LATIHAN I AKUNTANSI BIAYA VERSI A (LANGSUNG JAWAB PADA LEMBAR SOAL)

1. Expired costs are:

a. assets. 5. Which of the following costs remain constant in
total when the level of the activity driver varies?
b. expenses.
a. conversion costs
c. liabilities.
b. direct costs
d. losses.
c. fixed costs
e. revenues.
d. mixed costs
e. variable costs
Use the following information for Questions 2
through 4:
6. The item that corresponds to the variable cost
Sawmill Corp. started December with 500 units in
per unit of activity is the:
beginning finished goods. During the month, 4,000
a. activity variable.
units were produced, and 3,700 units were sold.
b. dependent variable.
Costs added during December were direct materials,
c. independent variable.
$2,000; direct labor, $400; and production overhead,
d. intercept parameter.
$1,400. Sales salaries totaled $1,200; administrative
e. slope parameter.
costs totaled $800. Inventory balances were as
follows:
7. Which of the following best describes the
Beginning work in process ............ $250 difference between the high-low method and
Beginning finished goods .............. 450 the scatterplot method?
Ending work in process ................. 600 a. The high-low method uses all of the activity
Ending finished goods ................... 690 points; the scatterplot method uses only
two points.
2. What is the cost of goods manufactured? b. The high-low method uses the high activity
a. $3,210 point and the low activity point; the
scatterplot method allows the user to select
b. $3,450
two points that better represent the
c. $3,800
relationship between activity and costs.
d. $5,450
c. The high-low method uses the coefficient of
e. $5,800 correlation; the scatterplot method uses the
coefficient of determination.
3. What is the cost of goods sold? d. The high-low method uses costs from the
a. $3,210 accounting records; the scatterplot method
b. $3,450 uses costs from the operating records.
c. $3,800 e. None of the above accurately describe the
d. $5,450 difference between the high-low method
e. $5,800 and the scatterplot method.

4. If each unit sold for $2.00, what would the 8. Which of the following is not an advantage of
absorption costing profit be? using the least squares method rather than the
a. $1,600 high-low method?
b. $1,950 a. The equation line is the best-fitting line to
c. $2,190 the data points.
d. $2,590 b. All of the data points, rather than just two
e. none of the above points, are used.
 c. A measure of the goodness of fit is selling, $5,600. Factory overhead was applied at
available. the rate of $25 per machine hour, and Job ICU2
d. Measures of the reliability of the resulting required 800 machine hours. If Job ICU2 resulted
line are available. in 7,000 good shirts, the cost of goods sold per
e. All of the above are advantages of the least unit would be:
squares method. a. $6.50.
b. $6.30.
9. Almost Company had setup costs totaling c. $6.00.
$265,000 when 2,750 setups were performed. d. $5.70.
When 3,500 setups were performed, setup costs e. $5.50.
totaled $310,000. Determine the fixed and
variable cost breakdown for setup costs.

Fixed Variable PROBLEM

a. $ (1,666.67) $ 16.67 Antz is a custom manufacturer of electronic circuit
b. 475,000.00 (60.00) boards. Antz develops bids for jobs based on an
c. 100,000.00 60.00 estimate of the materials needed and a labor
d. 12,000.00 92.00 estimate. Overhead is applied on the basis of direct
e. (12,000.00) 92.00 labor hours. A 15 percent profit margin is then
added to each job for the final bid. During Sept 2016,
10. Scooter Company had expected overhead of Antz had the following costs:
$100,000 when 25,000 labor hours were Materials $175,000
worked. During 20XX, there were 30,000 labor Labor (all direct) 25,000
hours worked and $115,000 in overhead
Overhead 250,000
resulted. If a normal costing system were used,
over- or underapplied overhead would be:
Antz has been given two jobs to bid on. Estimated
a. $15,000 underapplied.
materials and labor are as follows:
b. $5,000 underapplied. Job 1 Job 2
c. $0. Materials costs ........... $15,000 $50,000
d. $5,000 overapplied. Labor hours ................... 700 DLHs 600 DLHs
e. $15,000 overapplied.
1. Compute the predetermined overhead rate if
11. Danner Company expected overhead to be only direct labor hours are used. Assume a wage
$250,000 when material dollars were rate of $5 per hour.
$1,000,000. An underapplied overhead of $25,000 2. Prepare the bids price for each job. Assume a 15
resulted when actual overhead incurred totaled percent markup on costs.
$300,000. What was the dollar value of materials
actually used?
a. $1,000,000
b. $1,100,000
c. $1,200,000
d. $1,300,000
e. none of the above

12. Lucy Sportswear manufactures a specialty line of

T-shirts using a job-order costing system. During
March, the following costs were incurred in
completing Job ICU2: direct materials, $13,700;
direct labor, $4,800; administrative, $1,400; and