1、管理会计作业costChapter 5: Cost Behavior and Cost-Volume-Profit Analysis5.1-1 The total manufacturing cost per unit increases as total production volume increases.Answer: False5.1-2 Total variable costs change in response to changes in the volume of production.Answer: True5.1-3 The mixed cost per unit is
2、constant throughout the relevant range of activity.Answer: False5.1-4 Fixed costs per unit decrease as production levels decrease.Answer: False5.1-5 A method used to separate mixed costs into fixed and variable components is called the high-low method. Answer: True5.1-6 The variable cost per unit is
3、 assumed to be constant within a particular relevant range of activity. Answer: True5.1-7 Least Squares Regression is a method used to combine the variable and fixed portions of mixed costs. Answer: False5.1-8 Which of the following costs changes in direct proportion to a change in volume? A) Averag
4、e mixed cost B) Total fixed cost C) Average variable cost D) Total variable cost Answer: D5.1-9 Which of the following is NOT a fixed cost? A) Property taxes B) Salary of plant manager C) Indirect materials D) Straight-line depreciation Answer: C5.1-10 A 15% increase in production will result in a 1
5、5% increase in: A) the variable cost per unit.B) total mixed costs. C) total manufacturing costs. D) total variable costs.Answer: D5.1-11 Which of the following statements is correct with respect to variable cost per unit, within the relevant range? A) They will increase as production decreases. B)
6、They will decrease as production decreases. C) They will remain the same as production levels change. D) They will decrease as production increases. Answer: C 5.1-12 Which of the following statements is correct with respect to total variable costs, within the relevant range? A) They will decrease as
7、 production increases. B) They will remain the same as production levels change. C) They will decrease as production decreases. D) They will increase as production decreases. Answer: C5.1-13 Which of the following statements is correct with respect to total fixed costs, within the relevantrange? A)
8、They will remain the same as production levels change. B) They will increase as production decreases. C) They will decrease as production decreases. D) They will decrease as production increases. Answer: A 5.1-14 Which of the following statements is correct with respect to fixed costs per unit? A) T
9、hey will increase as production decreases. B) They will decrease as production decreases. C) They will remain the same as production levels change. D) They will increase as production increases. Answer: A 5.1-15 Which of the following is a characteristic of a variable cost? A) Variable costs are var
10、iable per unit, and fixed in total. B) Variable costs vary in total with production and sales. C) Variable costs do not change in total over the relevant range. D) All of the above are characteristics of variable costs. Answer: B 5.1-16 Which of the following statements is NOT correct? A) The total
11、fixed cost is constant throughout the relevant range of activity.B) The breakeven point increases if variable costs increase.C) The margin of safety increases if fixed costs decrease.D) The mixed cost per unit is constant throughout the relevant range of activity.Answer: D5.1-17 Which of the followi
12、ng statements describes variable costs? A) They are fixed in total throughout the relevant range of activity. B) They decrease on a per unit basis as production volume increases. C) They vary on a per unit basis but do not vary in total as production changes. D) They are constant on a per unit basis
13、 but vary in total as production changes. Answer: D5.1-18 An electric bill for corporate headquarters is an example of what type of cost? A) Variable cost B) Conversion cost C) Fixed cost D) Mixed cost Answer: D5.1-19 The long distance company that you use charges $5.00 per month and $0.10 per minut
14、e per call. If your current bill is $25.00, how many minutes did you use? A) 250 minutes B) 100 minutes C) 200 minutes D) 150 minutes Answer: C5.1-20 Jenny was reviewing the water bill for her doggy day spa and determined that her highest bill, $3,000, occurred in July when she washed 2,000 dogs and
15、 her lowest bill, $2,000, occurred in November when she washed 1,000 dogs. What was the variable cost per dog wash associated with Jennys water bill? A) $.67 B) $1.00C) $0.50 D) $2.00 Answer: B 5.1-21 Jenny was reviewing the water bill for her doggy day spa and determined that her highest bill, $3,0
16、00, occurred in July when she washed 2,000 dogs and her lowest bill, $2,000, occurred in November when she washed 1,000 dogs. What was the fixed cost associated with Jennys water bill? A) $1,500 B) $3,000 C) $1,000 D) $2,000 Answer: C5.1-22 Dakota Company provides the following information about its
