管理会计练习题答案.docx

1、管理会计练习题答案TKB第二章（2-1）1. Part #72A Part #172C Steel* $ 12.00 $ 18.00 Setup cost* 6.00 6.00 Total $ 18.00 $ 24.00 *($1.00 12; $1.00 18) *($60,000/10,000) Steel cost is assigned by calculating a cost per ounce and then multiplying this by the ounces used by each part:Cost per ounce= $3,000,000/3,000,000

2、 ounces= $1.00 per ounce Setup cost is assigned by calculating the cost per setup and then dividing this by the number of units in each batch (there are 20 setups per year):Cost per setup = $1,200,000/20= $60,0003. The assumption underlying number of setups as the driver is that each part uses an eq

3、ual amount of setup time. Since Part #72A uses double the setup time of Part #172C, it makes sense to assign setup costs based on setup time instead of number of setups. This illustrates the importance of identifying drivers that reflect the true underlying consumption pattern. Using setup hours (40

4、 10) + (20 10), we get the following rate per hour:Cost per setup hour= $1,200,000/600= $2,000 per hour The cost per unit is obtained by dividing each parts total setup costs by the number of units: Part #72A = ($2,000 400)/100,000 = $8.00 Part #172C = ($2,000 200)/100,000 = $4.00 Thus, Part #72A ha

5、s its unit cost increased by $2.00, while Part #172C has its unit cost decreased by $2.00.（23）1. Brown Company Statement of Cost of Goods Manufactured For the Month Ended February 28, 20XX Direct materials: Beginning inventory $ 176,000 Add: Purchases 283,800 Materials available $ 459,800 Less: Endi

6、ng inventory 87,120 Direct materials used $ 372,680 Direct labor 191,400 Manufacturing overhead 478,590 Total manufacturing costs added $ 1,042,670 Add: Beginning work in process 92,400 Total manufacturing costs $ 1,135,070 Less: Ending work in process 143,000 Cost of goods manufactured $ 992,0702.

7、Brown Company Statement of Cost of Goods Sold For the Month Ended February 28, 20XX Beginning finished goods inventory $ 52,080 Add: Cost of goods manufactured 992,070 Cost of goods available for sale $ 1,044,150 Less: Ending finished goods inventory 95,240 Cost of goods sold $ 948,910（24）2. Setup c

8、ost per direct labor hour = $100,000/100,000 = $1.00 per DLH Setup cost assigned: Automatic Model Manual Model $1.00 30,000 DLH $ 30,000 $ $1.00 70,000 DLH 70,000 Total $ 30,000 $ 70,000 Units produced 60,000 40,000 Setup cost per unit $ 0.50 $ 1.753. Setup hours is a more likely cause-and-effect me

9、asure of resource consumption. The use of setup hours obtains an assignment rate of $10 per setup hour ($100,000/10,000 setup hours) and the following assignment: Automatic Model Manual Model $10.00 7,000 setup hrs. $ 70,000 $ $10.00 3,000 setup hrs. 30,000 Total $ 70,000 $ 30,000 Units produced 60,

10、000 40,000 Setup cost per unit $ 1.17 $ 0.75 The assignment is compatible with an ABM approach and not an FBM approach (setup hours is a nonunit-level driver).（2-5）1. Nursing hours required per year: 4 24 hours 364 days* = 34,944 *Note: 364 days = 7 days 52 weeks Number of nurses = 34,944 hrs./2,000

11、 hrs. per nurse = 17.472 Annual nursing cost = (17 $45,000) + $22,500= $787,500 Cost per patient day = $787,500/10,000 days= $78.75 per day (for either type of patient)2. Nursing hours act as the driver. If intensive care uses half of the hours and normal care the other half, then 50 percent of the

12、cost is assigned to each patient category. Thus, the cost per patient day by patient category is as follows: Intensive care= $393,750*/2,000 days= $196.88 per day Normal care = $393,750/8,000 days= $49.22 per day *$525,000/2 = $262,500（2-6）1. Bella Obra Company Statement of Cost of Services Sold For

13、 the Year Ended June 30, 2006 Direct materials: Beginning inventory $ 300,000 Add: Purchases 600,000 Materials available $ 900,000 Less: Ending inventory 450,000* Direct materials used $ 450,000 Direct labor 12,000,000 Overhead 1,500,000 Total service costs added $ 13,950,000 Add: Beginning work in

14、process 900,000 Total production costs $ 14,850,000 Less: Ending work in process 1,500,000 Cost of services sold $ 13,350,000 *Materials available less materials used3. Bella Obra Company Income Statement For the Year Ended June 30, 2006 Sales $ 21,000,000 Cost of services sold 13,350,000 Gross marg

15、in $ 7,650,000 Less operating expenses: Selling expenses $ 900,000 Administrative expenses 750,000 1,650,000 Income before income taxes $ 6,000,000（2-7）1. Direct materials: Magazine (5,000 $0.40) $ 2,000 Brochure (10,000 $0.08) 800 $ 2,800 Direct labor: Magazine (5,000/20) $10 $ 2,500 Brochure (10,0

