ASSIGNMENT SESI 2

NB :
1. Kumpulkan tepat waktu pada Jumat, 12 Nov 2021 ( 17.00 )
2. Jangan lupa tulis nama, NIM, kelas.

Latihan Soal:

Multiple Choices
1. Product cost under absorption costing is generally:
a. higher than product cost under variable costing.
b. lower than under product cost under variable costing.
c. equal to product cost under variable costing.
d. sometimes higher and sometimes lower than product cost under variable costing.

2. When production is equal to sales, which of the following is true?

a. Net income under absorption costing is equal to net income under variable costing.
b. Net income under absorption costing is higher than net income under variable costing.
c. Net income under absorption costing is lower than net income under variable costing.
d. Cannot be determined.

3. Which of the following is an advantage of variable costing?

a. Data required for CVP analysis can be taken directly from a contribution format
income statement.
b. Under variable costing, the profit for a period is not affected by changes in inventories.
c. Variable costing net operating income is closer to net cash flow than absorption costing
net operating income.
d. All of the above are advantages of variable costing.

4. Using absorption costing, the cost of a unit of product consists of:

a. Direct materials, direct labor, and fixed overhead.
b. Direct materials, direct labor, and variable overhead.
 c. Direct materials, direct labor, variable overhead, and fixed overhead.
d. Direct materials and direct labor.

5. Using variable costing, the cost of a unit of product consists of:

a. Direct materials, direct labor, and fixed overhead.
b. Direct materials, direct labor, and variable overhead.
c. Direct materials, direct labor, variable overhead, and fixed overhead
d. Direct materials and direct labor.

6. Variable costing is also known as:

a. Indirect costing.
b. Direct costing.
c. Marginal costing.
d. Both (B) and (C)

7. Both (B) and (CWhich of the following statements is (are) false?

a. The only reason that absorption costing income differs from variable costing income is
that the methods account for fixed manufacturing overhead differently.
b. An absorption costing income statement categorizes costs by function.
c. Selling and administrative expenses amounts reported will be different on a variable
costing income statement than on an absorption costing income statement.
d. All of these statements are false.

8. Which of the following statements is (are) true?

a. Net operating income is not affected by an increase in ending inventory under
absorption costing.
b. Net operating income is not affected by an increase in ending inventory under variable
costing.
c. Both of the above statements are true.
d. Neither of the above statements is true.
Problems
LISA Company produces and sells handbags. Below are the information regarding the product
for two most recent years (2019 and 2020):
Selling Price per Unit $70
Manufacturing Costs:
Variable per Unit Produced:
Direct Materials $15
Direct Labor $10
Variable Overhead $5
Fixed per Year $150,000
Selling and Administrative Costs:
Variable per Unit Sold $8
Fixed per Year $100,000

2019 2020
Units in Beginning Inventory 0 2000
Units produced during the year 20,000 11,000
Units Sold during the year 18,000 13,000
Units in Ending Inventory 2000 0

Problem 1
Using the Absorption Costing method, please calculate Unit Product Cost for 2019 and 2020
Problem 2
Using the Absorption Costing method, please calculate the Income Statements for 2019 and
2020
Problem 3
Using the Variable Costing method, please calculate Unit Product Cost for 2019 and 2020
Problem 4
Using the Variable Costing method, please calculate the Income Statements for 2019 and 2020
Problem 5
Reconcile the Variable Costing and Absorption Costing
Jawaban :
Problem 1
2017 = $15 + $10 + $5 + $7,5 = $37,5
2018 = $15 + $10 + $5 + $13,64 = $43,64

Problem 2
2017 = 1.260.000 – 675.000 – 144.000 – 100.000 = 341.000
2018 = 910.000 – 555.000 – 104.000 – 100.000 = 151.000

Problem 3
$15 + $10 + $5 = $30

Problem 4
2017 = 1.260.000 - 540.000 – 150.000 – 144.000 – 100.000 = 341.000
2018 = 910.000 – 555.000 – 104.000 – 100.000 = 151.000

Problem 5
Satu - satunya perbedaan dari keduanya adalah perlakuan terhadap overhead pabrik tetap.
dimana, di bawah biaya penyerapan atas pabrik tetap diperlakukan sebagai biaya produk, tidak
seperti dalam biaya variabel. Diperlakukan sebagai biaya periode. seperti yang kita lihat, satu -
satunya perbedaan dari keduanya berasal dari persediaan 2.000 dan overhead pabrik tetap $7,5
per unit. $15.000 adalah perbedaan dari keduanya.