管理會計(全英)學習通超星期末考試答案章節(jié)答案2024年

管理會計(全英)學習通超星期末考試章節(jié)答案2024年AdebitbalanceintheDirectLaboraccountrepresentsaliabilityforwagespayable.

答案:錯Productcostsarechargeddirectlytoexpenseaccounts.

答案:錯Directlaborandoverheadcoststhatarerequiredtoconvertrawmaterialsintofinishedgoodsareconsideredtobeconversioncosts.

答案:對DirectMaterials$350,000DirectLabor$475,000ManufacturingOverhead$722,000SellingandAdministrativeCosts$256,000TheJamesCompanyprimecostsare$606,000.

答案:錯Thecostsofstoringanddeliveringfinishedgoodsareallocatedtothefinishedgoodsaccount.

答案:錯Productcostsbecomepartofinventoryandareplacedonthebalancesheetuntiltheproductsaresold.

答案:對Managementaccountingencompassesthedesignanduseofaccountinginformationsystemsinsidethecompanytoachievethecompany'sobjectives.

答案:對Coststorepairequipmentareconsideredadirectcost

答案:錯Manufacturingoverheadisatermusedtodescribeallmanufacturingcostsotherthandirectmaterialsanddirectlabor.

答案:對Productcostsareoffsetagainstrevenueintheperiodinwhichtherelatedproductsaremanufactured,ratherthantheperiodinwhichtheproductsaresold.錯Periodcostsaredeductedfromsalestoarriveatgrossprofit.

答案:錯Manufacturingoverheadisbestdescribedas:

答案:AllmanufacturingcostsotherthandirectmaterialsanddirectlaborInanaircraftfactory,theinventoryofdirectmaterialswouldnotinclude:

答案:Completedaircraft,availableforsaleIncomparisonwithafinancialstatementpreparedinconformitywithgenerallyacceptedaccountingprinciples,amanagerialaccountingreportismorelikelyto:

答案:Betailoredtothespecificneedsofanindividualdecisionmaker/star3/origin/8f35b24ae7deefbda04e3ebbbfaa59f5.png

答案:$9,750Allofthefollowingstatementsregardingmanagementaccounting'sroleinassigningdecision-makingauthorityaretrueexcept:

答案:Sincemanagementaccountinginformationisusedfordecisionmakingpurposes,historicalinformationisunnecessaryManufacturingcostsdonotinclude:

答案:SellingexpensesrelatedtogoodsmanufacturedduringtheperiodWhichofthefollowingisnotacharacteristicofmanagerialaccounting?

答案:InformationmustbedevelopedinconformitywithgenerallyacceptedaccountingprinciplesorwithincometaxregulationsWhichofthefollowingshouldnotbeclassifiedasamanufacturingcost?

答案:Commissionspaidtosalespeople/star3/origin/7044cf16a03feec8b152fb413657f80c.png

答案:$739,000Managementaccountingsystemsaredesignedtoassistorganizationsintheperformanceofallofthefollowingfunctionsexcept:

答案:Thepreparationofincometaxreturns.Anactivity-basedcostingsystemdoesnothelpmanagersmakebetterproductpricingdecisions.

答案:錯Acreditbalanceinthemanufacturingoverheadaccountatmonthendindicatesthattheactualoverheadcostswerelessthantheamountofoverheadcostsappliedtojobs.

答案:對MetalworksIncorporatedpurchased$54,500worthofdirectmaterialstobeusedinJob#222.Duringtheaccountingperiod,Job#222used$45,600ofdirectmaterials.TheamountofdirectmaterialsthatwouldbeshowninJob#222JobCostSheetattheendoftheaccountingperiodshouldbe$54,500,sincethisistheamountofdirectmaterialsthecompanyhadpurchasedforthisparticularjob.

答案:錯Managementcancomputetheper-unitcostoffinishedgoodsaccuratelyonlywhenajobordercostsystemisinuse.

答案:錯Jobordercostingisappropriateforbusinessesthatproducemassquantitiesofidenticalunitsusingthesameamountofdirectmaterials,directlabor,andmanufacturingoverhead.

