CostAccounting_成本会计习题

1.Pet Products Company uses an automated process to manufacture
its pet replica products. For June, the company had the following
activities:
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.
2.The Sunshine Oil Company buys crude vegetable oil. Refining this oil
results in four products at the splitoff point: A, B, C,and D. Product C is
fully processed by the splitoff point. Products A, B, and D can individually
be further refined into Super A, Super B, and Super D. In the most
recent month (December), the output at the splitoff point was:
Computation of gross-margin percentages:
3.The Carvelli Company is a manufacturer of housewares and
uses standard costing. Manufacturing overhead (both variable
and fixed) is allocated to products on the basis of budgeted
machine-hours. The budget for 2007 included:
Variable manufacturing overhead $9 per machine-hour
Fixed manufacturing overhead $72,000,000
Denominator level 4,000,000 machine-hours
Suppose that 3,500,000 machine-hours were allowed for
actual output produced in 2007, but 3,800,000 actual
machine-hours were used. Actual manufacturing overhead
was $36,100,000, variable, and $72,200,000, fixed.
Compute (a) the variable manufacturing overhead spending
and efficiency variances and (b) the fixed manufacturing
overhead spending and production-volume variances
4
5.Madzinga’s Draperies manufactures curtains. A certain window requires the following:
Direct materials standard10 square yards at $5 per yard Direct manufacturing labor standard 5 hours at $10 During the second quarter, the company made 1,500 curtains and used 14,000 square yards of fabric costing $68,600. Direct labor totaled 7,600 hours for $79,800. Required:
a. Compute the direct materials price and efficiency variances for the quarter.
b. Compute the direct manufacturing labor price and efficiency variances for the quarter.。