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
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