UNIVERSITASINDONESIA
FAKULTAS EKONOMI DAN BISNIS
DEPARTEMEN AKUNTANSI
PROGRAM STUDI MAGISTER AKUNTANSI -
PENDIDIKAN PROFESI AKUNTANSI
KUIS PARALEL
SEMESTER GASAL TAHUN AKADEMIK 2020/2021
Mata Ajaran : Akuntansi Manajemen Lanjutan
Hari/Tanggal : Sabtu, 19 Desember 2020 pkl 11:00 WIB
Waktu / sifat : 48 Jam / Take Home
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1. Tuliskan Nama dan NPM Anda di lembar jawaban.
2. Convert jawaban menjadi file pdf dan konfirmasikan pada dosen Anda terkait pengumpulan
kuis ini.
3. Batas waktu pengumpulan adalah Senin, 21 Desember 2020 pkl 11:00 WIB.
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QUESTION 1 (25%)
Henry Company has established the following standards for the costs of one unit of its product. The
standard production overhead costs per unit are based on direct-labor hours. Calculation for standard per
unit cost is as follows:
Std Cost Std Qty Std Price/Rate
Direct Material $ 14.40 6.00 kg $ 2.40 per kg
Direct Labor $ 3.00 0.40 hour $ 7.50 per hour
Variable Overhead $ 4.00 0.40 hour $ 10.00 per hour
Fixed Overhead* $ 4.80 0.40 hour $ 12.00 per hour
Total $ 26.20
*based on practical capacity of 2,500 direct-labor hour per month
During December 2020, Henry purchased 30,000 kg of direct material at a total cost of $75,000. The total
wages for December were $20,000, 75% of which were for direct labor. Henry manufactured 4,500 units
of product during December 2020, using 28,000kg of the direct material purchased in December and
2,100 direct-labor hours. Actual variable and fixed overhead cost were $23,100 and $25,000, respectively.
The scheduled production for the month was 5,000 units.
Required:
Calculate the following variances for December 2020, indicate whether each is favorable or unfavorable,
and provide brief explanation of possible reasons for the related variances
1. The direct-material price variance
2. The direct-material usage variance
3. The direct-material purchase price variance
4. The direct-labor rate variance
5. The direct-labor efficiency variance
6. The Variable Overhead spending variance
7. The Variable Overhead efficiency variance
8. The Fixed Overhead spending variance
9. The Fixed Overhead volume variance
QUESTION 2 (25%)
Shown below is a segmented income statement for Hickory Company’s Kitchen Set
product lines:
Teflon Spatula Roaster Total
Sales Revenue $ 400,000 $ 200,000 $ 300,000 $ 900,000
Less: Variable Expenses 225,000 120,000 250,000 595,000
Contribution Margin $ 175,000 $ 80,000 $ 50,000 $ 305,000
Less Direct Fixed Expenses:
Machine Rent (5,000) (20,000) (50,000) (75,000)
Supervision (15,000) (10,000) (20,000) (45,000)
Depreciation (35,000) (10,000) (25,000) (70,000)
Segment Margin $ 120,000 $ 40,000 $ (45,000) $ 115,000
Refer to the information for Hickory Company above. Hickory’s management is deciding whether to keep
or drop the Roaster product line. Hickory’s parquet flooring product line has a contribution margin of
$50,000 (sales of $300,000 less total variable costs of $250,000). All variable costs are relevant. Relevant
fixed costs associated with this line include 80% of Roaster’s machine rent and all of Roaster’s
supervision salaries.
Required:
1. Would you recommend the company to drop the Roaster Product line? Support your answer with
appropriate computations.
2. There is additional information that the elimination of the Roaster line would result in a 20%
decrease in the sales of the Spatula line. Do you think the company should drop the Roaster line?
3. List other factors that Hickory should consider in deciding whether to drop the Roaster line (at
least 2 factors).
QUESTION 3 (25%)
The Showa Shoe Company has two divisions, Production and Marketing. Production manufactures
Showa shoes, which it sells to both the Marketing Division and to other retailers (the latter under a
different brand name). Marketing operates several small shoe stores in shopping centers. Marketing sells
both Showa and other brands.
Relevant facts for Production are as follows:
Production is operating far below its capacity.
Sales Price to Outsiders.............................................................$28.50 per Pair
Variable Cost to Produce...........................................................$18.00 per Pair
Fixed Costs ................................................................................$100,000 per Month
The following data pertain to the sale of Showa shoes by Marketing:
Marketing is operating far below its capacity.
Sales Price....................................................................................$40 per Pair
Variable Marketing Costs.............................................................$1 per Pair
The company’s variable manufacturing and marketing costs are differential to this decision, while fixed
manufacturing and marketing costs are not.
Required:
a. What is the type of responsibility center for Production and Marketing division?
b. What is the minimum price that can be charged by the Marketing Division for the shoes and still cover
the company’s differential manufacturing and marketing costs?
c. What is the appropriate transfer price for situation in (b)?
d. If the transfer price is set at $28.50, what effect will this have on the minimum price set by the
Marketing manager?
e. How would your answer to question (b) change if the Production Division was operating at full
capacity?
QUESTION 4 (25%)
Terry Inc. manufactures machine parts for aircraft engines. CEO Bucky Walters is considering an offer
from a subcontractor to provide 2,000 units of product OP89 for $120,000. If Terry does not purchase
these parts from the subcontractor, it must continue to produce them in-house with these costs:
Cost per unit
($)
Direct Materials 28
Direct Labor 18
Variable Overhead 16
Allocated Fixed Overhead 4
Required
1. What is the relevant cost to make the product internally?
2. What is the estimated increase or decrease in short-term operating profit of producing the product
internally versus purchasing the product from a supplier?
3. Which alternative is more attractive to Terry Inc, make or buy the machine parts?
4. What strategic considerations likely bear on this make vs buy decision? (at least 2 considerations)
---GOODLUCK--
