Escolar Documentos
Profissional Documentos
Cultura Documentos
MAS by Cabrera
Chapter 1:
1. D 11. D 21. B 31. D 41. A 51. B
2. D 12. D 22. B 32. C 42. C 52. B
3. D 13. D 23. A 33. D 43. D 53. A
4. B 14. A 24. A 34. B 44. B 54. C
5. D 15. A 25. B 35. D 45. C 55. D
6. A 16. A 26. C 36. B 46. B 56. C
7. B 17. D 27. B 37. C 47. A 57. C
8. D 18. A 28. D 38. B 48. B 58. C
9. D 19. D 29. B 39. A 49. C 59. A
10. A 20. D 30. C 40. A 50. D 60. B
Chapter 2: Chapter 3:
11. B 21. A 31. B 1. D 11.B 21. B 31. B
12. A 22. B 32. C 2. D 12.C 22. C 32. D
13. D 23. C 33. C 3. D 13.D 23. A 33. D
14. A 24. D 4. B 14.A 24. B 34. D
15. D 25. A 5. A 15.D 25. A 35. C
16. A 26. A 6. B 16. A 26. D 36. A
17. C 27. B 7. D 17. A 27. B 37. A
18. B 28. C 8. C 18. B 28. B 38. C
19. D 29. B 9. B 19. C 29. D
20. B 30. A 10.C 20. C 30. C
Chapter 4:
1. D 11.A, C, D
2. A 12.B*
3. A 13.D
4. B
5. D
6. C
7. C
8. A
9. D
10.C
Chapter 5:
1. A 11.C 21.B 31.C 41. C
2. C 12.A 22.D 32.D
3. D 13.C 23.A 33.C
4. B 14.B 24.C 34.A
5. A 15.D 25.A 35.A
6. D 16.B 26.C 36.C
7. C 17.A 27.D 37.A
8. D 18.C 28.A 38.A
9. A 19.A 29.D 39.C
10.B 20.C 30.A 40.C
Chapter 6:
1. D 4. D 7. C 10. B
2. C 5. B 8. B 11. A
3. D 6. D 9. A 12. D
Chapter 7:
1. B 5. A 9. A 13. A 17. A 21. C
2. B 6. B 10. A 14. D 18. B 22. A
3. C 7. B 11. D * 15. C 19. C 23. B
4. D 8. B 12. C 16. A 20. D
* Controllable costs are those costs that can be influenced by a specified manager within a
given time period.
** The answer assumes absorption costing method is used.
Supporting Computations
14. P60 + P10 + P18 + P4 = P92 16. P60 + P10 + P18 + P32 = P120
15. P32 + P16 = P48 17. P4 + P16 = P20
Chapter 9:
1. A 11. C * 21. C 31. D 41. B
2. D 6. C * 22. D 32. B 42. D
3. B 7. C 23. C 33. A 43. C
4. A 8. A 24. A 34. B
5. B 9. D 25. D 35. A
6. B 10. C 26. B 36. D
7. C 11. D 27. D 37. B
8. D 12. B 28. B 38. C
9. C 13. C 29. A 39. B
10. A 14. C 30. D 40. D
* Supporting Computations:
11. (10,000 x 2) (P3,000 x 2) P5,000 = P9,000
12. [(P20 + P3 + P6) x 2,000 units] + (P10 x 1,000 units) = P68,000
Chapter 10:
1. D 6. D 11. A 16. A
2. D 7. A 12. D 17. D
3. D 8. C 13. B 18. A
4. C 9. C 14. D 19. C
5. D 10. B 15. C 20. D
Payments of Purchases
60% - month of purchase P874,368 P
952,77
6
40% - following month 582,91
2
Total (18) P1,535,6
88
(19) February
Cash
Gross Discount Net
Current months sales (with
discount) 35% P595,000 P11,900 P583,100
Current months sales
(without discount) 15% 255,000 0 255,000
Previous months sales
(with discount) 4.5% 67,500 1,350 66,150
Previous months sales
(without discount) 40.5% 607,50 607,50
0 0
P1,525,00 P13,250 P1,511,75
0 0
(25)Accounts Payable on February 28, 2005 will be the unpaid purchases in February - (75%
x P120,000) = P90,000.
