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Cornerstones of Managerial Accounting
Canadian 2nd Edition Mowen Test Bank

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Chapter 8 - Absorption and Variable Costing, and Inventory Management
1. Which accounting method is used for external reporting?

a. absorption costing
b. variable costing
c. transfer price costing
d. responsibility costing
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 372
LEARNING OBJECTIVES: MACC.MOWE.15.8.1 - 8.1
NATIONAL STANDARDS: United States - AACSB Analytic
United States - IMA-Cost Management
KEYWORDS: Bloom's Higher order; classifying
2. Which of the following best defines variable costing?

a. a good way to value inventories for the balance sheet
b. a useful tool for external reporting purposes
c. not a useful tool for companies with multiple segments
d. a useful tool for management decision making
ANSWER: d
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 372
KEYWORDS: Bloom's Higher order; exemplifying
3. What is the primary difference between variable and absorption costing?

a. inclusion of fixed selling expenses in product costs
b. inclusion of variable factory overhead in period costs
c. inclusion of fixed selling expenses in period costs
d. inclusion of fixed factory overhead in product costs
ANSWER: d
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 372
United States - IMA-Decision Analysis
KEYWORDS: Bloom's Higher order; comparing
4. Which of the following costs is NOT included in inventory under absorption costing?
Copyright © 2015 Nelson Education Limited. 8-1

a. direct materials
b. direct labour
c. fixed selling expenses
d. fixed factory overhead
ANSWER: c
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 373
5. Which of the following types of costs is NOT included in product cost?

a. overhead
b. direct materials
c. variable selling expense
d. fixed factory overhead
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 373
6. Which of the following types of costs does NOT appear on a variable costing income statement?
a. direct materials
b. direct labour
c. opportunity cost
d. variable selling expense
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 375
7. Suppose production is less than sales volume. What is the relationship between net income under absorption costing
and profits when using variable-costing procedures?

a. Net income under absorption costing will be greater than net income when using variable costing.
b. Net income under absorption costing will be less than net income when using variable costing.
c. Net income under absorption costing will be equal to net income when using variable costing.
d. Net income under absorption costing will be randomly different from net income when using variable costing.
ANSWER: a
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 377
KEYWORDS: Bloom's Higher order; inferring
8. Suppose monthly production volume is constant and sales volume is less than production. How will net income react
when using variable-costing procedures?
a. It will be greater than net income determined using absorption costing.
b. It will be less than net income determined using absorption costing.
c. It will be equal to net income determined using absorption costing.
d. It will be equal to contribution margin per unit times units sold.
ANSWER: b
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 378
9. What is the general relationship between inventory values calculated using variable costing and inventory values
calculated using absorption costing?
a. They will be equal.
b. Inventory values calculated using variable costing will be less.
c. Inventory values calculated using variable costing will be greater.
d. Inventory values calculated using variable costing will be twice as much.
ANSWER: b
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 379
10. What is the relationship between absorption costing net income and variable costing net income?
a. Absorption costing net income exceeds variable costing net income when units produced and sold are equal.
b. Variable costing net income exceeds absorption costing net income when units produced exceed units sold.
c. Absorption costing net income exceeds variable costing net income when units produced are less than units
sold.
d. Absorption costing net income exceeds variable costing net income when units produced are greater than units
sold.
ANSWER: d
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 379
11. Gross margin is to absorption costing as which of the following is to variable costing?
a. gross profit
b. contribution margin
c. net income
d. territory margin
ANSWER: b
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 380
12. What are the two major costs associated with inventory assuming demand is known with certainty?
a. ordering costs and setup costs
b. setup costs and stockout costs
c. stockout costs and carrying costs
d. ordering costs and carrying costs
ANSWER: d
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 384
13. Which inventory cost can include insurance, inventory taxes, and obsolescence?
a. the ordering cost
b. the carrying cost
c. the stockout cost
d. the setup cost
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 384
14. Which inventory cost can include processing costs, cost of insurance for shipping, and unloading?
d. the setup cost
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 384
15. Which inventory cost can include lost sales, cost of expediting, and cost of interrupted production?
d. the setup cost
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 384
16. Which of the following is NOT a traditional reason for carrying inventory?
a. to satisfy customer demand

b. to avoid shutting down manufacturing facilities
c. to support a reliable production process
d. to hedge against future price increases
ANSWER: c
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 385
17. What is the formula to calculate ordering cost?

