发布时间 : 星期六 文章cost accounting test bank chapter 2更新完毕开始阅读
13) The most likely cost driver of direct labor costs is the ________. A) number of machine setups for the product B) number of miles driven
C) number of production hours D) number of machine hours Answer: C
Diff: 1
Objective: 3
AACSB: Application of knowledge
14) Which of the following statements is true?
A) There is a cause-and-effect relationship between the cost driver and the amount of cost. B) Fixed costs have cost drivers over the short run. C) Over the short run all costs have cost drivers.
D) Volume of production is a cost driver of distribution costs. Answer: A
Diff: 1
Objective: 3
AACSB: Analytical thinking
15) A band of normal activity or volume in which specific cost-volume relationships are maintained is referred to as the ________. A) average range
B) cost-allocation range C) cost driver range D) relevant range Answer: D
Diff: 1
Objective: 3
AACSB: Analytical thinking
16) Within the relevant range, if there is a change in the level of the cost driver, then ________. A) total fixed costs and total variable costs will change
B) total fixed costs and total variable costs will remain the same
C) total fixed costs will remain the same and total variable costs will change D) total fixed costs will change and total variable costs will remain the same Answer: C
Diff: 2
Objective: 3
AACSB: Analytical thinking
13
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17) Outside the relevant range, variable costs, such as direct material costs ________. A) will decrease proportionately with changes in sales volumes B) will remain the same with changes in production volumes
C) will not change proportionately with changes in production volumes D) will increase proportionately with changes in sales volumes Answer: C
Diff: 2
Objective: 3
AACSB: Analytical thinking
18) Which of the following is a cost driver for a company's human resource costs? A) the number of employees in the company B) the number of job applications processed C) the number of units sold
D) the square footage of the office space used by the human resource department Answer: B
Diff: 1
Objective: 3
AACSB: Analytical thinking
Answer the following questions using the information below:
Zephyr Apparels is a clothing retailer. Unit costs associated with one of its products, Product DCT121, are as follows: Direct materials $ 70 Direct manufacturing labor 20 Variable manufacturing overhead 15 Fixed manufacturing overhead 32 Sales commissions (2% of sales) 5 Administrative salaries 16 Total $158
19) What are the direct variable manufacturing costs per unit associated with Product DCT121? A) $142 B) $90 C) $105 D) $110
Answer: C
Explanation: C) Direct variable manufacturing costs = $70 + $20 + $15 = $105
Diff: 1
Objective: 3
AACSB: Application of knowledge
14
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20) What are the indirect nonmanufacturing variable costs per unit associated with Product DCT121? A) $5 B) $21 C) $90 D) $142
Answer: A
Explanation: A) Indirect variable costs = Sales commissions = $5
Diff: 1
Objective: 3
AACSB: Application of knowledge
Answer the following questions using the information below:
The East Company manufactures several different products. Unit costs associated with Product ORD210 are as follows: Direct materials $54 Direct manufacturing labor 8 Variable manufacturing overhead 11 Fixed manufacturing overhead 25 Sales commissions (2% of sales) 5 Administrative salaries 12 Total $115
21) What is the percentage of the total variable costs per unit associated with Product ORD105 with respect to total cost? A) 72% B) 68% C) 75% D) 70%
Answer: A
Explanation: A) $60 + $10 + $15 + $5 = $90/125 = 72%
Diff: 3
Objective: 3
AACSB: Application of knowledge
22) What is the percentage of the total fixed costs per unit associated with Product ORD105 with respect to total cost? A) 32% B) 28% C) 26% D) 20%
Answer: B
Explanation: B) $25 + 10 = $35/125 = 28%
Diff: 3
Objective: 3
AACSB: Application of knowledge
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23) A fixed cost is fixed only in relation to a given wide range of total activity or volume and only for a given
time span, usually a particular budget period. Answer: TRUE
Diff: 2
Objective: 3
AACSB: Application of knowledge
24) A cost driver is a variable, such as the level of activity or volume that causally affects costs over a given time span. Answer: TRUE
Diff: 1
Objective: 3
AACSB: Analytical thinking
25) Fixed cost per unit reduces with an increase in production volume. Answer: TRUE
Diff: 2
Objective: 3
AACSB: Analytical thinking
26) Variable costs per unit vary with the level of production or sales volume. Answer: FALSE
Explanation: Variable costs per unit are constant with the level of production or sales volume.
Diff: 2
Objective: 3
AACSB: Analytical thinking
27) Wood used to manufacture chairs is considered a direct variable cost. Answer: TRUE
Diff: 1
Objective: 3
AACSB: Analytical thinking
28) Variable costs depend on the resources used. Answer: FALSE
Diff: 1
Objective: 3
AACSB: Analytical thinking
29) A fixed cost remains unchanged in total for a given time period, despite wide changes in the related level
of total activity or volume of output produced. Answer: TRUE
Diff: 1
Objective: 3
AACSB: Analytical thinking
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Copyright ? 2015 Pearson Education, Inc.