Quiz Akuntansi Manajemen Sebelum MID

Number 1 - Job Order Costing

At the beginning of the year, Sorrel Company estimated the following:

Sorrel uses departmental overhead rates. In the Machining Department, overhead is applied on the basis of machine hours. In the Assembly Department, overhead is applied on the basis of direct labor hours.

Calculate the predetermined overhead rates for the Machining and Assembly Departments.

• a. Machining Department Overhead Rate = $1.25 per machine hour and Assembly Department Overhead Rate = $1.50 per direct labor hour

• b. Machining Department Overhead Rate = $1.20 per machine hour and Assembly Department Overhead Rate = $1.50 per direct labor hour

• c. .Machining Department Overhead Rate = $1.20 per machine hour and Assembly Department Overhead Rate = $1.55 per direct labor hour

• d. .Machining Department Overhead Rate = $1.10 per machine hour and Assembly Department Overhead Rate = $1.55 per direct labor hour

Number 2 - Job Order Costing

Continue the previous question, Actual data for the month of June are as follows:

Calculate the overhead applied to production in each department for the month of June.

• a. Overhead Applied to Machining in June = $20,500 and Overhead Applied to Assembly in June = $30,000

• b. Overhead Applied to Machining in June = $21,400 and Overhead Applied to Assembly in June = $30,500

• c. Overhead Applied to Machining in June = $20,400 and Overhead Applied to Assembly in June = $32,000

• d. Overhead Applied to Machining in June = $20,400 and Overhead Applied to Assembly in June = $30,000

Number 3 - Job Order Costing

Timter Company uses a normal job-order costing system. The company has two departments through which most jobs pass. Selected budgeted and actual data for the past year follow:

Timter Company uses a plantwide predetermined overhead rate to assign overhead to jobs. Direct labor hours (DLH) are used to compute the predetermined overhead rate.
Required:

Compute the predetermined overhead rate. And then, Using the predetermined rate, compute the per-unit manufacturing cost for Job #10.

• a. $ 11.60

• b. $ 11.70

• c. $ 11.80

• d. $ 11.90

Number 4 - Process Costing

Payson Company, which uses the weighted average method, produces a product that passes through two departments: Mixing and Cooking. In the Mixing Department, all materials are added at the beginning of the process. All other manufacturing inputs are added uniformly. The following information pertains to the Mixing Department for February:

Required:
Prepare a schedule of equivalent units.

• a. Equivalent units of output Materials = 410,000 and Conversion = 400,000

• b. Equivalent units of output Materials = 420,000 and Conversion = 410,000

• c. Equivalent units of output Materials = 420,000 and Conversion = 400,000

• d. Equivalent units of output Materials = 420,000 and Conversion = 420,000

Number 5 - Process Costing

Continue the previous question, Compute the cost per equivalent unit.

• a. Total unit cost = $1.570 per equivalent unit

• b. Total unit cost = $1.575 per equivalent unit

• c. Total unit cost = $1.580 per equivalent unit

• d. Total unit cost = $1.585 per equivalent unit

Number 6 - Process Costing

Continue the previous question, Compute the cost of goods transferred out and the cost of ending work in process.

• a. Cost of goods transferred out = $582,750 and Cost of ending work in process = $58,250

• b. Cost of goods transferred out = $582,700 and Cost of ending work in process = $58,250

• c. Cost of goods transferred out = $582,750 and Cost of ending work in process = $58,200

• d. Cost of goods transferred out = $582,850 and Cost of ending work in process = $58,250

Number 7 - Cost Volume Profit Analysis

Assume the following data for Lambert Inc.:
Sales is 50,000 units
Sales price per unit is $20 per unit
Variable cost per unit is $12 per unit
Fixed costs is $300,000

What is the CM and net income for Lambert Inc ?

• a. CM is $430,000 and net income is $70,000

• b. CM is $420,000 and net income is $80,000

• c. CM is $410,000 and net income is $90,000

• d. CM is $400,000 and net income is $100,000

Number 8 - Cost Volume Profit Analysis

Nicolas Enterprises sells a product for $60 per unit. The variable cost is $35 per unit, while fixed costs are $80,000. Determine the (a) break-even point in sales units and (b) break-even point if the selling price were increased to $67 per unit.

• a. (a) break-even point in sales units is 3,200 units and (b) break-even point if the selling price were increased to $67 per unit is 2,000 units

• b. (a) break-even point in sales units is 3,100 units and (b) break-even point if the selling price were increased to $67 per unit is 2,000 units

• c. (a) break-even point in sales units is 3,200 units and (b) break-even point if the selling price were increased to $67 per unit is 2,500 units

• d. (a) break-even point in sales units is 3,100 units and (b) break-even point if the selling price were increased to $67 per unit is 2,500 units

Number 9 - Cost Volume Profit Analysis

Megan Company has fixed costs of $180,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company’s two products are provided below.

The sales mix for products Q and Z is 75% and 25%, respectively. Determine the break-even point in units of Q and Z.

• a. 3,500 units

• b. 3,600 units

• c. 3,700 units

• d. 3,800 units

Number 10 - Cost Volume Profit Analysis

Wyatt Inc. expects to maintain the same inventories at the end of the year as at the beginning of the year. The estimated fixed costs for the year are $288,000, and the estimated variable costs per unit are $14. It is expected that 60,000 units will be sold at a price of $20 per unit. Maximum sales within the relevant range are 70,000 units.

What is the margin of safety in dollars, units and percentage?

• a. Margin of safety = $ 220,000 or 10,000 units or 25%

• b. Margin of safety = $ 220,000 or 12,000 units or 20%

• c. Margin of safety = $ 240,000 or 10,000 units or 25%

• d. Margin of safety = $ 240,000 or 12,000 units or 20%