ĐỀ KIỂM TRA GIỮA HỌC KỲ HỌC KỲ 1 - NĂM HỌC 2009 - 2010 Môn thi: Kế toán quản trị (Managerial Accounting) Mã môn học: KT302DV01 Thời lượng (không kể thời gian phát đề): 60 phút Không được tham khảo tài liệu Được sử dụng sách tự điển Anh-Việt, không sử dụng Kim tự điển Sinh viên làm bài trên đề thi Đề thi này có 6 trang Họ tên sinh viên: …………………………………………………. ………………………………………………… MSSV: ……………………………………… Lớp: …………………………………………. Chữ ký và họ tên cán bộ coi thi 1 Chữ ký và họ tên cán bộ coi thi 2 Chữ ký và họ tên giảng viên chấm thi Điểm thi Bằng số Điểm thi bằng chữ I. (45 marks): Require: Choose the best answer for these questions as below: 1. Cost-volume profit (CVP) analysis is a key factor in many decisions, including choice of product lines, pricing of products, marketing strategy, and use of productive facilities. A calculation used in a CVP analysis is the break-even point. Once the break-even point has been reached, operating income will increase by the: A) contribution margin per unit for each additional unit sold B) fixed cost per unit for each additional unit sold. C) variable cost per unit for each additional unit sold D) none of the above. 2. Break-even analysis assumes that: A) total revenue is constant. B) unit variable cost is constant. C) unit fixed cost is constant. D) all of the above. 3. Factory Energy currently is selling 8,000 vibroscope for $260 each. Variable costs on this product are $160 and fixed costs are $600,000. What is the company's margin of safety? A) 2,000 units B) 4,000 units 1/6 C) 6,000 units D) None of the above 4. The following information is taken from the accounting records of Jerry's Toys and relates to a wind-up toy produced by Jerry's Toys: Direct materials $12 Direct labor 8 Variable overhead 5 Fixed overhead 10 Unit cost $35 Fixed selling costs are $650,000 per year. Variable selling costs of $5 per unit sold are added to cover the transportation cost. Although production capacity is 400,000 units per year, Jerry's Toys expects to produce only 250,000 units next year. The product normally sells for $50 each. A customer has offered to buy 50,000 units for $40 each. The customer will pay the shipping company for the transportation charge on the units purchased. The relevant cost per unit associated with the special order is: A. $20 B. $25 C. $30 D. $35 5. Refer to question 4. If Jerry's Toys accepts the special order, the effect on income would be a: A. $1,000,000 increase B. $500,000 decrease C. $750,000 decrease D. $750,000 increase 6. A manager of the following type of center is typically responsible for production costing: A. Discretionary cost center B. Revenue center C. Standard cost center D. Investment center E. None of the above Use the following information to answer questions 7 - 8: 7. Tolla Beverages has two divisions, East and West, which share the common costs of the company's computer support. The cost of computer support is $6,000,000 a year. The following information is given: 2/6 What is the cost charged to the East if the allocation base is based on the number of help calls received? A. $2,500,000 B. $2,600,000 C. $3,400,000 D. $3,500,000 E. None of the above 8. What is the cost charged to the West if the allocation base is based on the total time on the network? A. $2,460,000 B. $2,640,000 C. $3,540,000 D. $3,450,000 E. None of the above 9. The Auto division of Fran Corporation has $250,000 in profits, while the Transportation Division has $500,000. Based on this information, which unit would have a better rate of return? A. Auto Division B. Insufficient information given to determine a preliminary decision. C. Fran Corporation D. Transportation Division ANSWER 1 2 3 4 5 6 7 8 9 II. (35 marks) The ESP Company produces two types of t-shirts, front design and wraparound design. For convenience we will call them products A and B. The company’s wholesale prices and relevant costs appear below: PRODUCT A B Sales Price Direct material Direct labor Variable overhead Manufacturing margin Variable Selling & Administration costs Contribution margin $2.00 .50 .10 .40 1.00 .60 .40 $4.00 1.00 .20 .80 2.00 1.00 1.00 Help Calls Time on Network (hours) East 2,600 16,400 West 3,400 23,600 3/6 Total Fixed Costs: Manufacturing $34,000 Selling & Administration $10,000 The budgeted sales mix in units is 80% product B and 20% product A. Required: 1) Find the break-even point in units of A and B based on the budgeted sales mix. 2) How many units of A and B would the firm need to produce and sell to earn budgeted net income of $79,200 after taxes? Assume a tax rate of 40%. 3) How many units of A and B would the firm need to produce and sell to earn an 11% budgeted return on sales dollars after taxes. III. (20 marks) Dynamic Products has an annual plant capacity to produce 60,000 units. Its predicted operations for the year follow: Sale revenue (50,000 units at $20 each) .$1,000,000 Manufacturing costs Variable $10 per unit Fixed .$250,000 Selling and administrative costs Variable (commissions on sales) $4 per unit Fixed .$50,000 Should the company accept a special order for 5,000 units at a selling price of $16 each, which is subject to half the usual sales commission rate per unit? Assume no effect on fixed costs or regular sales at regular prices. What is the effect of the decision on the company’s operating profit? The end 4/6 5/6 6/6 . ĐỀ KIỂM TRA GIỮA HỌC KỲ HỌC KỲ 1 - NĂM HỌC 2009 - 2010 Môn thi: Kế toán quản trị (Managerial Accounting) Mã môn học: KT302DV01 Thời. gian phát đề) : 60 phút Không được tham khảo tài liệu Được sử dụng sách tự điển Anh- Việt, không sử dụng Kim tự điển Sinh viên làm bài trên đề thi Đề thi này