答案:錯Overheadapplicationratesallowoverheadtobeassignedasunitsarebeingproducedthroughouttheaccountingperiod.

答案:對Metalworksemploys3assemblyworkersthat,onaverage,eachwork40hoursperweekandearn$9perhour.Duringthecurrentaccountingperiod,Job#543consumed77hoursofdirectlabortotaling$693.

答案:對Activity-basedcostingsystemsalwaysresultinmoreaccuratemeasurementsofunitcosts.

答案:對Anoverheadapplicationrateiscomputedbydividingtheactualoverheadcostsbytheexpectedamountofunitsintheactivitybase.

答案:錯Thebasictypesofcostaccountingsystemsare:

答案:Jobordercostsystems,activitybasedcostsystems,andprocesscostsystemsThemethodusedbymanagerswhencomparingunitcostswithbudgetedcostsorothermeasuresisbroadlyknownas:

答案:CostcontrolManufacturingoverheadisnot:

答案:Aperiodcost.Aneffectivecostaccountingsystemshouldmatchprocessesthatconsumeresourceswiththeassociated_____inordertomaintaincompetitiveadvantage.Selectthebestanswertocompletethesentence.

答案:CostsnullAjobordercostsystemwouldbesuitableforwhichofthefollowing:

答案:Asailboatbuilder.Whichofthefollowingcostingsystemswouldalwaysusejobcostsheets?

答案:JobordercostingTheemployeetimecardforJohnWinterindicatesthathespentlastweekperformingroutinemaintenanceonfactorymachinery.PaymentsmadetoWinterforlastweek'sworkshouldbe:

答案:DebitedtotheManufacturingOverheadaccount.EdwardsAutoBodyusesajobordercostsystem.Overheadisappliedtojobsonthebasisofdirectlaborhours.Duringthecurrentperiod,JobNo.337wascharged$425indirectmaterials,$475indirectlabor,and$190inoverhead.Ifdirectlaborcostsanaverageof$16perhour,thecompany'soverheadapplicationrateis:

答案:$6.40perdirectlaborhourManufacturingoverheadis:

答案:Anindirectcostthatcannotbetracedtoaspecificjob.JiffyCompanyhas3,000unitsthatare70%complete.Jiffy's"equivalentunits"are3,000completedunits.

答案:錯Inaproductioncostreport,theunitstransferredoutrefertotheequivalentunitscompletedduringtheperiodthathavebeenmovedtothenextdepartmentortoFinishedGoodsInventory.

答案:對Theproductioncostreportisanestimateoftheequivalentunitscompletedduringtheperiod.

答案:錯Costsflowthroughaprocesscostingsysteminthesamesequenceasactualproductsmovethroughtheassemblyprocess.

答案:對Acompanymaychoosetouseprocesscostingorjobordercosting,butneverbothsimultaneously.

答案:錯Jobordercostinginvolvesaveragingcostsacrossproductsproduced,andassuch,thefirststepinjobordercostingistoclearlyunderstandthephysicalflows.

答案:錯Inaproductioncostreport,theunitsinbeginningWorkinProcessarealwaysexpressedasequivalentunits.

答案:錯Whichofthefollowingisnotacharacteristicofaprocesscostingsystem?

答案:CostsareaccumulatedseparatelyforeachunitofproductionasitmovesthroughthefactoryThecomputationofequivalentunitsisgenerallynotnecessarywhen:

答案:BeginningandendingworkinprocessinventoriesdifferonlyslightlyProcesscostingwouldbesuitablefor:

答案:ProductionoftelevisionsetsAprocesscostingsystemdiffersfromajobordercostingsysteminthat:

答案:Processcostingsystemsareusedwhenproductioninvolveslargevolumesofstandardizedproducts,whereasjobordercostingsystemsareusedwheneachjoborbatchofproductsisuniquelydifferentInaprocesscostingsystem,thenumberofunitsstartedandcompletedforaperiodisequalto:

