管理会计chapter 答案.docVIP

Practice and Quiz Eight 1．Standards that do not allow for machine breakdowns or other work interruptions and that require peak efficiency at all times are known as: A) budgeted standards.B) ideal standards.C) normal standards.D) practical standards. 2. The standard quantity allowed is computed by multiplying the: A) actual input in units by the standard output allowed. B) actual output in units by the standard input allowed. C) actual output in units by the standard output allowed. D) standard output in units by the standard input allowed. 3. Marseille Company, a clothing manufacturer, uses a standard costing system. Each unit of a finished product contains 2 yards of cloth. However, there is unavoidable waste of 25%, calculated on input quantities, when the cloth is cut for assembly. The cost of the cloth is $6 per yard. The standard direct material cost for cloth per unit of finished product is: A) $9.60.B) $12.00.C) $14.00.D) $15.00. 4. Lotus Company employs a standard cost system in which direct materials inventory is carried at standard cost. Lotus has established the following standards for the prime costs of one unit of product: Standard Quantity Standard Price Standard Cost Direct materials 12.0 pounds $ 7.00/pound $84.00 Direct labor 2.6 hours $22.00/hour 57.2 $141.20 During June, Lotus purchased 330,000 pounds of direct material at a total cost of $2,343,000. The total factory wages for June were $1,600,000, 90 percent of which were for direct labor. Lotus manufactured 25,000 units of product during June using 302,000 pounds of direct material and 64,000 direct labor hours. The price variance for the direct material acquired by the company during June is: A) $30,200 favorable.B) $30,200 unfavorable.C) $33,000 favorable.D) $33,000 unfavorable. 5. Lotus Company employs a standard cost system in which direct materials inventory is carried at standard cost. Lotus has established the following standards for the prime costs of one unit of product: Stan