DOWNLOAD THE Test Bank for Managerial Accounting 17th Edition Garrison
h h h h h h h h h
Managerial Accounting 17th Edition by Garrison CH01
h h h h h h
ANSWERS ARE LOCATED IN THE SECOND PART OF THIS DOCUMENT
h h h h h h h h h
ESSAY.hWritehyourhanswerhinhthehspacehprovidedhorhonhahseparatehsheethofhpaper.
1) DoboshhCorporationhhashprovidedhthehfollowinghinformation:
Costhperh Costhperh
Unit Period
Directhmaterials $h7.05
Directhlabor $h3.65
Variablehmanufacturing overhead $h1.60
Fixedhmanufacturinghoverhead $h113,400
Saleshcommissions $h1.50
Variablehadministrativehexpense $h0.55
Fixedhsellinghandhadministrative expense $h36,450
Required:
a. Forhfinancialhreportinghpurposes,hwhathishthehtotalhamounthofhproducthcostshincurredhtohmakeh9
,000hunits?
b. Forhfinancialhreportinghpurposes,hwhathishthehtotalhamounthofhperiodhcostshincurredhtohsellh9
,000hunits?
c. Ifh10,000hunitsharehsold,hwhathishthehvariablehcosthperhunithsold?
d. Ifh10,000hunitsharehsold,hwhathishthehtotalhamounthofhvariablehcostshrelatedhtohthehunitshsold?
e. Ifh10,000hunitsharehproduced,hwhathishthehtotalhamounthofhmanufacturinghoverheadhcosthi
ncurred?
f. Ifhthehsellinghpricehish$21.60hperhunit,hwhathishthehcontributionhmarginhperhunithsold?
g. Ifh8,000hunitsharehproduced,hwhathishthehtotalhamounthofhdirecthmanufacturinghcosthincurred?
h. Ifh8,000hunitsharehproduced,hwhathishthehtotalhamounthofhindirecthmanufacturinghcostshi
ncurred?
i. Whathincrementalhmanufacturinghcosthwillhthehcompanyhincurhifhithincreaseshproductionhfromh9
,000htoh9,001hunits?
Versionh1 1
mynursytest.store
,DOWNLOAD THE Test Bank for Managerial Accounting 17th Edition Garrison
h h h h h h h h h
Managerial Accounting 17th Edition by Garrison CH01
h h h h h h
QuestionhDetails
AACSBh:hAnalyticalhThinkingh
AICPAh:hBBhCriticalhThinkingh
AICPAh:hFNhMeasurementhBl
oom'sh:hApply
Typeh:hStatichDiffi
cultyh:h1hEasy
Accessibilityh:hKeyboardhNavigationhAcc
essibilityh:hScreenhReaderhCompatible
LearninghObjectiveh:h01-
01hUnderstandhcosthclassificationshusedhforhassigninghcostshtohcosthobjects:hLearninghObjectiveh:h01-
03hUnderstandhcosthclassificationshusedhtohpreparehfinancialhstatements:hprodhLearninghObjectiveh:h01-
02hIdentifyhandhgivehexampleshofheachhofhthehthreehbasichmanufacturinghcosthchLearninghObjectiveh:h01-
04hUnderstandhcosthclassificationshusedhtohpredicthcosthbehavior:hvariablehcohLearninghObjectiveh:h01-
05hUnderstandhcosthclassificationshusedhinhmakinghdecisions:hrelevanthcostshahLearninghObjectiveh:h01-
06hPreparehincomehstatementshforhahmerchandisinghcompanyhusinghthehtraditionahTopich:hCosthClassificati
onshforhAssigninghCostshtohCosthObjects
Topich:hCosthClassificationshforhDecisionhMaking
Topich:hCosthClassificationshforhManufacturinghCompanieshTo
pich:hCosthClassificationshforhPredictinghCosthBehaviorhTopich:h
CosthClassificationshforhPreparinghFinancialhStatements
Topich:hUsinghDifferenthCosthClassificationshforhDifferenth Purposes
2) SaxburyhCorporation'shrelevanthrangehofhactivityhish3,000hunitshto 7,000hunits.hWhenhit
produceshandhsellsh4,200hunits,hitshaveragehcostshperhunitharehashfollows:
AveragehCosthper
Unit
Directhmaterials $h6.60
Directhlabor $h3.40
Variablehmanufacturinghoverhead $h1.40
Fixedhmanufacturinghoverhead $h4.50
Fixedhsellinghexpense $h0.65
Fixedhadministrativehexpense $h0.50
Saleshcommissions $h0.40
Variablehadministrativehexpense $h0.40
Versionh1 2
mynursytest.store
,DOWNLOAD THE Test Bank for Managerial Accounting 17th Edition Garrison
h h h h h h h h h
Managerial Accounting 17th Edition by Garrison CH01
h h h h h h
Required:
a. Forhfinancialhreportinghpurposes,hwhathishthehtotalhamounthofhproducthcostshincurredhtohmakeh4
,200hunits?