答案:UnitstransferredoutlessunitsinbeginningworkinprocessProcesscostingsystems:

答案:AreusedwhencompaniesproducehomogeneousunitsEquivalentunitsofproductionare:

答案:Ameasurerepresentingthepercentageofaunit'scostthathasbeencompletedDuringthemonthofJune,$352,150ofcostsweretransferredfromDepartmentAtoDepartmentB.Thejournalentrytosummarizethetransferofthesecostsincludes:

答案:AcredittodepartmentAfor$352,150Companiesthatcomputeequivalentunitsofproductiondosoto:

答案:Determinedepartmentalper-unitcostsThetargetcostingprocessbeginswithfindingalowcostsuppliertoreducetheoverallcostofproduction.

答案:錯Theprocessofusingactivity-basedcostingtohelpreduceandeliminatenon-value-addedactivitiesisactivity-basedmanagement.

答案:對Thebasicapproachofjust-in-timeinventorysystemsistotrytoeliminateinefficiencyandtoimproveproductquality.

答案:對Thevaluechainincludescustomerservice,marketing,andsuppliers.

答案:對Aprimaryobjectiveoftargetcostingistoreducedevelopmenttime.

答案:對Non-value-addedactivitiesdonotdirectlyincreasetheworthofaproducttoacustomer.

答案:對Activity-basedcostingsystemsrefertoacquiringmaterialsandmanufacturinggoodsonlyasneededtofillcustomers'orders.

答案:錯Targetcostequalstargetpriceplusprofitmargin.

答案:錯Thedevelopmentofactivity-basedcostinformationisanecessaryprerequisitetoactivity-basedmanagement.

答案:對"SixSigma"describesthelengthoftimeittakesaproducttopassthroughthe6stagesofmanufacturing,fromprocessingthroughinspection.

答案:錯Value-addedactivitiesinclude:

答案:ProductdesignWhichofthefollowingactivitiesperformedbyamanufacturerofrollerbladesisavalue-addedactivity?

答案:ClearandtruthfulmarketingWhichofthefollowingisnotapreventioncost?

答案:WarrantycostsThefollowingareallcharacteristicsoftargetcostingexcept:

答案:UnderstandingthepricingprocessinordertoincreasesellingpricesWhichofthefollowingisnotoneofthebasicproceduresrelatedtoactivity-basedcosting?

答案:ComputeinternalfailurecostsExternalfailurecostsinclude:

答案:RepairsWhichofthefollowingisavalue-addedactivitybyamanufacturerofchocolatecandies?

答案:TheadditionofchocolatesyrupintothecandymixTechniquestomanagecostsinthevaluechainincludeallofthefollowingexcept:

答案:ProcesscostingAneffectivejust-in-timesystemwillinclude:

答案:AnefficientplantlayoutThemanufacturingefficiencyratioequals:

答案:Value-addedtimedividedbycycletimeWithvariablecosts,thecostperunitvarieswithchangesinvolume.

答案:錯Anybusinesswhichoperatesatlessthancapacitywillhavesmallerfixedcoststhanvariablecosts.

答案:錯Whencost-volume-profitanalysisisused,theneedforacostaccountingsystemiseliminated.

答案:錯Salesofproductswithhighcontributionmarginsoftenaredescribedasquantitysales.

答案:錯Onecharacteristiccommontoalltypesofcostsisthetendencytoriseandfallindirectproportiontochangesinthevolumeofbusinessoutput.

答案:錯Thecontributionmarginistheamountbywhichrevenueexceedsvariablecosts.

答案:對Contributionmarginratioisequaltocontributionmarginperunitdividedbyunitsalesprice.

答案:對Executivesalariesaretypicallyconsideredvariablecosts.

答案:錯Asvolumeincreases,perunitfixedcostsstaythesame.

答案:錯Incost-volume-profitanalysis,thenumberofunitssoldisassumedtobeequaltothenumberofunitsproduced.

答案:對Howwillacompany'scontributionmarginbeaffectedbyaninvestmentinequipmentthatincreasesfixedcostsinordertoachieveareductionindirectlaborcost?

