发帖
雷达卡
习题答案
Chapter 1
ManagerialAccounting and Cost Concepts
Questions
1-1 The three major types of product costs ina manufacturing company are direct materials, direct labor, and manufacturingoverhead.
1-2
a. Directmaterials are an integral part of a finished product and their costs can beconveniently traced to it.
b. Indirectmaterials are generally small items of material such as glue and nails. Theymay be an integral part of a finished product but their costs can be traced tothe product only at great cost or inconvenience.
c. Directlabor consists of labor costs that can be easily traced to particular products.Direct labor is also called “touch labor.”
d. Indirectlabor consists of the labor costs of janitors, supervisors, materials handlers,and other factory workers that cannot be conveniently traced to particularproducts. These labor costs are incurred to support production, but the workersinvolved do not directly work on the product.
e. Manufacturing overhead includes allmanufacturing costs except direct materials and direct labor. Consequently,manufacturing overhead includes indirect materials and indirect labor as wellas other manufacturing costs.
1-3 A product cost is any cost involved inpurchasing or manufacturing goods. In the case of manufactured goods, thesecosts consist of direct materials, direct labor, and manufacturing overhead. Aperiod cost is a cost that is taken directly to the income statement as anexpense in the period in which it is incurred.
1-4
a. Variable cost: The variable cost per unit is constant, but totalvariable cost changes in direct proportion to changes in volume.
b. Fixed cost: The total fixed cost is constant within the relevant range.The average fixed cost per unitvaries inversely with changes in volume.
c. Mixed cost: A mixed cost contains both variable and fixed costelements.
1-5
a. Unit fixed costs decrease as the activity level increases.
b. Unit variable costs remain constant as the activity level increases.
c. Total fixed costs remain constant as the activity level increases.
d. Total variable costs increase as the activity level increases.
1-6
a. Cost behavior: Cost behavior refers to the way inwhich costs change in response to changes in a measure of activity such assales volume, production volume, or orders processed.
b. Relevant range: The relevant range is the rangeof activity within which assumptions about variable and fixed cost behavior arevalid.
1-7 Anactivity base is a measure of whatever causes the incurrence of a variablecost. Examples of activity bases include units produced, units sold, letterstyped, beds in a hospital, meals served in a cafe, service calls made, etc.
1-8 Thelinear assumption is reasonably valid providing that the cost formula is usedonly within the relevant range.
提升卡
置顶卡
沉默卡
变色卡
抢沙发
千斤顶
显身卡
京公网安备 11010802022788号
