澳洲代写assignment,管理会计课程论文写作需求-management accounting Review Questions,ACCG200
Review Questions
Quiz One
Q1. The benefits of management accounting information include:
A. improved decisions.
B. more effective planning.
C. greater efficiency of operations.
D. All of the given answers
Q2. Costs that can be significantly influenced by a particular manager are:
A. product costs.
B. period costs.
C. controllable costs.
D. administrative costs.
Q3. The Casual Furniture Company manufactures outdoor furniture, and incurred the
following costs during the month of January.
Timber $25 000
Paint $5 000
Glue $500
Wages—assembly personnel $20 000
Wages—factory supervisor $3 500
Factory cleaner’s wages $2 000
Sales commissions $10 000
Administrative staff salaries $4 000
Depreciation—factory equipment $3 000
Depreciation—sales office equipment $1 000
Utilities, insurance—factory $6 000
Utilities, insurance—sales office $2 000
Advertising $8 000
Total costs $90 000
The conversion costs are:
A. $34 500
B. $29 500
C. $20 000
D. $35 000
Q.4 Unless overtime and idle time are caused by a particular job, they are treated as:
A. a part of direct labour expense.
B. a part of manufacturing overhead.
C. associated with a particular product.
D. a part of manufacturing overhead AND associated with a particular product.
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Q5. Idle time is:
A. frequently an avoidable cost.
B. classified as overhead.
C. caused by events such as equipment breakdown and new set-ups of production runs.
D. All of the given answers
Q6. Select the correct statement regarding fixed costs.
A. Because they do not change, fixed costs should be ignored in decision making.
B. The fixed cost per unit increases when volume increases.
C. The fixed cost per unit decreases when volume increases.
D. The fixed cost per unit does not change when volume decreases.
Q7. A clothing manufacturer incurred the following factory maintenance costs: 2,100 units
produced with maintenance cost of $61,500, and 750 units produced with maintenance cost
of $41,250. How much of the maintenance cost is made up of fixed cost?
A. $11,181
B. $20,125
C. $30,000
D. $50,319
Q8. Java Joe's operates a chain of coffee shops. The company pays rent of $12,000 per year
for each shop. Supplies (napkins, bags and condiments) are purchased as needed. The
manager of each shop is paid a salary of $2,000 per month, and all other employees are paid |
