3. The company has 1,000 Daks on hand that have some irregularities and are therefore considered to be "seconds." Due to the irregularities, it will be impossible to sell these units at the normal price through regular distribution channels. What unit cost figure is relevant for setting a minimum selling price? Explain. (5%)

1. Compute the predetermined overhead rate for the year. Break the rate down into variable and fixed elements. (5%)

2. Prepare a standard cost card for the company's product; show the details for all manufacturing costs on your standard cost card. (5%)

3. Compute the standard direct labor-hours allowed for the year's production. (6%)

4. Determine the reason for any underapplied or overapplied overhead for the year by computing the variable overhead rate and efficiency variances and the fixed overhead budget and volume variances. (6%)

5. Suppose the company had chosen 65,000 direct labor-hours as the denominator activity rather than 60,000 hours. State which, if any, of the variances computed in (4) above would have changed, and explain how the variance(s) would have changed. No computations are necessary. (6%)

1. Prepare a schedule of expected cash collection for July, August, and September and for the quarter in total. (8%)

2. Prepare a cash budget, by month and in total, for the third quarter. (8%)

3. If the company needs a minimum cash balance of $20,000 to start each month, can the loan be required as planned? Explain. (8%)

1. The company currently applies manufacturing overhead to products using direct labor-hours as the allocation base. Using this traditional approach, compute the product margins for X100 and X200. (7%)

2. Management is considering an activity-based costing system and would like to know what impact this would have on product costs. Preliminary analysis suggests that under activity-based costing, a total of $1,000,000 in manufacturing overhead cost would be assigned to Model X100 and a total of $600,000 would be assigned to Model X200. In addition, a total of $150,000 in nonmanufacturing overhead would be applied to Model X100 and a total of $350,000 would be applied to Model X200. Using the activity-based costing approach, compute the product margins for X100 and X200.(7%)

110年 - 110 國立中央大學_碩士班招生考試_企業管理學系/工商管理丁組(一般生):管理會計學#103866