1、1 Usually,the wages of the janitorial staff in a factory would:A)not be considered as indirect labor but would be included in manufacturing overhead.B)be classified as indirect labor but would not be included in manufacturing overhead.C)be classified as indirect labor and included in manufacturing o
2、verhead.D)not be classified as indirect labor and not be included in manufacturing overhead.2 The company estimates that 16,000 direct labor and 106,000 machine hours will be worked during the year.If overhead is applied on the basis of direct labor hours,the predetermined overhead rate per direct l
3、abor hour will be:A)$7.00.B)$13.88.C)$15.26.D)$17.12.3 Which of the following statements is(are)true?A)Companies that produce many different products or services are more likely to use job-order costing systems than process costing systems.B)Job-order costing systems are used by service firms and pr
4、ocess costing systems are used by manufacturing firms.C)Costs are traced to departments and then allocated to units of product when job-order costing is used.D)All of the above.4 In a job-order cost system,indirect materials costs would be recorded as a debit to:A)Finished Goods.B)Manufacturing Over
5、head.C)Raw Materials.D)Work in Process.5 In a job order cost system,the use of direct materials would be recorded as a debit to:A)Finished Goods inventory.B)Manufacturing Overhead.C)Raw Materials inventory.D)Work in Process inventory.6 Duffy Companys predetermined overhead rate is based on direct la
6、bor costs.The companys Work in Process inventory account has a balance of$2,400,which relates to the one job that was in process at the end of an accounting period.The related job cost sheet includes total charges of$400 for direct materials and$1,000 for direct labor.The companys predetermined over
7、head rate,as a percentage of direct labor costs,must be:A)100%.B)50%.C)40%.D)17%.7 Sergent Company uses the weighted-average method in its process costing system.The following data for the Baking Department were taken from the companys accounting records:The equivalent units of production for conver
8、sion costs were:A)200,000 units.B)204,000 units.C)222,000 units.D)224,000 units.8The Nevada Company uses the weighted-average method in its process costing system.There were 108,000 equivalent units of production with respect to conversion costs during the current month.There were 15,000 units in th
9、e departments beginning work in process inventory,which were two-thirds complete with respect to conversion costs.During the current month,105,000 units were started.During the current month,100,000 were completed and transferred out of the department.The ending work in process inventory in the depa
10、rtment:A)was 40%complete with respect to conversion costs.B)was 65%complete with respect to conversion costs.C)consisted of 5,000 units.D)consisted of 10,000 units.9 Which of the following statements is(are)true?A)A manufacturer of paper would ordinarily use process costing rather than job-order cos
11、ting.B)If a company uses a process costing system it accumulates costs by processing department rather than by job.C)The output of a processing department must be homogeneous in order to use process costing.D)All of the above are true statements.10 Which costs will change with an increase in activit
12、y within the relevant range?A)Total fixed costs and total variable cost.B)Per unit fixed costs and total variable cost.C)Per unit variable cost and per unit fixed cost.D)Per unit fixed cost and total fixed cost.11 Using absorption costing,a unit of product includes what costs?A)Direct materials,dire
13、ct labor,and fixed overhead.B)Direct materials,direct labor,and variable overhead.C)Direct materials,direct labor,variable overhead,and fixed overhead.D)Only direct materials and direct labor.12 Advantages of variable costing include which of the following?A)Data that are required for CVP analysis c
14、an be take directly from the contribution margin format income statement.B)All things being equal,profit for the period is not affected by changing inventories.C)Profits tend to move in the same direction as sales.D)All of the above.13 Which of the following statements is(are)true?A)Activity-based c
15、osting uses a number of activity cost pools,each of which is allocated to products on the basis of direct labor-hours.B)Activity rates in activity-based costing are computed by dividing costs from the first-stage allocations by the activity measure for each activity cost pool.C)An activity-based cos
16、ting system is generally easier to implement and maintain than traditional costing system.D)One of the goals of activity-based management is the elimination of waste by allocating costs to products that waste resources.14 Persand Company has two products:A and B.The annual production and sales level
17、 of Product A is 9,094 units.The annual production and sales level of Product B is 15,826.The company uses activity-based costing and has prepared the following analysis showing the estimated total cost and expected activity for each of its three activity cost pools:The overhead cost per unit of Pro
18、duct A under activity-based costing is closest to:A)$1.83.B)$1.98.C)$5.00.D)$10.00.15 When there are batch-level or product-level costs,in comparison to a traditional cost system,an activity-based costing system ordinarily will shift costs from:A)High-volume to low-volume products.B)Low-volume to high-volume products.C)Specialized to standardized products.D)Standardized to specialized products.
