Question

关于management accounting的选择题

Question 7
Question 7
1.

When a job is complete:
Answer

Work-in-Process Control is debited

the cost of the job is transferred to Manufacturing Overhead Control

actual direct materials, actual direct manufacturing labour, and allocated manufacturing overhead will comprise the total cost of the job

Finished Goods Control is credited

1 points
Question 8
Question 8
1.

________ costing is used by a business to price unique products for different jobs.
Answer

Job

Process

Traditional

Actual

For externally reported inventory costs, the Work-in-Process Control account is increased (debited) by:
Answer

customer-service costs

the purchase costs of direct and indirect materials

allocated plant utility costs

marketing costs

@
During an accounting period, job costs are computed on an ongoing basis by the use of:
Answer

budgeted indirect-cost rates

underallocated indirect-cost rates

actual allocation rates

overallocated indirect-cost rates

Answer the following questions using the information below:

Joni's Kitty Supplies applies manufacturing overhead costs to products at a budgeted indirect-cost rate of $60 per direct manufacturing labour-hour. A retail outlet has requested a bid on a special order of the Toy Mouse product. Estimates for this order include: Direct materials $40,000; 500 direct manufacturing labour-hours at $20 per hour; and a 20% markup rate on total manufacturing costs.

The bid price for this special order is:
Answer

$50,000

$60,000

$96,000

$80,000

1.
Different products consume different proportions of manufacturing overhead costs because of differences in all of the following EXCEPT:
Answer

setup times

customers' customisation specifications

product design

selling prices

1 points
Question 24
Question 24
1.

Logical cost allocation bases include:
Answer

cubic feet of packages moved to measure distribution activity

direct manufacturing labour hours to measure designing activity

machine hours to measure setup activity

All of these answers are correct.

26
The use of a single indirect-cost rate is more likely to:
Answer

undercost high-volume simple products

undercost lower-priced products

undercost low-volume complex products

Both B and C are correct.

Answer 1

1.When a job is complete： actual direct materials, actual direct manufacturing labour, and allocated manufacturing overhead will comprise the total cost of the job
2.job costing is used by a business to price unique products for different jobs
3.For externally reported inventory costs, the Work-in-Process Control account is increased (debited) by: allocated plant utility costs

4.
没有时间看了，我英文太烂，先回答到此吧。答案仅供参考

Answer 2

我是来看评论的