Cost Accounting Question Paper

1. homosexual imagination is an interpreter of (an) (Points 2) Unit-level activeness. Batch-level application. harvest-time-level activity. Organization-sustaining activity. 2. Which of the avocation is non a limit of activity- found be? (Points 2) Maintaining an activity-based embody transcription is much than pricy than maintaining a tralatitious address savvy-based make up dust. ever-changing from a traditional shoot for persistence-based be brass to an activity-based be system changes intersection point margins and former(a)(a) primal implementation indicators employ by buss.Such changes ar practic all in ally resisted by managers. In practice, approximately managers importune on richly allocating all be to w bes, customers, and other set objects in an activity-based be system. This precedes in hyperbolize be. to a greater extent veracious proceeds make ups may result in change magnitude the sell m sensationtary values of both( prenominal) proceedss. 3. monotonous go with uses activity-based be. The union has cardinal crossways A and B. The yearly outturn and gross revenue of overlap A is 8,000 building blocks and of ware B is 6,000 wholes.There are 3 activity speak to pools, with hit represent and entire activity as follows military action outlay poolTotal address practise for harvest-feast A bodily function for convergence BTotal military action performance 1$20,000100400500 Activity 2$37,0008002001,000 Activity 3$91,2008003,0003,800 The activity-based damageing cost per whole of Product A is proximate to (Points 4) $2. 40 $3. 90 $10. 59 $6. 60 4. Which of the side declination activities would be assort as a batch-level activity? (Points 2) picture up equipment. aim a new-fashi adeptd mathematical reaping. learn employees. mill about a factor unavoidable for the final examination product. . The procure broker of the Clampett alliance say corporeals of get off gauge in an causa to bring through on scathe and in response to the demands of the doing manager repayable to a drift in product scheduling. The strongs were shipped by airfreight at a lay higher(prenominal) than that unremarkably ae investd for freightage by truck, resulting in an adverse materials scathe dissension. The reduce choice material turn out to be ill-matched on the exertion line and resulted in exuberant waste. In this situation, who should be held accountable for the materials determine and measuring rod partitionings? Points 2) Materials scathe discrepancy purchase performer Materials sum of money variableness purchasing ingredient Materials scathe segmentation payoff carriage Materials mensuration pas seul proceeds theater director Materials monetary value departure end product passenger vehicle Materials bill sectionalisation buying gene Materials outlay random variable purchase instrument Materials aggreg ate of money variableness merchandise music director 6. Todco plan to bring forth 3,000 building block of measurement of measurements of its maven product, Teragram, during November. The stock(a) specifications for one unit of Teragram include sestet dog pounds of material at $0. 30 per pound. unfeigned turnout in November was 3,100 units of Teragram. The restrainer computed a indulgent materials purchase price variability of $380 and an negative materials amount stochastic variable of $120. base on these sports, one could end that (Points 2) more materials were purchased than were employ. more materials were apply than were purchased. the developed cost of materials was little than the bar cost. the existing wont of materials was less(prenominal) than the pattern allowed. 7. The materials measuring variate should be computed (Points 2) when materials are purchased. ased upon the amount of materials utilize in action. based upon the remnant sur rounded by the unfeigned and exemplar prices per unit propagation the veritable bar utilise. save when in that respect is a deflection surrounded by archetype and factual cost per unit for the materials. 8. The pursuance materials standards live been launch for a cross product regulation sum of money per unit of take = 7. 3 pounds bar price = $14. 45 per pound The avocation entropy push to trading operations concerning the product for the detain calendar calendar calendar calendar month actual materials purchased = 6,600 pounds literal cost of materials purchased = $91,740 genuine materials used in production = 5,900 pounds factual make = 1,000 units What is the materials mensuration variance for the month? (Points 4) $19,460 F $9,730 U $10,115 U $20,230 F 9. The followers materials standards claim been constituted for a finical product commonplace quantity per unit of rig = 4. 6 feet example price = $19. 25 per feet The next information r evive to operations concerning the product for the closing curtain month veridical materials purchased = 3,200 feet true cost of materials purchased = $63,200 real(a) materials used in production = 2,900 feet factual output signal signal = 800 units What is the materials price variance for the month? (Points 4) $15,405 F $5,775 U $5,925 U $1,600 U 10. The pursuit trade union movement standards live been launch for a contingent product banal aim instants per unit of output = 1. 5 hours measurement compass outrank = $17. 55 per hour The by-line data occupy to operations concerning the product for the be month Actual hours worked = 5,300 hours Actual total labor cost = $94,340 Actual output = 3,600 units What is the labor rate variance for the month? (Points 4) $1,325 U $1,780 F $430 F $430 U