16、00/100) $10 1,000 3,500 Manufacturing overhead: Rent $ 1,400 Depreciation ($40,000/20,000) 350* 700 Setups 600 Insurance 140 Power 350 3,190 Cost of goods manufactured $ 9,490 *Production is 20 units per printing hour for magazines and 100 units per printing hour for brochures, yielding monthly mach

17、ine hours of 350 (5,000/20) + (10,000/100). This is also monthly labor hours, as machine labor only operates the presses.2. Direct materials $ 2,800 Direct labor 3,500 Total prime costs $ 6,300 Magazine: Direct materials $ 2,000 Direct labor 2,500 Total prime costs $ 4,500 Brochure: Direct materials

18、 $ 800 Direct labor 1,000 Total prime costs $ 1,800 Direct tracing was used to assign prime costs to the two products.3. Total monthly conversion cost: Direct labor $ 3,500 Overhead 3,190 Total $ 6,690 Magazine: Direct labor $ 2,500 Overhead: Power ($1 250) $ 250 Depreciation ($2 250) 500 Setups (2/

19、3 $600) 400 Rent and insurance ($4.40 250 DLH)* 1,100 2,250 Total $ 4,750 Brochure: Direct labor $ 1,000 Overhead: Power ($1 100) $ 100 Depreciation ($2 100) 200 Setups (1/3 $600) 200 Rent and insurance ($4.40 100 DLH)* 440 940 Total $ 1,940 *Rent and insurance cannot be traced to each product so th

20、e costs are assigned using direct labor hours: $1,540/350 DLH = $4.40 per direct labor hour. The other overhead costs are traced according to their usage. Depreciation and power are assigned by using machine hours (250 for magazines and 100 for brochures): $350/350 = $1.00 per machine hour for power

21、 and $40,000/20,000 = $2.00 per machine hour for depreciation. Setups are assigned according to the time required. Since magazines use twice as much time, they receive twice the cost: Letting X = the proportion of setup time used for brochures, 2X + X = 1 implies a cost assignment ratio of 2/3 for m

22、agazines and 1/3 for brochures.4. Sales (5,000 $1.80) + (10,000 $0.45) $13,500 Less cost of goods sold 9,490 Gross margin $ 4,010 Less operating expenses: Selling $ 500a Administrative 1,500b 2,000 Income before income taxes $ 2,010 aDistribution of goods is a selling expense. bA case could be made

23、for assigning part of her salary to production. However, since she is responsible for coordinating and managing all business functions, an administrative classification is more convincing.第三章（3-1）1. Resource Total Cost Unit Cost Plastic1 $ 10,800 $0.027 Direct labor and variable overhead2 8,000 0.02

24、0 Mold sets3 20,000 0.050 Other facility costs4 10,000 0.025 Total $ 48,800 $0.122 10.90 $0.03 400,000 = $10,800; $10,800/400,000 = $0.027 2$0.02 400,000 = $8,000; $8,000/400,000 = $0.02 3$5,000 4 quarters = $20,000; $20,000/400,000 = $0.05 4$10,000; $10,000/400,000 = $0.025（3-2）1. Committed resourc

25、es: trucks and technicians salaries Flexible resources: supplies, small tools, and fuel2. Variable activity rate = $840,000/70,000 = $12 per call Fixed activity rate = $1,200,000*/80,000 = $15 per call Total cost of one call = $12 + $15 = $27 per call *($26,250 40) + ($6,000 25)3. Activity availabil

26、ity = Activity usage + Unused capacity Calls available = Calls made + Unmade calls 80,000 calls = 70,000 calls + 10,000 calls4. Total cost of Cost of Cost of committed resources = activity used + unused capacity $1,200,000 = ($15 70,000) + ($15 10,000) $1,200,000 = $1,050,000 + $150,000 Note: The an

27、alysis is restricted to committed resources, since only these resources will ever have any unused capacity.第四章（4-1）1. Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total Units produced 400,000 160,000 80,000 560,000 1,200,000 Prime costs $8,000,000 $3,200,000 $1,600,000 $11,200,000 $24,000,000 Overhead co

28、sts $3,200,000 $2,400,000 $3,600,000 $2,800,000 $12,000,000 Unit cost: Prime $20 $20 $20 $20 $20 Overhead 8 15 45 5 10 Total $28 $35 $65 $25 $303. First, calculate a predetermined rate: OH rate = $11,640,000/1,200,000= $9.70 per unit This rate is used to assign overhead to the product throughout the

29、 year. Since the driver is units produced, $9.70 would be assigned to each unit. Adding this to the actual prime costs produces a unit cost under normal costing: Unit cost = $9.70 + $20.00 = $29.70 This cost is close to the actual annual cost of $30.00.（4-2）1. Predetermined rates: Drilling Departmen

30、t: Rate = $600,000/280,000 = $2.14* per MHr Assembly Department: Rate = $392,000/200,000 = $1.96 per DLH *Rounded2. Applied overhead: Drilling Department: $2.14 288,000 = $616,320 Assembly Department: $1.96 196,000 = $384,160 Overhead variances: Drilling Assembly Total Actual overhead $602,000 $ 412,000 $ 1,014,000 Applied overhead 616,320 384,160 1,000,480 Overhead variance $ (14,320) over $ 27,840 under $ 13,5203. Unit overhead cost = ($2.14 4,000) + ($1.96 1,600)/8,000 = $11,696/8,000 = $1.46* *