1. UMET companies over estimated indirect costs per 10,000, at the end of the year decides to correct the error by increasing the cost of goods sold and reducing gross profit. (a) Right (b) False. 2. The concept of the relevant range ("Relevant Range") is related to: (a) the total production costs of a year. (b) the need for capital required for one year. (c) the maximum and minimum time of the production cycle. (d) the levels at which the company normally operates without having to alter the behavior or composition of its costs. 5. In the chain of activities that add value (value chain) the order is: (a) Research and development (R&D), marketing, distribution, customer support, design and production, (b) Research and development (R&D), distribution, customer support, design, production, marketing, customer support. (c) Research and development (R&D), design, production, marketing, distribution, customer support. (d) none of the above. 6. Which of the following alternatives has the effect of reducing the number of units needed to achieve the break- even point? (a) Increase in the annual rent of the plant. (b) Increase in hourly wages. (c) Increase in the sale price of the product. (d) Increase in advertising expenses. 8. Laker's enterprises manufactures sportswear. Fabric, thread, buttons and zippers are required for each piece of clothing. The used thread is difficult to quantify and measure. The other materials are easy to identify and measure in terms of cost. Which alternative will be the most correct? (a) All materials used are considered direct. (b) The yarn is considered an indirect cost. (c) Fabric, buttons and zippers are considered direct. (d) alternatives b and c are correct. 9. Direct materials used in making a product are part of the cost of making that product only when: (a) the product is in the production process. (b) direct labor is added. (c) indirect costs are added. (d) the finished product is sold. 10. From the following statements, choose those that are correct when describing the activities that add value (value added) to the product or service: (a) contemplate the customer's point of view and perception. (b) of being absent in the product or service the client perceives a decrease or decrease in the quality of the product (c) they are represented by the costs incurred in the links of the chain of activities that add value. (Value chain activities) (d) All of the above. 11. The following statement (s) explain (s) the concept of marginal contribution (a) contributes to cover variable costs. (b) is the difference between sales and fixed costs. (c) the total marginal contribution is equal to the total fixed costs at the tie point. (d) has a behavior similar to the fixed cost. 12. The contributions on the property of the equipment of the administrative office are elements of: Conversion Costs Period Expenses (not that way (b) Yes Yes (C) No Yes (d) No No 13. Fixed costs for a product decrease and variable costs per unit decrease. What will be the effect on the Contribution Margin in dollars and the tie point in units, respectively? Contribution Margin Tie Point (a) Decrease Increase (b) Increase Decrease (c) Decrease Decrease 14. If a change occurs in the purchase price of part T-7, direct material used in production, then we can say that (a) total fixed costs change; variable costs per unit are kept constant. (b) total fixed costs remain constant; variable unit costs change. (c) total fixed costs and total variable costs change. (d) the total of fixed costs and the total of variable costs do NOT change. 15. To determine the cost of a product it is necessary to calculate the cost of actual direct materials, actual labor and estimated indirect costs, when we use normal costs. (a) Right. (b) False. 16. The safety margin represents: (a) the level of activity that is necessary to reach the equilibrium point. (b) the level of activity that exists before reaching the break-even point. (c) the level of activity that exists after reaching the equilibrium point. (d) It is calculated as product costs less expenses for the period. 17. Company COVID produces and sells soccer balls for $ 20.00. Total variable costs are $ 12.00 and the company reaches break even when it sells 100,000 balls. Which of the following is correct? (a) the total fixed costs are $ 800,000. (b) the total fixed costs are $ 1,200,000. (c) the marginal contribution rate is 60%. (d) the company has no fixed costs. 18. For a business that has already passed the break-even point, which of the following statements is false as a direct consequence of increasing the company's sales volume by 10% above the current level without exceeding the relevant production area? (a) Operating income (OI) will increase by 10% on this OI. (b) the total variable costs will increase by 10%. (c) the total marginal contribution will increase by 10%. (d) sales revenue will increase. 19. If in each stove that is manufactured it is necessary to install a piece with a unit cost of $ 20 and 400 stoves are manufactured, the cost of that piece is considered a material: (a) Direct and fixed. (b) Direct and variable. (c) Indirect and fixed. (d) Indirect and variable. 20. The Corona company has a product that sells for $ 50.00, a variable cost of $ 30 and total fixed costs of $ 400,000. Determine the break-even point at $. (a) $ 400,000 (b) 400,000 units. (c) $ 1,000,000. (d) 20,000 units. 21. Marvel Corp. sells a product for $ 10.00. The marginal contribution rate is 70%. The company needs to sell 100,000 units to reach break-even point. If the company sells 150,000 units, the operating income (profit before tax) will be: (a) $ 1,500,000. (b) $ 1,050,000. (c) $ 700,000. (d) $ 350,000. 22. The company sells a product for $ 10.00, has variable costs of $ 8.00 and fixed costs of $ 40,000. Determine the break-even point in units. (a) 5,000 units. (b) $ 50,000. (c) 20,000 units. (d) $ 200,000. 23. Activities as a basis for annotations (ABC) is a method of assigning to products. (a) direct material costs (b) direct labor costs (c) indirect manufacturing costs (d) research and development costs 24. Which of the following manufacturing operations is most likely to use a cost-per-order system in your accounting system? (a) Toys. (b) Cruise Ship Manufacturer. (c) Crude oil refinery, (d) Cell phones. 