A company manufactures two joint products, P and R, in a common proces

1.A company makes a single product and incurs fixed costs of $30,000 per month. Variable cost per unit is $5 and each unit sells for $15. Monthly sales demand is 7,000 units. The breakeven point in terms of monthly sales units is:（）选项： A:2,000 units B:3,000 units C:4,000 units D:6,000 units

2.Johal Manufacturing Inc. manufacturers two products, A and B, and is comparing the budget for the current year with the actual results. The firm budgeted for sales of Product A at 450,000 units, and sales for Product B at 300,000 units. The expected market for Johal’s products was 10%. The selling price was budgeted at $8.00 per unit for Product A and $14.00 per unit for Product B, with variable costs of $5.00 for A and $7.00 for B. Fixed costs of $420,000 were incurred. Actual sales for the year for Product A were 460,000 units, and actual sales for Product B were 305,000 units. The total industry sales were 9,000,000 units. The actual selling price per unit for Product A was $8.20, and the variable costs were $4.90. The actual selling price per unit for Product B was $14.50, and the variable costs were $7.25. What is the market share variance for Johal’s products?选项： A:$621,000 U; B:$621,000 F; C:$658,800 U; D:$658,800 F

3. Each quarter Sioux Company produces 30,000 units of a product that has variable costs of $60 per unit. Total fixed costs for the quarter are $990,000. A special order is received for 1,000 units at a price of $77 per unit. In deciding to accept or reject this special order, it is appropriate to consider the: 选项： A、 a. old fixed cost per unit of $33.00 B、 b. difference between the offered price and the variable cost per unit C、 c. new fixed cost per unit of $31.94 D、 d. difference between the two fixed costs per unit, which is $1.06

4.1.A manutacturing company which produces a range of products has developed a budget for the life cycle of a new product, P. The information in the following table relates exclusively to product P: Lifetime total Per unit Design costs $800.00 Direct manutacturing costs $20 Depreciation costs $500.000 Decommissioning costs $20,000 Machine hours 4 Production and sales units 300,000 The company's total fixed production overheads are budgeted to be $72 million each year and total machine hours are budgeted to be 96 million hours. The company absorbs overheads on a machine hour basis. What is the budgeted life-cycle cost per unit for product P?（）选项： A:

$24.40

B:

$25.73

C:

$27.40

D:

$22.73

5.A company wishes to minimize the inventory costs. Order costs are $10 per order and holding costs are $0.1 per unit per month. It estimates that the annual demand will be 5,400 units. What is the economic quantity ( to the nearest whole unit)? 选项： A: 330; B:300; C: 400; D: 450

6.A company allocates joint costs between products using the physical weight method. Which TWO of the following information will be required in order to perform the allocation? 选项： A、The quantity produced of each product B、The quantity sold of each product. C、The selling price of each product. D、The total joint costs of the production process. E、The quantity of extra materials added to each product after the joint process

7.200 items of inventory bought at $15 per unit were remaining in the warehouse on the balance sheet date. 10 units were found to be damaged. The sales manager estimated that the good items can be sold at $16 per unit, but needs an advertisement of $450. The value of the closing inventory is :选项： A:$3,000; B:$2,750; C:$2,590; D:$3,200

8.29) The contribution margin per unit is equal to the: 选项： A:A) sales price per unit minus the total costs per unit. B:B) variable cost per unit minus the fixed cost per unit. C:C) sales price per unit minus the variable cost per unit. D:D) pretax profit per unit. E:E) aftertax profit per unit.

9. Corrugated Company currently produces cardboard boxes in an automated process. Expected production per month is 50,000 units. The required direct materials cost is $0.30 per unit. Manufacturing fixed overhead costs are $24,000 per month. Manufacturing overhead is allocated based on units of production. __________ is the budgeted manufacturing fixed overhead rate. 选项： A、 $2.08 per unit B、 $0.30 per unit C、 $0.48 per unit D、 None of these answers is correct.

