114年 - 114 國立臺北大學_碩士班一般入學考試試題_會計學系：成本與管理會計學#146936

1. Answer each of the following independent questions, and show your computations if any. (25%)
(1) Kraven Corporation produced 1,000 units of a product in 2024 that required 25,000 pounds of material. The price for the material was $3 per pound in 2024 and $3.25 in 2023. Kraven's cost accountant has estimated that to produce the same 1,000 units in 2023 would have required 29,700 pounds of material. What was the cost effect of productivity for materials? (Use "F" to represent favorable variance and "U" to represent unfavorable variance).

(a) What are the estimated life-cycle revenues?

(b) What is the estimated life-cycle operating income for the first year?

(a) Actual price per square yard of direct materials.

(b) Actual quantity of jackets produced.

(c) Actual direct manufacturing labor hours worked.

(d) Standard direct manufacturing labor rate.

(e) Standard direct manufacturing labor hours per shirt.

(1) Coolman is a manufacturer of sportswear. It produces all of its products in one department. The company uses weighted-average method under the process costing system. The information for the current month is as follows:



Beginning work in process was half complete as to conversion. Direct materials are added at the beginning of the process. Factory overhead is applied at a rate equal to 50% of direct manufacturing labor. Ending work in process was 60% complete. All spoilage is normal and is detected at end of the process.

Requirement:

(a) Prepare a production cost worksheet if spoilage is recognized.

(b) Distinguish among spoilage, rework, and scrap.

(2) The NTPU Company manufactures tables. In March, the two production departments had budgeted allocation bases of 4,000 machine-hours in Assembly Department and 8,000 direct manufacturing labor-hours in Quality Control Department. The budgeted manufacturing overheads for the month were $57,500 and $62,500, respectively. For Job A, the actual costs incurred in the two departments were as follows:



Job A incurred 800 machine-hours in Assembly Department and 300 manufacturing labor-hours in Quality Control Department. The company uses a budgeted overhead rate for applying overhead to production.

Requirement:

(a) Prepare the necessary journal entries to summarize the March transactions for Assembly Department.
(b) Determine the total cost of Job A.

(2) What is the net present value of the project? (8%)

3. ELO Company is considering the purchase of new equipment that will reduce labor costs. ELO made the following estimates related to the new equipment:


Assume depreciation is calculated on a straight-line basis. All cash flows occur at the end of the year except for the initial investment amounts.

Required:

(1) What is the increase in the annual cash flow from investing the equipment? (8%)
(2) What is the net present value of the project? (8%)
(3) Calculate the accrual accounting rate of return based on average investment. (8%)

(1) Construct a linear programming model of Taipei's product mix problem. (8%)

(2) What is Taipei's optimal product mix? (8%)

(3) What are the shadow prices of A and B. (10%)