b. Forhfinancialhreportinghpurposes,hwhathishthehtotalhamounthofhperiodhcostshincurredhtohsellh4
,200hunits?
c. Ifh5,200hunitsharehsold,hwhathishthehvariablehcosthperhunithsold?h(Roundh"Perhunit"hanswerhtoh2
hdecimalhplaces.)
d. Ifh5,200hunitsharehsold,hwhathishthehtotalhamounthofhvariablehcostshrelatedhtohthehunitshsold?
e. Ifh5,200hunitsharehproduced,hwhathishthehaveragehfixedhmanufacturinghcosthperhunithproduced?
(Roundh"Perhunit"hanswerhtoh2hdecimalhplaces.)
f. Ifh5,200hunitsharehproduced,hwhathishthehtotalhamounthofhfixedhmanufacturinghcosthincurred?
g. Ifh5,200hunitsharehproduced,hwhathishthehtotalhamounthofhmanufacturinghoverheadhcosthincurred
?hWhathishthishtotalhamounthexpressedhonhahperhunithbasis?h(Roundh"Perhunit"hanswerhtoh2hdecima
lhplaces.)
h. Ifhthehsellinghpricehish$24.10hperhunit,hwhathishthehcontributionhmarginhperhunithsold?h(Roundh"
Perhunit"hanswerhtoh2hdecimalhplaces.)
i. Ifh3,200hunitsharehproduced,hwhathishthehtotalhamounthofhdirecthmanufacturinghcosthincurred?
j. Ifh3,200hunitsharehproduced,hwhathishthehtotalhamounthofhindirecthmanufacturinghcosthincurred?
k. Whathincrementalhmanufacturinghcosthwillhthehcompanyhincurhifhithincreaseshproductionhfromh4
,200htoh4,201hunits?h(Roundh"Perhunit"hanswerhtoh2hdecimalhplaces.)
Versionh1 3
mynursytest.store
, DOWNLOAD THE Test Bank for Managerial Accounting 17th Edition Garrison
h h h h h h h h h
Managerial Accounting 17th Edition by Garrison CH01
h h h h h h
QuestionhDetails
AACSBh:hAnalyticalhThinkingh
AICPAh:hBBhCriticalhThinkingh
AICPAh:hFNhMeasurementhBl
oom'sh:hApply
Accessibilityh:hKeyboardhNavigationhAcc
essibilityh:hScreenhReaderhCompatiblehDiff
icultyh:h2hMedium
LearninghObjectiveh:h01-
01hUnderstandhcosthclassificationshusedhforhassigninghcostshtohcosthobjects:hLearninghObjectiveh:h01-
03hUnderstandhcosthclassificationshusedhtohpreparehfinancialhstatements:hprodhLearninghObjectiveh:h01-
02hIdentifyhandhgivehexampleshofheachhofhthehthreehbasichmanufacturinghcosthchLearninghObjectiveh:h01-
04hUnderstandhcosthclassificationshusedhtohpredicthcosthbehavior:hvariablehcohLearninghObjectiveh:h01-
05hUnderstandhcosthclassificationshusedhinhmakinghdecisions:hrelevanthcostshahLearninghObjectiveh:h01-
06hPreparehincomehstatementshforhahmerchandisinghcompanyhusinghthehtraditionahTypeh:hAlgorithmic
Topich:hCosthClassificationshforhAssigninghCostshtohCosthObjectsh
Topich:hCosthClassificationshforhDecisionhMaking
Topich:hCosthClassificationshforhManufacturinghCompanieshTo
pich:hCosthClassificationshforhPredictinghCosth BehaviorhTopich:h
CosthClassificationshforhPreparinghFinancialhStatements
Topich:hUsinghDifferenthCosthClassificationshforhDifferenthPurposes
3) SaxburyhCorporation'shrelevanthrangehofhactivityhish3,000hunitshtoh7,000hunits.hWhenhit
produceshandhsellsh5,000hunits,hitshaveragehcostshperhunitharehashfollows:
AveragehCosthper
Unit
Directhmaterials $h5.30
Directhlabor $h3.65
Variablehmanufacturinghoverhead $h1.50
Fixedhmanufacturinghoverhead $h3.90
Fixedhsellinghexpense $h0.75
Fixedhadministrativehexpense $h0.60
Saleshcommissions $h0.50
Variablehadministrativehexpense $h0.50
Versionh1 4
mynursytest.store
h h h h h h h h h
Managerial Accounting 17th Edition by Garrison CH01
h h h h h h
ANSWERS ARE LOCATED IN THE SECOND PART OF THIS DOCUMENT
h h h h h h h h h
ESSAY.hWritehyourhanswerhinhthehspacehprovidedhorhonhahseparatehsheethofhpaper.
