Cost Accounting: A Managerial Emphasis, 6e
Chapter 14 – Period Cost Allocation
11) Both fixed and variable costs are allocated according to capacity used. The fixed and variable costs
allocated to the Barbell Department are
A) $30,000 and $50,000, respectively.
B) $30,000 and $60,000, respectively.
C) $30,000 and $75,000 respectively.
D) $40,000 and $60,000, respectively.
E) $60,000 and $40,000, respectively.
12) Both fixed and variable costs are allocated according to capacity used. The fixed and variable costs
allocated to the Sauna Department are
A) $30,000 and $50,000, respectively.
B) $30,000 and $60,000, respectively.
C) $30,000 and $75,000 respectively.
D) $40,000 and $60,000, respectively.
E) $60,000 and $40,000, respectively.
13) An advantage to using budgeted usage, rather than actual usage, for the allocation base is that
A) GAAP/IFRS requires it for comparability to previous years.
B) variable costs are lower.
C) management does not have to be accountable for actual costs since the system only deals with
budgeted costs.
D) it is consistent with a short-run time horizon.
E) user divisions will know their allocated costs in advance.