25. La Sombra, Inc. sells chairs for $ 90 each. The company receives a special order from a church that wants 1.000 chairs and offers to pay at the rate of S 60 per chair. La Sombra, Inc. incurs $ 40 of variable cost per unit in the production of the chairs. Assuming that La Sombra has sufficient capacity to produce the additional units and this sale does not affect its regular sales, how would the company's operating income be affected if it accepts this order? (a) Decrease operating income by S 20,000. (b) Increase operating income by $ 20,000. (c) Decrease operating income by S 50,000. (d) Increase operating income by $ 50,000. 26. The company sells a product for $5 and has an average marginal contribution of 60%, if it has fixed costs of S 120,000. Determine how many units must be sold to achieve the tie point. (a) $ 200,000 (b) 200,000 units. (c) 40,000 units. (d) $ 40,000. 27. Which of the following is not considered an Indirect Manufacturing Cost? (a) Indirect materials. (b) Factory water, electricity and telephone. (c) Costs of transportation of merchandise sold. (d) Depreciation of machinery used in the production area. 28. Raptors, Inc., increased the hourly wages paid to its employees. As a result, (a) the level of activity to reach the tie point will decrease. (b) the marginal contribution will decrease. (c) the level of activity to reach the tie point will not be affected. (d) the marginal contribution will not be affected. 29. Which of the following costs is classified as period cost? (a) Salary of the warehouse employee in charge of dispatching the merchandise being sold. (b) Salary paid to the assembly employee for the time he had to wait for the electricity to return. (c) Product construction materials. (d) Wages paid to employees who worked the damaged units. 30. Anything for which we need to capture information separate from your costs is defined as: (a) Cost target. (b) Variable cost. (c) Fixed cost. (d) Cost object 31. Which or which of the following are considered internal users? (to the employees. (b) the owners. (c) management (d) all of the above. 32. Management accounting provides and uses (a) financial information only. (b) historical information only. (c) a combination of financial information and non- financial information. (d) quantitative information only. 33. Which of the following costs increases the inventory of Work-in-process? (a) Cost of items sold. (b) Cost of direct materials purchased. (c) Administrative costs. (d) Cost of direct materials used. 34. Empresas Cosculluelas presents the following entry to the newspaper: Finished Items 188,800 Items in Process 188,800 The correct explanation for this entry in a company that uses Cost per Order is that Jobs were completed for S 188,800. (a) true. (b) false. 35. Which of the following is a period cost for a home builder? (a) The plumbers' wages. (b) Accident insurance policy during construction. (c) Depreciation of the furniture of the model houses. (d) Safety helmets of construction engineers. 36. Jurasic produces and sells scale dinosaur figures. Total variable costs per unit are $ 5.00. Total fixed costs are S 100,000. The company wants a net income of 90,000. Company taxes its income at 40%. If the company sells 100,000 units at what price should it sell. (a) $6.00 (b) S 6.90 (c) $ 7.50 (d) $ 8.00 37. The salary of the supervisor of a single assembly line of a factory will generally be classified as a cost: (a) variable and direct. (b) variable and indirect. (c) fixed and direct. (d) fixed and indirect. 38. Curry operates at breakeven when he sells 90,000 units. The company plans to sell 96,000 units. Which of the following would represent your safety margin? (a) 96,000 units (b) 10% of current units (c) 90,000 units (d) 6,000 units 34. Empresas Cosculluelas presents the following entry to the newspaper: Finished Items 188,800 Items in Process 188,800 The correct explanation for this entry in a company that uses Cost per Order is that Jobs were completed for S 188,800. (a) true. (b) false. 35. Which of the following is a period cost for a home builder? (a) The plumbers' wages. (b) Accident insurance policy during construction. (c) Depreciation of the furniture of the model houses. (d) Safety helmets of construction engineers. 36. Jurasic produces and sells scale dinosaur figures. Total variable costs per unit are $ 5.00. Total fixed costs are S 100,000. The company wants a net income of 90,000. Company taxes its income at 40%. If the company sells 100,000 units at what price should it sell. (a) $6.00 (b) S 6.90 (c) $ 7.50 (d) $ 8.00 37. The salary of the supervisor of a single assembly line of a factory will generally be classified as a cost: (a) variable and direct. (b) variable and indirect. (c) fixed and direct. (d) fixed and indirect. 38. Curry operates at breakeven when he sells 90,000 units. The company plans to sell 96,000 units. Which of the following would represent your safety margin? (a) 96,000 units (b) 10% of current units (c) 90,000 units (d) 6,000 units 39. Empresas Tu Pan produces and sells 1,000,000 pounds of bread monthly. Its variable costs are $ 0.50, this includes $ 0.10 of sellers commissions. Other variable administrative costs total $ 0.15. Its fixed costs per unit produced are $ 0.25 per month and $ 50,000 for administrative expenses per month. The fixed annual cost of this company will be: (a) $ 1,050,000 (b) $ 3,000,000. (c) S 3,600,000. (d) $ 300,000. 40. The ACCO Company is dedicated to the manufacture of Robots for housework. The costs incurred in May are presented below: Direct labor $ 20,000 Depreciation - Factory Equipment 5,000 Sales commissions 10,000 Directly used materials 60,000 Rental-sales office 20,000 Indirect labor 8,000 President salary 10,000 Light and water - manufactures 3,000 At the beginning of May there was no production in process. 100 robots were started and finished. What is the cost per unit of the Robot? (a) S 960 (b) $ 1,060 (c) S 1,260 (d) $ 1,360