17、 single product:Targeted operating income$40,000Selling price per unit$3.50Variable cost per unit $1.05Total fixed costs$90,000 What is the contribution margin ratio? A) 0.70 B) 0.44 C) 0.56 D) 0.30 Answer: A5.1-23 Marino Companys average manufacturing cost was $5.40 when 50,000 units were manufactu
18、red and was $5.25 when 80,000 units were manufactured. How much was Marinos variable cost per unit?A) $5.25B) $5.00C) $5.40D) $5.32 Answer: B5.2-1 If a unit sells for $11.40 and has a variable cost of $3.80, its contribution margin per unit is $7.60. Answer: True5.2-2 When additional units are sold,
19、 the change in operating income is equal to the change in contribution margin.Answer: True5.2-3 Fixed costs divided by the contribution margin per unit equals the breakeven point in unit sales. Answer: True5.2-4 CVP analysis assumes that the only factor that affects costs is change in volume. Answer
20、: True5.2-5 Both the income statement approach and the contribution margin approach may be used for CVP analysis. Answer: True5.2-6 The breakeven point represents the minimum number of units a company must sell before it earns a profit. Answer: True 5.2-7 If all other factors are constant, an increa
21、se in fixed costs will increase the breakeven point. Answer: True5.2-8 Fixed costs divided by the contribution margin ratio equals the breakeven point in sales dollars. Answer: True5.2-9 If fixed expenses increase, both the breakeven point and the margin of safety increase. Answer: False5.2-10 The B
22、lack Corporation and the Blue Company both have a contribution margin ratio of 35%; therefore a $100,000 increase in sales will result in an equal increase in operating income for both companies. Answer: True5.2-11 Which of the following is a characteristic of a contribution margin income statement?
23、 A) Variable and fixed expenses are combined into total expenses. B) When variable costs are less than sales revenue, there is a positive contribution margin. C) The amount of gross margin is shown. D) Contribution margin is identified as the difference between sales revenue and total expenses. Answ
24、er: B5.2-12 Which of the following statements is correct? A) The contribution margin income statement can be used for external reporting purposes. B) The contribution margin income statement is relevant for managing a business operation. C) If a company has a positive contribution margin, its operat
25、ing income will also be positive. D) The contribution margin equals gross profit for most all firms. Answer: B5.2-13 The contribution margin is: A) gross margin minus variable expenses. B) sales revenues minus variable expenses. C) gross margin minus operating expenses. D) sales revenues minus manuf
26、acturing expenses. Answer: B 5.2-14 Pennell Company gathered the following information for the year ended December 31, 2009:Fixed costs:Manufacturing $165,000Marketing $52,000Administrative $24,000Variable costs:Manufacturing $113,000Marketing $39,000Administrative $48,000 During the year, Pennell p
27、roduced and sold 75,000 units of product at a sale price of $6.50 per unit. What is the contribution margin? A) $209,500 B) $287,500 C) $122,500 D) $246,500 Answer: B 5.2-15 Pennell Company gathered the following information for the year ended December 31, 2009:Fixed costs:Manufacturing $165,000Mark
28、eting $52,000Administrative $24,000Variable costs:Manufacturing $113,000Marketing $39,000Administrative $48,000 During the year, Pennell produced and sold 75,000 units of product at a sale price of $6.50 per unit. What is the operating income (loss)? A) $46,500 B) $18,500 C) ($28,500) D) $94,500 Ans
29、wer: A5.2-16 Canine Company produces and sells dog treats for discriminating pet owners. The unit selling price is $10, unit variable costs are $7, and total fixed costs are $3,300. How many dog treats must Canine Company sell to breakeven? A) 330 B) 471 C) 1,100 D) 194 Answer: C5.2-17 Canine Compan
30、y produces and sells dog treats for discriminating pet owners. The unit selling price is $10, unit variable costs are $7, and total fixed costs are $3,300. What is the breakeven point in sales dollars? A) $11,000 B) $4,714 C) $3,300 D) $7,700 Answer: A5.2-18 Fixed Company produces a single product s
31、elling for $30 per unit. Variable costs are $12 per unit and total fixed costs are $4,000. What is the contribution margin ratio? A) 1.67 B) 2.50 C) 0.40 D) 0.60 Answer: D5.2-19 If the sales price per unit is $7, the unit contribution margin is $3, and total fixed expenses are $19,500, what is the breakeven point in units? A) 2,786 B) 6,500 C) 5,850 D) 4,875 Answer: B5.2-20 If the sale price per unit is $24.50, the variable expen