答案:ContributionmarginwillincreaseWhenvolumeincreases,fixedcostperunit:

答案:DecreasesAllotherthingsheldconstant,howwillanincreaseinsellingpriceaffectthebreak-evenpointmeasuredinunits?

答案:Thebreak-evenpointwilldecrease/star3/origin/3b2d4a3bfaf01a3a95bb11bbcfafe2cd.png

答案:$370,370Variablecostswouldinclude:

答案:SalescommissionexpenseProductXsellsfor$35perunitandhasrelatedvariablecostsof$25perunit.ThefixedcostsofproducingproductXare$65,000permonth.HowmanyunitsofproductXmustbesoldeachmonthtoearnamonthlyoperatingincomeof$85,000?

答案:15,000unitsInordertocalculatebreak-evensalesunits,fixedcostsaredividedbythe:

答案:ContributionmarginperunitWhichofthefollowingisanexampleofafixedcostforanairline?

答案:DepreciationonthecorporateheadquartersThedollaramountbywhichsalescandeclinebeforeanoperatinglossisincurrediscalledthe:

答案:MarginofsafetyAsemi-variablecost:

答案:Changesinresponsetoachangeinvolume,butnotproportionatelyTheterm"out-of-pocketcost"isoftenusedtodescribecostswhichhavenotyetbeenincurredandwhichmayvaryamongalternativecoursesofaction.

答案:對Whensalesofoneproductcontributetothesalesofanotherproducttheyarecalledcontributionproducts.

答案:錯Jointcostsarethemiddlecostsofaproduct.

答案:錯Sunkcostsmaybedefinedasunavoidablefuturecostsresultingfrompastdecisions.

答案:錯Thesplit-offpointisthepointatwhichjointproductscanbeseparatedintotwoormoreproducts.

答案:對Asunkcostisanexpenditurethathasproventobenonproductive.

答案:錯Sunkcostshavealreadybeenincurredandcannotbechangedbyfutureactions.

答案:對Anopportunitycostisarelevantcostwhenmakingabusinessdecision.

答案:對Themostcommonmethodtoallocatejointcostsisinproportiontotherelativesalesvalueoftheproducts.

答案:對Whichcostisnotrelevantinmakingfinancialdecisions?

答案:SunkcostsWhichfactorisnotrelevantindecidingwhetherornottoacceptaspecialorder?

答案:TheaveragecostofproductionifthespecialorderisacceptedProductswhichemergefromasharedmanufacturingprocessarereferredtoas:

答案:JointproductsAcostthathasalreadybeenincurredandcannotbechangediscalleda(n):

答案:SunkcostWhichisanexampleofjointproducts?

答案:GranulatedcharcoalandmethylalcoholIncrementalcostscanbedefinedas:

答案:ThedifferencesbetweencostsincurredunderalternativecoursesofactionAcceptingaspecialorderisprofitablewhenevertherevenuefromthespecialorderexceeds:

答案:TheincrementalcostofproducingtheorderIncrementalrevenues:

答案:MayincreaseordecreasewhenonecourseofactionisselectedoveranotherThecostofdrainingsapoutofamapletreetomanufacturemaplesyrupandmaplesugarisanexampleof:

答案:JointcostsIfabusinessactivityqualifiesasaprofitcenter,itcannotalsoqualifyasaninvestmentcenter.

答案:錯Thetransferpriceisthedollaramountusedinrecordingsalestoprimarycustomers.

答案:錯Evaluatingtheperformanceofcostcentersinvolvessubjectivejudgmentsastothevalueoftheservicesrenderedbythesecenters.

答案:對Allcostsbecometraceableatsomeleveloftheorganization.

答案:對Acostthatisdirectlytraceabletoaparticularcentermustbeavariablecost.

答案:錯Theresponsibilitymarginisthecontributionmarginlesscommonfixedcosts.

答案:錯Anaccountingsystemdesignedtomeasuretheperformanceofeachcenterwithinabusinessisreferredtoasaprofitabilityaccountingsystem.