a. number of orders per year × cost of placing an order
b. number of orders per year / cost of placing an order
c. average number of units in inventory × cost of carrying one unit in inventory
d. average number of units in inventory / cost of carrying one unit in inventory
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 384
18. What is the formula to calculate total carrying cost?

a. number of orders per year × cost of placing an order
b. number of orders per year/cost of placing an order
c. average number of units in inventory × cost of carrying one unit in inventory
d. average number of units in inventory/cost of carrying one unit in inventory
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 384
19. What is the economic order quantity (EOQ)?

a. the quantity that minimizes total ordering cost
b. the quantity that maximizes total profit

c. the quantity that minimizes total inventory-related costs
d. the quantity that maximizes carrying costs
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 385
20. What costs do the ordering costs become when the economic order quantity (EOQ) model is applied to units produced
within the company?
a. setup costs
b. stockout costs
c. carrying costs
d. safety-stock costs
ANSWER: a
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 385
21. Lauren Company orders 250 units at a time and places 15 orders per year. Total ordering cost is $1,600, and total
carrying cost is $1,250. What is the economic order quantity?
a. The economic order quantity (EOQ) is 250.
b. The economic order quantity (EOQ) is more than 250.
c. The economic order quantity (EOQ) is less than 250.
d. The economic order quantity (EOQ) is 15.
ANSWER: b
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 388
KEYWORDS: Bloom's Higher order; differentiating
22. 2L1S Company orders 250 units at a time and places 15 orders per year. Total ordering cost is $1,100, and total
carrying cost is $1,750. What is the economic order quantity?
ANSWER: c
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 388
23. LaTiffa Company orders 250 units at a time and places 15 orders per year. Total ordering cost is $1,100, and total
carrying cost is $1,100. Which best describes the economic order quantity?
ANSWER: a
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 388
24. Consider the following portion of a segmented income statement for the year just ended. Assume fixed expenses of
Division A include $60,000 of direct expenses and that the discontinuance of the department will not affect the sales of
the other departments or reduce the common expenses.
Division A
Sales $200,000
Variable manufacturing costs 120,000
Gross profit $ 80,000
Fixed expenses (direct and allocated) 100,000
Operating income (loss) $ (20,000)
What is A’s divisional segment margin?
a. ($20,000)
b. $20,000
c. $40,000
d. $80,000
ANSWER: b
RATIONALE: SUPPORTING CALCULATIONS: $80,000 − $60,000 = $20,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 387
KEYWORDS: Bloom's Higher order; implementing
25. Prairie Inc. mines three products. Gold ore sells for $1,000 per ton, variable costs are $600 per ton, and fixed mining
costs are $250,000. The segment margin for the year was ($100,000). The management of Prairie Mining was considering
dropping the mining of gold ore. Only one-half of the fixed expenses are direct and would be eliminated if the segment
was dropped.
What were the sales in tons for the year?

