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    Exercise Accounting Management (March 22' 2021)

    Uploaded by

    Hannah Sitompul
    The document contains 10 multiple choice questions about exercise accounting management. It provides information about costs, sales, production levels, and variances for different companies. It asks to calculate static budgets, flexible budgets, variances, contributions and other accounting metrics.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Exercise Accounting Management (March 22' 2021)

    Uploaded by

    Hannah Sitompul
    54 views3 pages
    The document contains 10 multiple choice questions about exercise accounting management. It provides information about costs, sales, production levels, and variances for different companies. It asks to calculate static budgets, flexible budgets, variances, contributions and other accounting metrics.

    Original Description:

    exce

    Original Title

    MARCH 222021 SOAL

    Copyright

    © © All Rights Reserved

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    The document contains 10 multiple choice questions about exercise accounting management. It provides information about costs, sales, production levels, and variances for different companies. It asks to calculate static budgets, flexible budgets, variances, contributions and other accounting metrics.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    54 views3 pages

    Exercise Accounting Management (March 22' 2021)

    Uploaded by

    Hannah Sitompul
    The document contains 10 multiple choice questions about exercise accounting management. It provides information about costs, sales, production levels, and variances for different companies. It asks to calculate static budgets, flexible budgets, variances, contributions and other accounting metrics.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    EXERCISE ACCOUNTING MANAGEMENT (March 22’ 2021)

    1. Pizza Company planned to produce 12,000 units. This level of activities


    required 40 set-ups at a cost of $18,000 plus $500 per set-up. Actual
    sales were 10,000 units, requiring 15 set-ups and 12,000 machine
    hours. Actual set-up cost was $26,000. _____ is the static budget
    amount for set-ups.

    2. Peppy Company planned to produce 12,000 units. This level of activities


    required 20 set-ups at a cost of $22,000 plus $500 per set-up. Actual
    sales were 10,000 units, requiring 15 set-ups and 12,000 machine
    hours. Actual set-up cost was $26,000. _____ is the flexible budget
    amount for set-ups.

    3. Ben Company planned to produce 12,000 units. This level of activities


    required 20 set-ups at a cost of $18,000 plus $500 per set-up. Actual
    sales were 10,000 units, requiring 15 set-ups and 12,000 machine
    hours. Actual set-up cost was $26,000. _____ is the static budget-
    variance for set-ups.

    4. Seinfeld Company planned to produce 12,000 units. This level of


    activities required 20 set-ups at a cost of $18,000 plus $500 per set-up.
    Actual sales were 10,000 units, requiring 15 set-ups and 12,000
    machine hours. Actual set-up cost was $26,000. _____ is the flexible-
    budget variance for set-ups.

    5. White Company planned to produce 12,000 units. Processing required 16,000


    machine hours at a cost of $15,000 + $12 per machine hour. Actual sales were
    14,000 units requiring 20,000 machine hours. Actual processing cost was
    $222,000. _____ is the static budget amount for processing.

    6. Pink Company planned to produce 12,000 units. Processing required 16,000


    machine hours at a cost of $15,000 + $10.50 per machine hour. Actual sales were
    14,000 units requiring 21,000 machine hours. Actual processing cost was
    $222,000. _____ is the flexible budget amount for processing.

    7. Following information pertains to the East Division of Saturn Company.:


    Net Sales $21,000
    Variable costs:
    Cost of merchandise sold 10,300
    Operating expenses 2,700
    Fixed costs:
    Controllable by segment manager 2,400
    Controllable by others 1,000
    Unallocated costs 600
    The contribution margin is_____.

    8. If the total sales-activity variance was $8,000 favorable, and the total
    static-budget variance was $10,000 favorable, then the total flexible-
    budget variance must have been:

    9. The following information pertains to the Upper Division of Yoko Co:


    Net Sales $21,000
    Variable costs:
    Cost of merchandise sold 7,200
    Operating expenses 2,700
    Fixed costs:
    Controllable by segment manager 2,400
    Controllable by others 1,000
    Unallocated costs 7,600
    The contribution by segment is _____.

    10. The following information pertains to the Southwest Territory of Sooner


    Company:
    Net Sales $5,250
    Variable costs:
    Cost of merchandise sold 1,200
    Operating expenses 450
    Fixed costs:
    Controllable by segment manager 600
    Controllable by others 1,250
    Unallocated costs 1,150
    The contribution controllable by a segment manager is _____.

    1.

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