quiz-ma8-3en

Management Accounting, Chapter 8, Set 3

The following data for items 1-10

Meditation Co., Ltd. manufactures and sells only one type of product. As of the beginning of 2025, there will be no inventory. During the year, 60,000 units were produced and 58,000 units were sold at a price of 200 baht per unit. The unit cost and total cost (annual cost) are as follows: Baht

Direct Material	60
Direct labor cost per unit	40
Variable manufacturing overhead cost per unit	30
Variable operating cost per unit 10	10
Total fixed manufacturing overhead cost	1,200,000
Total fixed operating cost	3000,000

1. What is the cost of goods sold? (absorption costing)

฿7,500,000 ฿8,120,000 ฿8,700,000 ฿8,990,000 None of the above responses is correct.

2. What is the operating income? (absorption costing)

฿2,020,000 ฿1,900,000 ฿1,780,000 ฿1,660,000 None of the above responses is correct.

3. What is the ending cost of finished goods inventory? (absorption costing)

฿310,000 ฿260,000 ฿280,000 ฿300,000 None of the above responses is correct.

4. What is the cost of goods sold? (variable costing)

฿7,500,000 ฿8,700,000 ฿8,120,000 ฿8,990,000 None of the above responses is correct.

5. What is the contribution margin? (variable costing)

฿4,060,000 ฿3,480,000 ฿3,670,000 ฿3,860,000 None of the above responses is correct.

6. What is the operating income? (variable costing)

฿2,110,000 ฿1,980,000 ฿1,850,000 ฿1,720,000 None of the above responses is correct.

7. What is the ending cost of finished goods inventory? (variable costing)

฿310,000 ฿300,000 ฿280,000 ฿260,000 None of the above responses is correct.

8. What is the throughput contribution? (throughput costing)

฿4,060,000 ฿5,800,000 ฿8,120,000 ฿3,480,000 None of the above responses is correct.

9. What is the operating income? (throughput costing)

฿1,980,000 ฿1,840,000 ฿1,720,000 ฿985,000 None of the above responses is correct.

10. What is the ending cost of finished goods inventory? (throughput costing)

฿120,000 ฿200,000 ฿220,000 ฿250,000 None of the above responses is correct.