1) DoboshhCorporationhhashprovidedhthehfollowinghinformation:
Costhperh Costhperh
Unit Period
Directhmaterials $h7.05
Directhlabor $h3.65
Variablehmanufacturing overhead $h1.60
Fixedhmanufacturinghoverhead $h113,400
Saleshcommissions $h1.50
Variablehadministrativehexpense $h0.55
Fixedhsellinghandhadministrative expense $h36,450
Required:
a. Forhfinancialhreportinghpurposes,hwhathishthehtotalhamounthofhproducthcostshincurredhtohmakeh9
,000hunits?
b. Forhfinancialhreportinghpurposes,hwhathishthehtotalhamounthofhperiodhcostshincurredhtohsellh9
,000hunits?
c. Ifh10,000hunitsharehsold,hwhathishthehvariablehcosthperhunithsold?
d. Ifh10,000hunitsharehsold,hwhathishthehtotalhamounthofhvariablehcostshrelatedhtohthehunitshsold?
e. Ifh10,000hunitsharehproduced,hwhathishthehtotalhamounthofhmanufacturinghoverheadhcosthi
ncurred?
f. Ifhthehsellinghpricehish$21.60hperhunit,hwhathishthehcontributionhmarginhperhunithsold?
g. Ifh8,000hunitsharehproduced,hwhathishthehtotalhamounthofhdirecthmanufacturinghcosthincurred?
h. Ifh8,000hunitsharehproduced,hwhathishthehtotalhamounthofhindirecthmanufacturinghcostshi
ncurred?
i. Whathincrementalhmanufacturinghcosthwillhthehcompanyhincurhifhithincreaseshproductionhfromh9
,000htoh9,001hunits?
Versionh1 1
mynursytest.store
,DOWNLOAD THE Test Bank for Managerial Accounting 17th Edition Garrison
h h h h h h h h h
Managerial Accounting 17th Edition by Garrison CH01
h h h h h h
QuestionhDetails
AACSBh:hAnalyticalhThinkingh
AICPAh:hBBhCriticalhThinkingh
AICPAh:hFNhMeasurementhBl
oom'sh:hApply
Typeh:hStatichDiffi
cultyh:h1hEasy
Accessibilityh:hKeyboardhNavigationhAcc
essibilityh:hScreenhReaderhCompatible
LearninghObjectiveh:h01-
01hUnderstandhcosthclassificationshusedhforhassigninghcostshtohcosthobjects:hLearninghObjectiveh:h01-
03hUnderstandhcosthclassificationshusedhtohpreparehfinancialhstatements:hprodhLearninghObjectiveh:h01-
02hIdentifyhandhgivehexampleshofheachhofhthehthreehbasichmanufacturinghcosthchLearninghObjectiveh:h01-
04hUnderstandhcosthclassificationshusedhtohpredicthcosthbehavior:hvariablehcohLearninghObjectiveh:h01-
05hUnderstandhcosthclassificationshusedhinhmakinghdecisions:hrelevanthcostshahLearninghObjectiveh:h01-
06hPreparehincomehstatementshforhahmerchandisinghcompanyhusinghthehtraditionahTopich:hCosthClassificati
onshforhAssigninghCostshtohCosthObjects
Topich:hCosthClassificationshforhDecisionhMaking
Topich:hCosthClassificationshforhManufacturinghCompanieshTo
pich:hCosthClassificationshforhPredictinghCosthBehaviorhTopich:h
CosthClassificationshforhPreparinghFinancialhStatements
Topich:hUsinghDifferenthCosthClassificationshforhDifferenth Purposes
2) SaxburyhCorporation'shrelevanthrangehofhactivityhish3,000hunitshto 7,000hunits.hWhenhit
produceshandhsellsh4,200hunits,hitshaveragehcostshperhunitharehashfollows:
AveragehCosthper
Unit
Directhmaterials $h6.60
Directhlabor $h3.40
Variablehmanufacturinghoverhead $h1.40
Fixedhmanufacturinghoverhead $h4.50
Fixedhsellinghexpense $h0.65
Fixedhadministrativehexpense $h0.50
Saleshcommissions $h0.40
Variablehadministrativehexpense $h0.40
Versionh1 2
mynursytest.store
,DOWNLOAD THE Test Bank for Managerial Accounting 17th Edition Garrison
h h h h h h h h h
Managerial Accounting 17th Edition by Garrison CH01
h h h h h h
Required:
a. Forhfinancialhreportinghpurposes,hwhathishthehtotalhamounthofhproducthcostshincurredhtohmakeh4
,200hunits?
