Q.1
Which of the following is not a manufacturing cost category?
  • Cost of goods sold
  • Direct materials
  • Direct labour
  • Manufacturing overhead
Q.2
Which one of the following is an example of a period cost?
  • Purchases cost of raw materials on account
  • Workers' compensation insurance on factory workers' wages allocated to the factory
  • A box cost associated with computers
  • A manager's salary for work that is done in the corporate head office
Q.3
A manufacturing company calculates the cost of goods sold as follows: .....(FG = finished goods)
  • Beginning FG inventory + cost of goods purchased – ending FG inventory.
  • Ending FG inventory – cost of goods manufactured + beginning FG inventory.
  • Beginning FG inventory – cost of goods manufactured – ending FG inventory.
  • Beginning FG inventory + cost of goods manufactured – ending FG inventory.
Q.4
Both direct materials and indirect materials are..
  • raw materials.
  • manufacturing overhead.
  • merchandise inventory.
  • sold directly to customers by a manufacturing company.
Q.5
Which one of the following is not a cost element in manufacturing a product?
  • Manufacturing overhead
  • Direct materials
  • Office salaries
  • Direct labour
Q.6
Which one of the following is not a direct material?
  • A tire used for a lawnmower.
  • The plastic used in the covered case for a home PC.
  • The steel used in the manufacturing of steel-radial tires.
  • Lubricant for a ball-bearing joint for a large crane.
Q.7
Cotter pins and lubricants used irregularly in a production process are classified as..
  • miscellaneous expense.
  • direct materials.
  • indirect materials.
  • nonmaterial materials.
Q.8
Which of the following employees would not be classified as indirect labor?
  • Plant Custodian
  • Salesperson and assembler of wooden furniture
  • Plant security guard.
Q.9
When classified according to traceability to cost objective, the cost of raw materials is considered a:
  • Discretionary cost
  • Direct cost
  • Product cost
  • Committed cost
Q.10
Which one of the following is an example of a period cost
  • Workers’ compensation insurance on factory workers’ wages allocated to the factory
  • A box cost associated with computers
  • A manager’s salary for work that is done in the corporate head office
  • A change in benefits for the union workers who work in the New York plant of a Fortune 1000 manufacturer
Q.11
The work of factory employees that can be physically and directly associated with converting raw materials into finished goods is..
  • manufacturing overhead.
  • indirect materials.
  • indirect labour.
  • direct labour.
Q.12
The cost associated with the next unit or the next project or incremental cost associated with an additional project as opposed to the next discrete unit.
  • Out-of-pocket
  • Historical
  • Relevant
  • Marginal
  • Incremental
Q.13
Raw materials that can be conveniently and directly associated with a finished product are called materials overhead.
  • TRUE
  • FALSE
Q.14
is the same as 50100\frac{50}{100} . What is fifty percent as a decimal?
  • 1.5
  • 12\frac{1}{2}21​
  • 0.50
  • 0.2
Q.15
Prime Cost diperoleh dari :
  • DM + DL
  • DL + FOH
  • DM + FOH
  • DM + DL + FOH
Q.16
Berapakah Operating Income?Sales $10.000Cost of Good Manufactured $1.000Cost of Good Sold $1.000Product Cost $2.000Period Cost $3.000
  • $3.000
  • $4.000
  • $5.000
  • $6.000
  • $7.000
Q.17
Berapakah Cost of Goods Sold?Total product cost $5.000Work in Process 1 Jan $2.000Work in ProcessDec $1.000Finished Goods 1 Jan $1.000Finished GoodsDec $3.000
  • $2.000
  • $4.000
  • $6.000
  • $8.000
  • $10.000
Q.18
Hitung berapakah DM used?Data mengenai Direct Material selama bulan Januari 2020,saldo 1 Januari = $2.000pembelian selama Januari = $3.saldoDesember = $1.000
  • $3.000
  • $4.000
  • $5.000
  • $6.000
  • $7.000
Q.19
Hitung berapakah Total Product Cost ?Direct Material beginning $1.000Direct Material ending $500Direct Material used $2.500Direct Labor $500Factory Overhead $2.000
  • $4.500
  • $5.000
  • $3.000
  • $6.000
  • $6.500
Q.20
Conversion Cost (Biaya Konversi) diperoleh dari :
  • DM + DL
  • DL + FOH
  • DM + FOH
  • DM + DL + FOH
0 h : 0 m : 1 s