会计英语后题答案Answer for lesson5.docVIP

5.1 Select the best answer for each of the following unrelated items 1.A 2. A 3.D 4. B 5.C 6. D 7. B 0.20 x Prime cost = Direct labor0.20 x Prime cost = $13,000Prime cost = $65,000Prime cost = Direct materials + Direct labor$65,000 = Direct materials + $13,000Direct materials = $52,000 8. A 0.25 x Conversion costs = Direct labor0.75 x Conversion costs = Manufacturing overhead0.75 x Conversion costs = $45,000Conversion costs = $60,000Conversion costs = Direct labor + Manufacturing overhead$60,000 = Direct labor + $45,000Direct labor = $15,000 9.D 10. D 11.A 12. A 13.D 14. B 15.C 16. D 17. D Variable cost = Change in cost Change in activity= ($11,250 - $9,000) (11,000 - 8,000) = $0.75Fixed cost element = Total cost - Variable cost element= $11,250 - ($0.75 x 11,000) = $3,000Therefore, the cost formula for total shipping cost is $3,000 per period plus $0.75 per pound shipped, or Y = $3,000 + $0.75X.At an activity level of 9,000 pounds shipped, total cost is estimated to be:Y = $3,000 + ($0.75 x 9,000) = $9,750 18.C 19. D 20.C 5.2 A partial listing of costs incurred at Rust Corporation during August appears below: Direct materials $ 135,000 Utilities, factory $ 11,000 Sales commissions $ 69,000 Administrative salaries $ 101,000 Indirect labour $ 29,000 Advertising $ 94,000 Depreciation of production equipment $ 31,000 Direct labour $ 73,000 Depreciation of administrative equipment $ 40,000 Required: 1. What is the total amount of product cost listed above? Show your work.2. What is the total amount of period cost listed above? Show your work. Solution: 1. Product costs consist of direct materials, direct labor, and manufacturing overhead:? 5.3 Dinius Corporation has provided