costmanagmentaccountingandcontrol第十九章解答手册

costmanagmentaccountingandcontrol第十九章解答手册内容摘要：

219,000 Net ine ........................................................................ $ 74,200 Note that the underapplied variable overhead is simply the actual variable overhead of $77,000 minus the applied variable overhead of $72,000 ($6 433 12,000 direct labor hours). Note also that actual fixed factory overhead is charged on the ine statement, not applied fixed factory overhead. 19–5 Concluded 4. IA – IV = Fixed overhead rate (Production – Sales) $86,350 – $74,200 = $(24,000 – 21,300) $12,150 = $(2,700) $12,150 = $12,150 19–6 1. Unadjusted cost of goods sold = $304,600 – $3,000 = $301,600 Unit cost = $301,600/29,000 = $ Absorptioncosting ending inventory = 1,000 $ = $10,400 Variablecosting unit cost = $ per unit – $ per unit = $ Variablecosting ending inventory = 1,000 $ = $9,650 2. Snobegon, Inc. VariableCosting Ine Statement For the First Year of Operations Sales ..................................................................................................... $ 522,000 Less: Variable cost of goods sold ($ 29,000) .................. 279,850 Contribution margin ................................................................. $ 242,150 Less fixed expenses: Fixed overhead .......................................................................... (25,500)* Fixed selling and administrative expense .......................... (190,000) Net ine .......................................................................................... $ 26,650 *(30,000 $) + $3,000 = $25,500. IA – IV = Overhead rate (Production – Sales) $27,400 – $26,650 = $(30,000 – 29,000) $750 = $750 19–7 1. Carina’s labor and profit are embedded in the material prices quoted. For example, the food preparation includes numerous activities such as recipe selection, food purchase and preparation, transporting the food to the church, setting up the tables, serving and overseeing staff throughout the party, and 434 clean up. The rental of the dance floor includes finding and ordering the floor, picking it up and transporting it to the church, setting it up, tearing it down afterwards, and returning it. 19–7 Concluded 2. Carina will need to sit down with the Maria and Estefan and determine which features of the party are most important to them and which are less important. For example, perhaps instead of a sitdown dinner, they would accept a buffet, which would cost less and require less serving time. The open bar could be replaced by champagne punch and soft drinks. The party time could be reduced from seven hours mentioned by the Monteros to four hours. Finally, they could invite fewer people. 3. Carina should remind Mr. Montero that there are many activities involved in renting and setting up the dance floor. Her rental price for the dance floor includes finding and ordering the floor, picking it up and transporting it to the church, setting it up, tearing it down afterwards, and returning it. She might also suggest that he could rent it himself and handle all activities involved with the floor. 19–8 1. The minimum price per blanket that Stewart Fibers, Inc., could bid without reducing the pany’s ine is $24, calculated as follows: Raw material (6 pounds $) ........................ $ Direct labor ( hour $7)................................. Machine time ($10/blanket) .................................. Variable overhead ( hour $3) .................... Administrative cost ($2,500/1,000) ..................... Minimum bid price ........................................... $ 2. Using the fullcost criteria and the maximum allowable return specified, Stewart Fibers, Inc.’s bid price per blanket would be $, calculated as follows: Relevant costs (from Requirement 1) ............... $ Fixed overhead ( hour $8) ......................... Subtotal.............................................................. $ Allowable return (* $26) .............................. Bid price............................................................. $ *(1 – ) = . 435 19–8 Concluded 3. Factors that Stewart Fibers, Inc., should consider before deciding whether or not to submit a bid at the maximum acceptable price of $25 per blanket include the following: The pany should be sure there is sufficient excess capacity to fulfill the order and that no additional investment is necessary in facilities or equipment which would increase the fixed expense. If the order is accepted at $25 per blanket, there will be a $1 contribution per blanket to fixed costs. However, the pany should consider whether or not there are other jobs that would make a greater contribution. Acceptance of the order at the low price could cause problems with current customers who might demand a similar pricing arrangement. 19–9 1. Sales price variance = ($ – $)(1,400) = $1,820 U 2. Price volume variance = (1,400 – 1,450) $ = $715 U 3. This product looks like it might be entering the declining phase of the product life cycle. Both price and volume are below the budgeted amounts. This could, of course, be due to other factors as well. However, Lorraine’s managers should consider the decline possibility to allow for redesign of the product or introduction of a new product. 19–10 1. Product K: Actual volume = $5,600,000/$50 = 112,000 units Sales price variance = ($50 – $50)(112,000) = 0 Price volume variance = (112,000 – 110,000) $50 = $100,000 F Product M: Actual volume = $3,270,000/$20 = 163,500 units Sales price variance = ($20 – $20)(163,500) = 0 Price volume variance = (163,500 – 165,000) $20 = $30,000 U 436 19–10 Concluded Product P: Actual volume = $600,000/$10 = 60,000 units Sales price variance = ($10 – $20)(60,000) = $600,00。