a. 62.5 tons
b. 250 tons
c. 375 tons
d. 1,000 tons
ANSWER: a
RATIONALE: SUPPORTING CALCULATIONS: Segment margin plus direct fixed costs equals contribution
margin. Therefore, ($100,000) + $250,000/2 = $25,000; $25,000/$400 = 62.5 tons
POINTS: 1
DIFFICULTY: Challenging
REFERENCES: p. 387
26. Shedding Company has two divisions with the following segment margins for the current year: Northern, $400,000;
Southern, $800,000. Common expenses of the company are $100,000. What is Shedding Company’s net income?
a. $300,000
b. $350,000
c. $700,000
d. $1,100,000
ANSWER: d
RATIONALE: SUPPORTING CALCULATIONS: $400,000 + $800,000 − $100,000 = $1,100,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 387
27. Segment sales revenue minus which of the following sets of costs is equal to segment margin?
a. variable cost of goods sold, variable selling expense, and direct fixed costs
b. variable selling expense, variable cost of goods sold, and common fixed costs
c. variable cost of goods sold, total selling expense, and direct fixed costs
d. variable selling expense, administrative expense, variable cost of goods sold, and direct fixed costs
ANSWER: a
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 387
28. Which of the following would NOT be considered a segment?

a. a division
b. a product line
c. a sales territory
d. a corporation
ANSWER: d
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 387
29. Which of the following occurs under a JIT system?

a. Customer demand pulls units through the production line.
b. Safety stock is set at relatively high levels.
c. Stockouts are never a problem.
d. Inventory levels are set at 10% of total production levels.
ANSWER: a
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 391
30. How does a JIT system respond to the problems traditionally solved by carrying inventories?
a. by ensuring that sufficient inventory is on hand to prevent stockouts
b. by purchasing extra materials when price discounts are offered

c. by negotiating long-term contracts with supplier to lock in low prices
d. by selecting an inventory level that minimizes the total of ordering and carrying costs
ANSWER: c
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 391
Last year, Ella Company produced 10,000 units and sold 9,000 units at a price of $9 per unit. Costs for last year were as
follows:
Direct materials $10,000
Direct labour 15,000
Variable factory overhead 5,000
Fixed factory overhead 20,000
Variable selling expense 7,200
Fixed selling expense 5,000
Fixed administrative expense 12,000
Fixed factory overhead is applied on the basis of expected production. Last year, Ella expected to produce 10,000 units.
31. Refer to the Figure. Assume that beginning inventory was zero. What is the value of ending inventory under
absorption costing?
a. $2,000
b. $3,000
c. $3,720
d. $5,000
ANSWER: d
RATIONALE: Unit product cost = ($10,000 + $15,000 + $5,000 + $20,000)/10,000 = $5 Ending inventory =
$5 × 1,000 = $5,000
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 375
32. Refer to the Figure. Assume that beginning inventory was zero. What is the value of ending inventory under variable
costing?
a. $2,000
b. $3,000
c. $3,720
d. $5,000
ANSWER: b
RATIONALE: Unit product cost = ($10,000 + $15,000 + $5,000)/10,000 = $3 Ending inventory = $3 × 1,000
= $3,000
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 375
33. Refer to the Figure. What is the operating income for last year under absorption costing?
a. $11,300
b. $11,800
c. $12,520
d. $36,000
ANSWER: b
RATIONALE: Sales $81,000
− COGS 45,000
Gross margin $36,000
− Selling expense 12,200
− Administrative expense 12,000
Operating income $11,800
Sales = 9,000 × $9 Unit product cost = ($10,000 + $15,000 + $5,000 + $20,000)/10,000 = $5
COGS = units × unit costs = 9,000 × $ = $45,000 Selling expense = $7,200 + $5,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
34. Refer to the Figure. What is the operating income for last year under variable costing?
a. $6,800
b. $9,000
c. $9,800
d. $11,800
ANSWER: c
− Variable COGS 27,000
− Variable selling expense 7,200
Contribution margin $46,800
− Fixed factory overhead 20,000
− Fixed selling expense 5,000
− Administrative expense 12,000
Operating income $ 9,800
Sales = selling price × unit cost = $9 × $9,000 = $81,000 COGS = variable costs × units sold
= $3 × 9,000 = $27,000 Unit product cost = ($10,000 + $15,000 + $5,000)/10,000 = $3
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
Triple M Company had the following data for the month:

Variable costs per unit:
Direct materials $4.00
Direct labour 3.20
Variable overhead 1.00
Variable selling expenses 0.40
Fixed overhead is $4,000 per month, which is applied to production on the basis of normal activity of 2,000 units. During
the month, 2,000 units were produced. Triple M started the month with 300 units in beginning inventory, with unit
product cost equal to this month’s unit product cost. A total of 2,100 units were sold during the month at price of $14 per
unit. Selling and administrative expense for the month, all fixed, totalled $3,600.
35. Refer to the Figure. What is the unit product cost under absorption costing?
a. $7.20
b. $8.20
c. $8.60
d. $10.20
ANSWER: d
RATIONALE: Direct materials $ 4.00
Direct labour 3.20
Fixed overhead 2.00
Total $10.20
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 375
36. Refer to the Figure. What is the operating income under absorption costing?
a. ($540)
b. $3,540
c. $3,740
d. $7,980
ANSWER: b
− COGS 21,420
Gross margin $ 7,980
− Variable selling expense 840
− Fixed selling & administrative expense 3,600
Sales = $14 × 2,100 COGS = $10.20 × 2,100 Variable Selling expense = 0.40 × 2,100
Direct materials $ 4.00
Direct labour $ 3.20
Variable overhead $ 1.00
Fixed overhead $ 2.00
Total $10.20
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 375
37. Refer to the Figure. What is the operating income under variable costing?
a. ($540)
b. $3,540
c. $3,740
d. $7,980
ANSWER: c
− Variable COGS 17,220
− Variable selling expense 840
Contribution margin $11,340
− Fixed factory overhead 4,000
− Fixed selling and admin. expense 3,600
Direct materials $4.00
Direct labour 3.20
Total $8.20
2,100 units sold @ $14 = $29,400 2,100 units cost @ $8.20 = $17,220 2,100 units variable
selling cost @ 0.40 = $840
POINTS: 1
REFERENCES: p. 375
38. Refer to the Figure. What is the unit product cost under variable costing?
a. $7.20
b. $8.20
c. $8.60
d. $10.20
ANSWER: b
RATIONALE: Direct materials $4.00
Direct labour 3.20
Total $8.20
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
Carmel Company uses 810 units of a part each year. The cost of placing one order is $10; the cost of carrying one unit in
inventory for a year is $4.
39. Refer to Carmel Company. Carmel has decided to begin ordering 60 units at a time. What is the average annual
carrying cost of Benton’s new policy?
a. $5
b. $30
c. $120
d. $180
ANSWER: c
RATIONALE: Annual carrying cost = (60/2) × $4 = $120
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 385
40. Refer to the Figure. Benton has decided to begin ordering 60 units at a time. What is the average annual ordering cost
of Benton’s new policy?
a. $60
b. $135
c. $150
d. $185
ANSWER: b
RATIONALE: Average annual order cost = (810/60) × $10 = $135.
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 385
41. Refer to the Figure. What is the EOQ for Benton?

a. 20
b. 30
c. 45
d. 64
ANSWER: d
RATIONALE: EOQ = [√(2 × 810 × 10)/4] = 64
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 387
The following information pertains to Nute Corporation (the per unit amounts apply to all years):
Beginning inventory 1,000 units
Ending inventory 6,000 units
Direct labour per unit $40
Direct materials per unit 20
Variable overhead per unit 10
Fixed overhead per unit 30
Variable selling and administrative costs per unit 6
Fixed selling and administrative costs per unit 14
42. Refer to the Figure. What is the value of the ending inventory using the absorption costing method?
a. $240,000
b. $360,000
c. $420,000
d. $600,000
ANSWER: d

