93,800

b.$23,280+$26,840=$50,120

c.$320+$1,840+$38,280+$4,520+$160+$11,120=$56,240

IndicatewhethereachofthefollowingcostsisanInventoriablecost（I）oraPeriodcost（P）:

1.depreciationonfactoryequipment

2.depreciationontreasurer'sdesk

3.directmaterials

4.factorysupplies

5.indirectlabor

6.factoryequipmentrepairsandmaintenance

7.officesupplies

8.advertisingexpense

9.depreciationonofficeequipment

10.directlabor

11.factorysupervisor'ssalary

12.factoryutilities

13.indirectmaterials

14.officesalaries

15.salescommissions

Answer:

__I__1.__I__6.__I__11.

__P__2.__P__7.__I__12.

__I__3.__P__8.__I__13.

__I__4.__P__9.__P__14.

__I__5.__I__10.__P__15.

HappyCorporationhassuppliedthefollowinginformationfortheyearendedDecember31,20X0:

Directlabor16,480

Directmaterialpurchases19,260

Generalandadministrativeexpenses14,240

Indirectmanufacturingcosts16,780

Sellingexpenses13,520

Beginningdirectmaterialsinventory2,460

Directmaterialsused2,900

BigCorporationproduces8,000units.Therewasnobeginningbalanceorendingbalancework-in-processinventory.Endinginventoryconsistedof1,000finishedunits.

Required:

a.Preparetheinventoriessectionofthebalancesheet.

b.Computethecostofgoodssold.

Answer:

a.Directmaterialinventory:

Beginningdirectmaterialsinventory$2,460

Directmaterialspurchased19,260

Less:

Directmaterialsused-2,900

Endingdirectmaterialsinventory$18,820

Costofgoodsmanufactured:

Directmaterialsused$18,820

Directlabor16,480

Indirectmanufacturingcosts16,780

$52,080

FinishedGoods=$52,080x（1,000/8,000）=$6,510

b.CostofGoodsSold=$52,080x（7,000/8,000）=$45,570

Activity-basedcosting,unusedcapacity.BroncoElectricoperatesatcapacityandmanufacturesandsellstwotypesofmotors:

aspecialmotor,Thermo,andabasicmotor,Basca.Bronco’straditionalproductcostingsystemhastwodirect-costcategories（directmaterialsanddirectmanufacturinglabor）andasingleindirect-costpool.Broncoallocatesallindirectcostsusingdirectmanufacturinglabor-hoursastheallocationbase.

Recently,ateamofmanagersfromproductdesign,manufacturing,sales,andmarketingdecidedtoreplacethesingleindirect-costpoolwithsevenindirect-costpools:

design,setups,materialshandling,manufacturingoperations,shipping,distribution,andadministration.Thetwodirect-costcategorieswereretained.Theteamfeltthatthetraditionalcostingsystemdidnotaccuratelyrepresenttheindirectresourcesdemandedbyeachproduct.Theteamcollectedthefollowinginformationfor2006,theyearjustended.

CHAPTER6

6-30OpportunityCostatNantucketNectars

SupposeNantucketNectarshasamachineforwhichitpaid$160，000severalyearsagoandiscurrentlynotbeingused.Itcanusethemachinetoproduce12oz.bottlesofitsJuiceCocktailsor12oz.bottlesofits100%Juices.Thecontributionmarginfromtheadditionalsalesof100%Juiceswouldbe$90，000.Athirdalternativeissellingthemachineforcashof$75，000.Whatistheopportunitycostofthemachinewhenweanalyzethealternativetoproduce12oz.bottlesofJuiceCocktails?

6-30Answer:

Opportunitycostisthemaximumavailablecontributiontoprofitforgonebyusinglimitedresourcesforaparticularpurpose.Inthiscase,theopportunitycostofthemachinewhenanalyzingthealternativetoproduce12-oz.bottlesofJuiceCocktailsis$90,000,thelargerofthe$90,000contributionmarginfromadditionalsalesofthe100%Juicesorthe$75,000proceedsfromthesaleofthemachine.The$160,000historicalcostofthemachineisapastcostandthusirrelevant.

6-31HospitalOpportunityCost

AnadministratoratSaintJudeHospitalisconsideringhowtousesomespacemadeavailablewhentheoutpatientclinicmovedtoanewbuilding.Shehasnarrowedherchoices，asfollows:

A．Usethespacetoexpandlaboratorytesting.Expectedfutureannualrevenuewouldbe$330，000;futurecosts$290，000.

B．Usethespacetoexpandtheeyeclinic.Expectedfutureannualrevenuewouldbe$500，000;futurecosts$480、000.

C．Thegiftshopisrentedbyanindependentretailerwhowantstoexpandintothevacatedspace.Theretailerhasoffered$11，000fortheyearlyrentalofthespace.Alloperatingexpenseswillbebornebytheretailer.

Theadministrator'splanninghorizonisunsettled.However，shehasdecidedthattheyearlydatagivenwillsufficeforguidingherdecision.

Tabulatethetotalrelevantdataregardingthedecisionalternatives.Omittheconceptofopportunitycostinonetabulation，butusetheconceptinasecondtabulation.Astheadministrator，whichtabulationwouldyoupreferifyoucouldreceiveonlyone?

6-31Answer:

Thefirsttabulationisprobablyeasiertounderstand,butthechoiceofatabulationisamatteroftaste:

（a）（b）（c）

ExpandExpandRentto

LaboratoryEyeGift

TestingClinicShop

Revenues$330,000$500,000$11,000

Expenses290,000480,0000

Incomeeffectsperyear$40,000$20,000$11,000

Treatingthegiftshopastheforgone（rejected）alternative,thetabulationis:

（a）（b）

ExpandExpand

LaboratoryTesting