Questions 26 to 29:
Schedule I
Chapter 16:
1. C 11. B 21. A 31. A 41. B
2. C 12. A 22. C 32. B 42. C
3. A 13. B 23. C 33. B 43. D
4. B 14. C 24. C 34. D 44. A
5. A 15. A 25. C 35. B 45. B
6. B 16. D 26. D 36. B
7. C 17. D 27. E 37. C
8. C 18. A 28. B 38. D
9. B 19. D 29. B 39. D
10. B 20. B 30. A 40. A
Chapter 17:
6. A 6. C 31. B 41. B 46. B
7. A 7. B 32. D 42. C 47. D
8. B 8. D 33. C 43. D 48. B
9. B 9. A 34. B 44. D 49. B
10. B 10. D 35. A 45. A 50. D
Chapter 18:
1. C 11. D 21. D 31. C
2. B 12. C 22. C 32. D
3. D 13. A 23. C 33. A
4. B 14. A 24. D 34. C
5. D 15. A 25. D 35. D
6. C 16. C 26. B 36. C
7. A 17. C 27. D 37. D
8. A 18. D 28. E 38. D
9. A 19. C 29. B
10. C 20. D 30. A
Chapter 19:
1. C 11. D 21. D 31. A
2. C 12. A 22. A 32. D
3. B 13. D 23. D 33. C
4. B 14. A 24. E 34. A
5. A 15. D 25. B 35. C
6. B 16. C 26. D
7. C 17. A 27. D
8. B 18. C 28. C
9. A 19. B 29. A
10. B 20. C 30. A
20. R S T
Sales (10,000 x P200,000 P200,000 P200,000
P20)
Less: Variable costs
R (P12 x 10,000) 120,000
S (P 8 x 10,000) 80,000
T (P 4 x 10,000) 40,00
0
Contribution margin P 80,000 P120,000 P160,000
21. R S T
Sales (P16 x P240,000 P240,000 P240,000
15,000)
Less: Variable costs
R (P12 x 15,000) 180,000
S (P 8 x 15,000) 120,000
T (P 4 x 15,000) 60,00
0
Contribution margin P 60,000 P120,000 P180,000
Less: Fixed costs 40,000 80,00 120,00
0 0
Operating income P 20,000 P 40,000 P 60,000
Chapter 20:
1. D 11. D 21. C 31. D
2. C 12. D 22. B 32. C
3. B 13. D 23. C 33. C
4. B 14. C 24. D 34. D
5. A 15. C 25. C 35. D
6. C 16. D 26. C 36. B
7. D 17. D 27. D 37. B
8. B 18. B 28. B 38. B
9. B 19. A 29. D 39. D
10. A 20. A 30. A 40. B
Chapter 23:
6. D 11. C
7. D 12. D
8. C 13. C
9. A 14. D
10. A 15. A
Chapter 24:
1. A 11. B 21. C 31. A
2. B 12. D 22. D 32. A
3. C 13. C 23. C 33. B
4. C 14. A 24. A 34. A
5. D 15. C 25. C 35. C
6. B 16. C 26. D 36. B
7. A 17. A 27. A 37. D
8. C 18. C 28. C
9. B 19. B 29. D
10. A 20. A 30. D
Chapter 25:
1. A 11. A 21. A
2. C 12. B 22. D
3. B 13. A 23. C
4. D 14. B 24. D
5. A 15. C
6. C 16. D
7. C 17. B
8. B 18. C
9. C 19. A
10. D 20. D
Supporting Computations:
Operational partial productivity
2005 2006
Input Partial Input Partial
Resourc Product Resourc Product
Output e Used ivity Output e Used ivity
X-45 60,000 75,000 0.8 64,000 89,600 0.7143
= =
(1)
Direc
t 60,000 10,000 = 6.0 64,000 10,847 = 5.9002
lab
or
Direc (3)
t 60,000 300,000 = 0.2 64,000 P347,104 0.1844
lab =
(4)
or
Total productivity in units
2005 2006
(a) Total units 60,000 64,00
manufactured 0
(b) Total variable
manufacturing costs incurred P840,000 P956,3
84
(c) Total productivity (a) 0.071429 (5) 0.066
(b) 919
(d) Decrease in 0.071429 0.0045
productivity 0.066919 = 1 (6)
Market Share
(13)
Product Product Total
A B
Budgeted sales unit 30,000 60,000 90,000
Budgeted contribution x x
margin per unit P4.00 P10.00
Budgeted total contribution P120,0 P600,0 P720,0
margin 00 00 00
Budgeted average
contribution margin per unit P8.00
(14)
Product Product Total
A B
Actual units sold 35,000 65,000
Budgets sales unit 30,000 60,000
Differences in sales units 5,000 5,000
Budgeted contribution
margin per unit x P4.00 x P10.00
Sales volume contribution
margin variance P20,000 F P50,000 F P70,000 F
Sales mixes:
Budgeted Actual
Unit % Unit %
Product A 30,00 1/3 35,00 35
0 0
Product B 60,00 2/3 65,0 65
0 00
TOTAL 90,00 100 100,0 100
0 00