Midterm3Bus21Sp09.pdf

Midterm3Bus21Sp09.pdf - yaPSotJ A Managerial Accounting...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
yaPSotJ A Managerial Accounting Exam 3 Chapters 7r8r9 l. Which terms would make the following sentence true? Manufacturing companies that benefit the rnost from activity-based costing are those where overhead costs are a percentage of total product cost and where there rs A. low, little B. low, considerable C. high, little D. high, considerable diversity among the various products that they produce. 2. Parts administration is an example of a: A. Unit-level activity. B. Batch-level activity. C. Product-level activity. D - Or g.arization- sustaining. 3. Which of the following would be an acceptable measure of activity for a materiai handling activity cost pool? Number of Weight of material moves material moved A. Yes Yes B. No Yes C. Yes No D. No No 4. Leaper Corporation uses an activity-based costing system with the following three activity cost pools: Aotivity Cost Pool Total Aotivih, Fabrication 40,000 machine-hours Order processing ................ 200 orders Other. ........... .. Not applicable The Other activity cost pool is used to accumulate costs of idle capacity and organization-sustaining costs. The company has provided the following data conceming its costs: Waqesandsalaries.-. .... $360.000 Depreciation ... 140,000 Oooupancy. ..... 160.000 Total. ... $660.000 The distribution of resource consumption across activity cost pools is given below: Activity Cost Pools Order Fabrioation Prooessing Other Totai Wages and salaries. ...... 35o,/o 10o,/o 25o,/o 1000.,6 Depreoiation. 5!t'tt 55c'i: 40o,"o 100% Occupancy. ... 30orc '452o 25oh 100"/o The activity rate for the Order Processing activity cost pool is closest to: A. $1,485 per order B. $1,540 per order C. $1,465 per order D. $1,320 per order \\\st.r -'*11 ' o , I f t'j ,tr''; a
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
--'-T_- 5. Huelskamp Corporation has provided the followingdata concerning its overhead costs for the coming year: Wages and salaries. ...... $360,000 Depreoiation. ................ 120,000 Rent. ........ 180.000 Totai . ...................... ;... . $660*000 The company has an activity-based costing system with the following three activity cost pools and estimated activity for the coming year: Activity Cost PooI Total Aotirritv Assembly. .. 60,000 labor-hours Order processing 400 orders Other. ......... Not applicable The Other activity cost pool does not have a measure of activity; it is used to accumulate costs of idle capacity and organization-sustaining costs. The distribution of resource consumption across activity cost pools is given below: Total 100orir 100% 1OOoztr The activity rate for the Assem)ilf'activity cost pool is closest to: A. $2.65 per labor-hour Gi ,. B. $3.s5 ier labor-hour l'u '[0 -: C. $2.85 per labor-lrour \ S,u+, D.52.75 per labor-horu i '.i, .,,J , \-l I '")t' 5. Bennette Corporation has provided the following data concerning its overhead costs for the coming year: Wages and salaries. ...... $340.000 Depreoiation 120,000 Rent. ........ ,.. 140.000
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 10

Midterm3Bus21Sp09.pdf - yaPSotJ A Managerial Accounting...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online