10.An organisation manufactures a single product. The total cost of making 4,000 units is $20,000 and the total cost of making 20,000 units is $40,000. Within this range of activity the total fixed costs remain unchanged.What is the variable cost per unit of the product?选项： A:$0.80; B:$1.20; C:$1.25; D:$2.00

11.Sumter Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month: Work in process, beginning: Units in process 6,000 Percent complete with respect to materials 60 % Percent complete with respect to conversion 20 % Costs in the beginning inventory: Materials cost $ 78,200 Conversion cost $ 3,600 Units started during the month ? Units completed and transferred out during the month 70,000 Costs added to production during the month: Materials cost $ 286,600 Conversion cost $ 216,000 Work in process, ending: Units in process 8,000 Percent complete with respect to materials 75 % Percent complete with respect to conversion 25 % What was the cost per equivalent unit for conversion during the month? 选项：A、$5.45B、$6.95C、$4.00D、$3.05

12.Which are most likely as the decentralization of company warehouses is increased?__()___ 选项： A、transport costs increase;
inventory costs and costs of lost sales increase B、transport costs and cost of
lost sales increase; inventory costs decrease C、transport costs and inventory
costs decrease; cost of lost sales increase D、transport costs and cost of lost sales decrease; inventory costs increase

13.Pet Products Company uses an automated process to manufacture its pet replica products. For June, the company had the following activities: Beginning work in process inventory4,500 items, 1/4 completeUnits placed in production15,000 unitsUnits completed17,500 unitsEnding work in process inventory2,000 items, 3/4 complete Cost of beginning work in process$5,250Direct material costs, current$16,500Conversion costs, current$23,945 Direct materials are placed into production at the beginning of the process and conversion costs are incurred evenly throughout the process. Required: Prepare a production cost worksheet using the FIFO method.

14.A company produces a certain food item in a manufacturing process. On 1 November, there was no opening inventory of work in process. During November, 500 units of material were input to the process, with a cost of $9,000. Direct labour costs in November were $3,840. Production overhead is absorbed at the rate of 200% of direct labour costs. Closing inventory on 30 November consisted of 100 units which were 100% complete as to materials and 80% complete as to labour and overhead. There was no loss in process. What is the full production cost of completed units during November? 选项：A、$10,400 B、$16,416 C、$16,800 D、$20,520

15.[单选题] organisation manufactures a single product. The total cost of making 4,000 units is $20,000 and the total cost of making 20,000 units is $40,000. Within this range of activity the total fixed costs remain unchanged. What is the variable cost per unit of the product? A 1.2 B 0.8 C 2 D 1.25

16.What is the inventory carrying cost (cost per unit per year) under the information below: average daily demand 10 units; lead time 2 days; product cost 250 dollar per unit; annual cost of capital 30%; ordering cost 500 dollars; days per year 250

17.A company produces a certain food item in a manufacturing process. On 1 November,there was no opening inventory of work in process. During November, 500 units of materialwere input to the process, with a cost of $9,000. Direct labor costs in November were $3,840.Production overhead is absorbed at the rate of 200% of direct labor costs. Closing inventoryon 30 November consisted of 100 units which were 100% complete as to materials and 80%complete as to labor and overhead. There was no loss in process.What is the full production cost of completed units during November? （）选项： A:$10,400 B:$16,416 C:$16,800 D:$20,520

18.1. If the relationship between production costs and output is connected by the linear relationship Y=100X +40,000, What is 100? 选项： A、The number of units produced B、The total production costs C、The fixed production costs D、The variable cost per unit

19.Which of the following best describes the concept of a break-even point for an organisation?选项： A:The volume of unit sales at which total revenue = total costs B:The volume of unit sales where fixed costs = variable costs C:The point at which the price of a product = fixed costs D:The volume of unit sales at which total revenue = marginal cost

20.In order to calculate break-even sales units, fixed costs are divided by the: 选项： A、Contribution margin per unit. B、Contribution margin percentage. C、Target operating income. D、Sales volume.

21.During 2018, Smart Electronics, SE, which began business in August of that year, purchased 10,000 units of a microchip at a cost of $250 per unit in August. The microchip sold well in August. In anticipation of heavy sales in the last four months of 2018, SE purchased 50,000 additional units at the beginning of September at a cost of $265 per unit. During 2018, SE managed to sell a total of 22,000 units at a price of $299 per unit. Under the first-in, first-out (FIFO) method, what is SE’s cost of goods sold for 2018? 选项： A: $5,650,000 B: $5,680,000 C: $5,830,000