b. Forhfinancialhreportinghpurposes,hwhathishthehtotalhamounthofhperiodhcostshincurredhtohsellh4
,200hunits?
c. Ifh5,200hunitsharehsold,hwhathishthehvariablehcosthperhunithsold?h(Roundh"Perhunit"hanswerhtoh2
hdecimalhplaces.)
d. Ifh5,200hunitsharehsold,hwhathishthehtotalhamounthofhvariablehcostshrelatedhtohthehunitshsold?
e. Ifh5,200hunitsharehproduced,hwhathishthehaveragehfixedhmanufacturinghcosthperhunithproduced?
(Roundh"Perhunit"hanswerhtoh2hdecimalhplaces.)
f. Ifh5,200hunitsharehproduced,hwhathishthehtotalhamounthofhfixedhmanufacturinghcosthincurred?
g. Ifh5,200hunitsharehproduced,hwhathishthehtotalhamounthofhmanufacturinghoverheadhcosthincurred
?hWhathishthishtotalhamounthexpressedhonhahperhunithbasis?h(Roundh"Perhunit"hanswerhtoh2hdecima
lhplaces.)
h. Ifhthehsellinghpricehish$24.10hperhunit,hwhathishthehcontributionhmarginhperhunithsold?h(Roundh"
Perhunit"hanswerhtoh2hdecimalhplaces.)
i. Ifh3,200hunitsharehproduced,hwhathishthehtotalhamounthofhdirecthmanufacturinghcosthincurred?
j. Ifh3,200hunitsharehproduced,hwhathishthehtotalhamounthofhindirecthmanufacturinghcosthincurred?
k. Whathincrementalhmanufacturinghcosthwillhthehcompanyhincurhifhithincreaseshproductionhfromh4
,200htoh4,201hunits?h(Roundh"Perhunit"hanswerhtoh2hdecimalhplaces.)
Versionh1 3
mynursytest.store
, DOWNLOAD THE Test Bank for Managerial Accounting 17th Edition Garrison
h h h h h h h h h
Managerial Accounting 17th Edition by Garrison CH01
h h h h h h
QuestionhDetails
AACSBh:hAnalyticalhThinkingh
AICPAh:hBBhCriticalhThinkingh
AICPAh:hFNhMeasurementhBl
oom'sh:hApply
Accessibilityh:hKeyboardhNavigationhAcc
essibilityh:hScreenhReaderhCompatiblehDiff
icultyh:h2hMedium
LearninghObjectiveh:h01-
01hUnderstandhcosthclassificationshusedhforhassigninghcostshtohcosthobjects:hLearninghObjectiveh:h01-
03hUnderstandhcosthclassificationshusedhtohpreparehfinancialhstatements:hprodhLearninghObjectiveh:h01-
02hIdentifyhandhgivehexampleshofheachhofhthehthreehbasichmanufacturinghcosthchLearninghObjectiveh:h01-
04hUnderstandhcosthclassificationshusedhtohpredicthcosthbehavior:hvariablehcohLearninghObjectiveh:h01-
05hUnderstandhcosthclassificationshusedhinhmakinghdecisions:hrelevanthcostshahLearninghObjectiveh:h01-
06hPreparehincomehstatementshforhahmerchandisinghcompanyhusinghthehtraditionahTypeh:hAlgorithmic
Topich:hCosthClassificationshforhAssigninghCostshtohCosthObjectsh
Topich:hCosthClassificationshforhDecisionhMaking
Topich:hCosthClassificationshforhManufacturinghCompanieshTo
pich:hCosthClassificationshforhPredictinghCosth BehaviorhTopich:h
CosthClassificationshforhPreparinghFinancialhStatements
Topich:hUsinghDifferenthCosthClassificationshforhDifferenthPurposes
3) SaxburyhCorporation'shrelevanthrangehofhactivityhish3,000hunitshtoh7,000hunits.hWhenhit
produceshandhsellsh5,000hunits,hitshaveragehcostshperhunitharehashfollows:
AveragehCosthper
Unit
Directhmaterials $h5.30
Directhlabor $h3.65
Variablehmanufacturinghoverhead $h1.50
Fixedhmanufacturinghoverhead $h3.90
Fixedhsellinghexpense $h0.75
Fixedhadministrativehexpense $h0.60
Saleshcommissions $h0.50
Variablehadministrativehexpense $h0.50
Versionh1 4
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