成本与管理会计期中考(附答案).doc

PARTⅠ. TRUE OR FALSE(1×20) 1. Actual costing uses the budgeted rate to allocate the indirect manufacturing costs. 2. Unfavorable variances has effect of increasing operating income. 3. Absorption costing “absorbs” only variable manufacturing costs. 4. Under both variable and absorption costing, all variable manufacturing costs are inventoriable costs. 5. A final product or service has only one cost driver. 6. In a master budget, the production budget is prepared based on the sale budget.. 7.If a company undercosts one of its products, then it will overcost at least one of its other products. 8. Cost drivers are usually expressed in dollars. 9. If the selling price per unit is $20 and the contribution margin percentage is 30%, then the variable cost per unit must be $6. 10. Cost objects may be jobs, products, or customers. 11. The actual costs are the costs that incurred before. 12. Cost of Goods Manufactured is just the Manufacturing cost. 13. Cost can be measured by dollars, yen, and euros, as well as other currencies. 14. Depreciation of assembly equipment is an example of a direct cost. 15. A merchandising company has direct materials inventory. 16. The contribution-margin format of the income statement is used with absorption costing. 17. Variable costing includes all variable costs — both manufacturing and nonmanufacturing — in inventory. 18. Activity-based costing helps identify various activities that explain why costs are incurred. 19. A final product or service has only one cost driver. 20. Knowing the proper relevant range is essential to properly classify costs. PARTⅡ. SINGAL CHOICE(2×20) 1. Variable costs: a. are always indirect costs b. increase in total when the actual level of activity increases c. include most personnel costs and depreciation on machinery d. can always be traced directly to the cost object 2. Within the relevant range, if there is a change in the level of the cost driver, then a. total fixed costs and total variable cost