管理学学习指导书解析.docVIP

CHAPTER 1 MANAGERIAL ACCOUNTING, THE BUSINESS ORGANIZATION, AND PROFESSIONAL ETHICS TRUE/FALSE: True True True False True False True MULTIPLE CHOICE: 1. [d] 2. [b] 3. [d] 4. [c] 5. [a] 6. [c] 7. [e] 8. [c] 9. [b] 10. [c] 11. [c] 12. [b] 13. [e] 14. [c] 15. [c] 16. [d] CHAPTER 2 INTRODUCTION TO COST BEHAVIOR AND COST-VOLUME RELATIONSHIPS TRUE/FALSE: False False True True False False False True MULTIPLE CHOICE: 1. [d] 2. [c] 3. [e] 4. [d] 5. [b] The CM per unit must be computed. In this case, it is $300 ($500,000 - $200,000)/1000 tables. Dividing the $60,000 fixed expenses by the $300 per unit CM gives 200 sets. 6. [b] Either multiplying the unit BEP by the unit selling price or by dividing the fixed expenses by the CM ratio. Using the first method, 200 tables multiplied by a price of $500 per table gives $100,000 of sales to break even. With the second method, $60,000 of fixed expenses divided by .60 ($300,000 CM/$500,000 Sales) also yields $100,000 to break even. 7. [d] 8. [d] 9. [d] Add the before-tax desired profit to the fixed expenses and divide the result by the CM per unit. In this case, $2,150,000 + $2,000,000 = $4,150,000 / ($3,500,000 / 1,500,000 cases) gives 1,778,572 cases. 10. [b] Divide the sum of the target before-tax income and the fixed expenses by the CM percentage. In this case that is $6,000,000 [$4,000,000 + $2,000,000] divided by .7777 [$3,500,000/$4,500,000] = $7,714,287. 11. [a] 12. [a] 13. [d] The CM ratios for the two products are 62.5% for A and 44.4% for B. When the sales mix shifts to products with lower CM ratios, profits decrease. 14. [b] 15. [d] To solve this problem it is necessary to convert the after-tax income desired to the before-tax income necessary. Dividing $2,000,000 by .70 (1 - tax rate) gives $2,857,143 in before-tax income required. Adding this to the $2,000,000 in fixed expenses yields a required contribution margin of $4,857,143. Us