Accounting Chapter 18 Employee Involvement Important Effective Performance Measurement

Document Type
Test Prep
Book Title
Fundamentals of Cost Accounting 5th Edition
Authors
Michael Maher, Shannon Anderson, William Lanen
85.
The California Machining Co. has the following information for last year:
Feet of metal input
150,000
Labor hours
12,000
Tons of output produced
6,000
86.
The California Machining Co. has the following information for last year:
Feet of metal input
150,000
Labor hours
12,000
Tons of output produced
6,000
87.
The White Hot Mining Co. has the following information for last year:
Labor hours
12,000
Tons of output produced
175,000
88.
The Trundle Pass Mining Co. has the following information for last year:
112,000
1,575,000
89.
The Cave Springs Milling Co. has the following information for last year:
Material input
13,112,000
Yards of output produced
1,575,000
90.
The Alma Milling Co. has the following information for last year:
Material input
6,864,000
Yards of output produced
1,311,000
91.
The Fort Smith Co. has the following information for last year:
Material input
4,396,000
Labor hours
112,000
Yards of output produced
1,155,000
92.
The Fort Smith Co. has the following information for last year:
Material input
4,396,000
Labor hours
112,000
Yards of output produced
1,155,000
93.
Tungsten Forging Co. has provided the following information for last year:
Tons of metal
input
10,000
@ $10/ton
Labor hours
5,000
@ $30/hour
Overhead costs
$125,000
Tons of forging
produced
8,000
@ selling price of
$60/ton
The total factor productivity measure is:
94.
Toomey Toolworks Co. has provided the following information for last year:
Tons of metal
input
20,000
@ $15/ton
Labor hours
15,000
@ $30/hour
Overhead costs
$225,000
Tons of forging
produced
16,000
@ selling price of
$75/ton
95.
Prancing Products has provided the following information for last year:
Gallons input
10,000
@ $15/gallon
Labor hours
5,000
@ $20/hour
Overhead
costs
$125,000
Gallons
finished
8,000
@ selling price of
$55/gallon
96.
Sojourn Enterprises has provided the following information for last year:
Material costs
$225,000
Labor hours
$85,000
Overhead costs
$311,000
Product
produced
32,000
@ selling price of
$22/each
97.
Premier Products Co. has provided the following information for last year:
Material costs
$150,000
Labor hours
$45,000
Overhead costs
$117,000
Product
produced
8,000
@ selling price of
$45/each
98.
Moonlight Co. has provided the following information for last year:
Material costs
$300,000
Labor costs
$90,000
Overhead costs
$234,000
Product produced
16,000
units
Total factor productivity
1,154
99.
Magnum Co. has provided the following information for last year:
Gallons input
$20,000
@ $15/gallon
Labor costs
???
Overhead costs
$250,000
Gallons finished
16,000
@ selling price of
$55/gallon
Total factor
productivity
1.1733
100.
Walters Co. has provided the following information for last year:
Gallons input
???
Labor costs
10,000
@ $20/hr
Overhead costs
$250,000
Gallons finished
16,000
@ selling price of
$55/gallon
Total factor
productivity
1.1733
101.
Harringer Co. has provided the following information for last year:
Gallons input
10,000
@ $20/gallon
Labor costs
5,000
@ $20/hr
Overhead costs
???
Gallons finished
8,000
@ selling price of
$55/gallon
Total factor
productivity
1.0732
102.
Cavanaugh Co. has provided the following information for last year:
Gallons input
???
@ $20/gallon
Labor costs
5,000
@ $20/hr
Overhead costs
$110,000
Gallons finished
8,000
@ selling price of
$55/gallon
Total factor
productivity
1.0732
103.
Employee involvement is important in an effective performance measurement system
because it:
104.
Which of the following is not a difficulty in implementing nonfinancial performance
measurement systems?
Essay Questions
105.
The Miller Manufacturing Company collected the following information (in days) for April
and May.
April
May
Transporting product
2.0
3.0
Processing product
14.0
16.0
Inspecting product
0.5
0.8
Storing product
8.0
5.0

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