Chapter 21 Practice Materials文档格式.docx

1、c. variable costs, period costs, and differential costsd. variable costs, sunk costs, and opportunity costs B DIF:3. Costs that remain constant in total dollar amount as the level of activity changes are called:a. fixed costsb. mixed costsc. opportunity costsd. variable costs4. Which of the graphs i

2、n Figure 20-1 illustrates the behavior of a total fixed cost?a. Graph 2b. Graph 3c. Graph 4d. Graph 1 D DIF:5. Which of the graphs in Figure 20-1 illustrates the behavior of a total variable cost?6. Which of the graphs in Figure 20-1 illustrates the nature of a mixed cost?7. Which of the following c

3、osts is an example of a cost that remains the same in total as the number of units produced changes?a. Direct laborb. Salary of a factory supervisorc. Units of production depreciation on factory equipmentd. Direct materials8. Which of the following describes the behavior of the fixed cost per unit?a

4、. Decreases with increasing productionb. Decreases with decreasing productionc. Remains constant with changes in productiond. Increases with increasing production9. Which of the following activity bases would be the most appropriate for food costs of a hospital?a. Number of cooks scheduled to workb.

5、 Number of x-rays takenc. Number of patients who stay in the hospitald. Number of scheduled surgeries C DIF:10. Which of the following activity bases would be the most appropriate for gasoline costs of a delivery service, such as United Postal Service?a. Number of trucks employedb. Number of miles d

6、rivenc. Number of trucks in serviced. Number of packages delivered11. Most operating decisions of management focus on a narrow range of activity called the:a. relevant range of productionb. strategic level of productionc. optimal level of productiond. tactical operating level of production12. Costs

7、that vary in total in direct proportion to changes in an activity level are called:b. sunk costsc. variable costsd. differential costs13. Which of the following is an example of a cost that varies in total as the number of units produced changes?a. Salary of a production supervisorb. Direct material

8、s costc. Property taxes on factory buildingsd. Straight-line depreciation on factory equipment14. Which of the following is NOT an example of a cost that varies in total as the number of units produced changes?a. Electricity per KWH to operate factory equipmentc. Straight-line depreciation on factor

9、y equipmentd. Wages of assembly worker15. Which of the following is NOT an example of a cost that varies in total as the number of units produced changes?c. Insurance premiums on factory building16. Which of the following describes the behavior of the variable cost per unit?a. Varies in increasing p

10、roportion with changes in the activity levelb. Varies in decreasing proportion with changes in the activity levelc. Remains constant with changes in the activity leveld. Varies in direct proportion with the activity level17. The graph of a variable cost when plotted against its related activity base

11、 appears as a:a. circleb. rectanglec. straight lined. curved line18. A cost that has characteristics of both a variable cost and a fixed cost is called a:a. variable/fixed costb. mixed costc. discretionary costd. sunk cost19. Which of the following costs is a mixed cost?a. Salary of a factory superv

12、isorb. Electricity costs of $2 per kilowatt-hourc. Rental costs of $5,000 per month plus $.30 per machine hour of use20. For purposes of analysis, mixed costs are generally:a. classified as fixed costsb. classified as variable costsc. classified as period costsd. separated into their variable and fi

13、xed cost components21. Ingram Co. manufactures office furniture. During the most productive month of the year, 3,500 desks were manufactured at a total cost of $84,400. In its slowest month, the company made 1,100 desks at a cost of $46,000. Using the high-low method of cost estimation, total fixed

14、costs are:a. $56,000b. $28,400c. $17,600d. cannot be determined from the data given Moderate OBJ:22. Given the following cost and activity observations for Wondrous Companys utilities, use the high-low method to calculate Wondrous variable utilities costs per machine hour.CostMachine HoursMarch$3,10

15、015,000April2,70010,000May2,90012,000June3,50018,000a. $10.00b. $.67c. $.63d. $.1023. Given the following cost and activity observations for Johnson Companys utilities, use the high-low method to calculate Johnsons fixed costs per month.January$52,60020,000February75,10029,00057,00022,00064,00024,50

16、0a. $2,600b. $50,000c. $12,500d. $5,00024. Given the following cost and activity observations for Sanchez Companys utilities, use the high-low method to calculate Sanchezs variable utilities costs per machine hour.$8,30010,400July7,200August9,500b. $.60c. $.40d. $.5225. Lanley Co. manufactures offic

17、e furniture. During the most productive month of the year, 4,500 desks were manufactured at a total cost of $86,625. In its slowest month, the company made 1,800 desks at a cost of $49,500. Using the high-low method of cost estimation, total fixed costs are:a. $61,875b. $33,875c. $24,75026. Which of

18、 the following statements is true regarding fixed and variable costs?a. Both costs are constant when considered on a per unit basis.b. Both costs are constant when considered on a total basis.c. Fixed costs are fixed in total, and variable costs are fixed per unit.d. Variable costs are fixed in tota

19、l, and fixed costs vary in total.27. As production increases, what would you expect to happen to fixed cost per unit?a. Increaseb. Decreasec. Remain the samed. Either increase or decrease, depending on the variable costs28. Knowing how costs behave is useful to management for all the following reaso

20、ns except fora. predicting customer demand.b. predicting profits as sales and production volumes change.c. estimating costs.d. changing an existing product production.29. The manufacturing cost of Lancer Industries for three months of the year are provided below:Total CostProduction$ 61,9001,200 Uni

21、ts80,9201,800 100,3002,400 Using the high-low method, the variable cost per unit, and the total fixed costs are:a. $32.30 per unit and $77,520 respectively.b. $32 per unit and $23,500 respectively.c. $32 per unit and $76,800 respectively.d. $32.30 per unit and $22,780 respectively.30. Which of the following statements is