答案:錯Profitcentersgeneraterevenuesandcosts.

答案:對Inassigningcoststocenters,eachcenterischargedwithcostsattributedtothecenterandbasedoncompany-widerates.

答案:錯Acommoncostmaybecomeatraceablecostasitmovesuptolargerresponsibilitycenters.

答案:對Successfuloperationofaresponsibilityaccountingsystemrequiresallofthefollowingexcept:

答案:TheuseofabonuspoolbasedonROA(returnonassets)Inpreparingaresponsibilityincomestatementthatshowscontributionmarginandresponsibilitymargin,generallytwoconceptsareinvolvedinallocatingcoststothevariouscenters.Theseconceptsare:

答案:WhetherthecostsarevariableorfixedandwhethertheyaredirectlytraceabletotheresponsibilitycenterAnexampleofaprofitcenteris:

答案:ThefurnituredepartmentofaretaildepartmentstoreThehumanresourcesdepartmentofalargecompanywouldbeconsidered:

答案:AcostcenterTheconceptofcontributionmarginapplies:

答案:OnlytoprofitcentersDepreciationonthefactorywouldbeanexampleofa:

答案:CommittedfixedcostThepartofabusinessaparticularmanagerisheldresponsibleforiscalleda:

答案:ResponsibilitycenterThemostcommonvalueusedfortransferpricingis:

答案:MarketvalueDisneylandisoneofseveralthemeparksownedbyTheWaltDisneyCompany.Disneylandshouldbeevaluatedas:

答案:AninvestmentcenterCostcentersareevaluatedprimarilyonthebasisoftheirabilitytocontrolcostsand:

答案:ThequantityandqualityoftheservicestheyprovideAmaterialsquantityvarianceisthestandardpricetimesstandardquantity,lessactualquantity.

答案:對Afavorablematerialspricevarianceindicatesthatactualpricespaidinacquiringmaterialsweremorethanstandardprices.

答案:錯Insettingstandardcosts,management'sexpectationsarethatthestandardcostswillalwaysbemet.

答案:錯Astandardcostispredetermined,thatis,determinedbeforeactualcostsofthecurrentperiodhavebeencomputed.

答案:對Thepurchasingmanagerisoftenincludedinevaluatingcostvariances.

答案:對Insettingstandards,management'slevelofperformanceexpectationmustbesomethinglessthanideal.

答案:對Thecompany'sCEOistheonlypersonwhoanalyzescostsvariances.

答案:錯Avarianceissaidtobeunfavorablewhenactualcostsexceedstandardcosts.

答案:對Thematerialspricevarianceiscalculatedbymultiplyingthedifferencebetweenactualunitpriceandstandardunitprice,bythestandardunitspurchased.

答案:錯Theoverheadspendingvariance:

答案:Istheportionofthetotaloverheadvariancethatisconsidered"controllable"bytheproductionmanagerAnunfavorablelaborefficiencyvarianceismostlikelytooccurif:

答案:EmployeesareinefficientandunitsmustbereworkedAnimportantadvantageofastandardcostsystemisthatstandardcosts:

答案:FocusattentionontroublespotsandfacilitatepromptcorrectiveactionAlargefavorablevariancefromstandardcostsattheendoftheyearshouldbe:

答案:AllocatedbetweenendinginventoriesandcostofgoodssoldWhenstandardcostsareusedinacostaccountingsystem:

答案:CostschargedtotheWorkinProcessInventory,FinishedGoodsInventory,andCostofGoodsSoldaccountsareatstandardcostsInasystemdesignedtomeasurecostvariances,goodstransferredfromtheWorkinProcessaccounttotheFinishedGoodsInventoryarevaluedat:

答案:StandardcostTherewillbeafavorablematerialspricevarianceif:

答案:ThestandardpriceperunitisgreaterthantheactualpriceperunitAsupervisor'ssalaryisanexampleof:

答案:FixedmanufacturingcostsnullAlargeunanticipatedreductioninthepropertytaxesonacompany'sfactorywould,allotherthingsequal,mostlikelycause:

答案:AfavorableoverheadspendingvarianceAfailureofthereturnonaverageinvestmentmethodisthatnoconsiderationisgiventothetimevalueofmoney.

答案:對Nonfinancialconsiderationsarenotaccountedforincapitalbudgetingdecisions.

答案:錯Capitalinvestmentreferstolargeexpenditurestopurchaseplantassets,developnewproducts,orsellmorecompanystock.

答案:錯Ashortpaybackperiodispreferredsothattheinvestment'scostscanbeputtootheruses.

答案:對Thenetpresentvalueofaninvestmentproposalisthedifferencebetweenthetotalpresentvalueoffuturenetcashflowsandthecostoftheinvestment.

答案:對Incapitalbudgeting,theinvestmentproposalwiththeshortestpaybackperiodalwayshasthehighestrateofreturn.

答案:錯Thediscountrateusedindiscountingcashflowsfromproposedinvestmentsisusuallytherateofreturnrequiredbytheinvestor.

答案:對Whenstraight-linedepreciationisused,theaveragecarryingvalueofanassetwithnosalvagevalueisequaltotheasset'soriginalcostdividedbyitsestimatedusefullife.

答案:錯Whenthenetpresentvalueisgreaterthanzero,theinvestment'srateofreturnislessthanthediscountrate.

答案:錯Thehighertherequiredrateofreturnofaninvestment,thelessaninvestorwillbewillingtopayfortheinvestment.

答案:對Amachinecost$46,000andhadausefullifeof4yearsandaresidualvalueof$7,000.Whatisthenetpresentvalueofthemachineiftheannualcashflowis$16,000andthecompanyusesadiscountrateof10%?Anannuitytableshowsthepresentvalueof$1at10%for4yearstobe0.683.Thepresentvalueofanordinaryannuityof$1discountedat10%for4yearsis3.170.

答案:$9,501Whichmethodofprojectselectiongivesconsiderationtothetimevalueofmoneyinacapitalbudgetingdecision?

答案:DiscountedcashflowsmethodWhichofthefollowingisnotconsideredacapitalinvestment?

答案:ThepurchaseofalargeorderofrawmaterialsusedintheproductionprocessAninvestmentcost$80,000withnosalvagevalue,a5yearusefullife,andhadanexpectedannualincreaseinnetincomeof$7,000.Straightlinedepreciationisused.Whatistheexpectedreturnonaverageinvestment?

答案:17.5%ThemanagementofTrylonFarmsisconsideringthepurchaseofequipmentcosting$320,000.Theequipmenthasausefullifeofeightyears,with$20,000residualvalue.Theuseofthisequipmentwillproducepositiveannualcashflowof$60,000foreightyears,aswellas$20,000fromsaleoftheequipmentattheendoftheeighthyear.Computethenetpresentvalueofthisinvestment,discountedatanannualrateof10%.(Presentvalueof$1dueineightyears,discountedat10%,is0.467;presentvalueof$1receivedannuallyforeightyears,discountedat10%,is5.335.)

答案:$9,440Ifaninvestmentcosts$140,000withnoresidualvalue,anexpectedincreaseinnetincomeof$35,000anda5yearusefullife,thepaybackperiodwouldbe:

答案:2.2yearsWhenmanagementconsidersaninvestment,theylookforthepaybackperiodtobe:

答案:ShortJerichoCorporationisconsideringthepurchaseofnewequipmentcostinginitially$96,000.Theequipmenthasanestimatedlifeof6yearswithnosalvagevalue.Straight-linedepreciationistobeused.Netannualaftertaxcashflowisestimatedtobe$31,200for6years.Thepaybackperiodis:

答案:3.0769yearsThepaybackperiod:

答案:IsthelengthoftimenecessarytorecovertheentirecostofaninvestmentfromitsresultingannualnetcashflowCapitalinvestmentsdecisionsarenotaffectedby:

答案:InventorylevelsCapitalturnoveriscalculatedbydividingoperatingincomebyaverageinvestedcapital.

答案:錯Capital