RATIONALE: SUPPORTING CALCULATIONS: ($40 + $20 + $10 + $30) × 6,000 = $600,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
43. Refer to the Figure. What is the relationship between absorption costing net income and variable costing net income?
a. Absorption costing net income is $150,000 less.
b. Absorption costing net income is $150,000 greater.
c. Absorption costing net income is $240,000 less.
d. Absorption costing net income is $240,000 greater.
ANSWER: b
RATIONALE: SUPPORTING CALCULATIONS:
Fixed overhead in beginning inventory $ 30,000
Fixed overhead in ending inventory 180,000
Difference $150,000
Since production exceeds sales, absorption costing net income is larger by $150,000.
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p.375
44. Refer to the Figure. What is the value of the ending inventory using the variable costing method?
a. $240,000
b. $350,000
c. $360,000
d. $420,000
ANSWER: d
RATIONALE: SUPPORTING CALCULATIONS: ($40 + $20 + $10) × 6,000 = $420,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p 375
Westwood Company has the following information the current year:

Selling price $300 per unit

Variable production costs $80 per unit produced
Variable selling and administrative expenses $32 per unit sold
Fixed production costs $400,000
Fixed selling and administrative expenses $280,000
Units produced 20,000 units
Units sold 16,000 units
Eastwood had no beginning inventories.
45. Refer to the Figure. What is the ending inventory for Westwood using the absorption costing method?
a. $80,000
b. $120,000
c. $180,000
d. $400,000
ANSWER: d
RATIONALE: SUPPORTING CALCULATIONS: ($80 + $400,000/20,000) × 4,000 = $400,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
46. Refer to the Figure. What is the cost of ending inventory for Westwood using the variable costing method?
a. $80,000
b. $120,000
c. $180,000
d. $320,000
ANSWER: d
RATIONALE: SUPPORTING CALCULATIONS: $80 × 4,000 = $320,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
47. Refer to the Figure. What is the net income for Westwood using the absorption costing method?
a. $452,000
b. $480,000
c. $600,000
d. $2,408,000
ANSWER: d
RATIONALE: SUPPORTING CALCULATIONS: [($300 − $100) × 16,000] − $280,000 − (16,000 × $32) =
$2,408,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
48. Refer to the Figure. What is the net income for Westwood using the variable costing method?
a. $480,000
b. $600,000
c. $1,200,000
d. $2,328,000
ANSWER: d
RATIONALE: SUPPORTING CALCULATIONS: [($300 − $80 − $32) × 16,000] − $680,000 = $2,328,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
Stosho Company incurred the following costs in manufacturing desk calculators:

Direct materials $28
Indirect materials (variable) 8
Direct labour 16
Indirect labour (variable) 12
Other variable factory overhead 20
Fixed factory overhead 56
Variable selling expenses 40
Fixed selling expenses 28
During the period, the company produced and sold 2,000 units.
49. Refer to the Figure. What is the inventory cost per unit using absorption costing?
a. $32
b. $84
c. $104
d. $140
ANSWER: d
RATIONALE: SUPPORTING CALCULATIONS: $84 + $56 = $140

POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
50. Refer to the Figure. What is the inventory cost per unit using variable costing?
a. $42
b. $52
c. $62
d. $84
ANSWER: d
RATIONALE: SUPPORTING CALCULATIONS: $28 + $8 + $16 + $12 + $20 = $84
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
Raymond Company reported the following units of production and sales for June and July:
Units
Month Produced Sold
June 100,000 90,000
July 100,000 105,000
Net income under absorption costing for June was $40,000; net income under variable costing for July was $50,000. Fixed
manufacturing costs were $600,000 for each month.
51. Refer to the Figure. What was the net income for July using absorption costing?
a. $20,000
b. $40,000
c. $50,000
d. $80,000
ANSWER: a
RATIONALE: SUPPORTING CALCULATIONS: ($600,000/100,000) × 5,000 = $30,000 Absorption costing
is lower by $30,000. Therefore, $50,000 less $30,000 equals a profit of $20,000.
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
52. Refer to the Figure. What was the net income for June using variable costing?
a. ($40,000)
b. ($20,000)
c. $20,000
d. $40,000
ANSWER: b
RATIONALE: SUPPORTING CALCULATIONS: ($600,000/100,000) × 10,000 = $60,000 Absorption costing
is higher by $60,000. Therefore, $40,000 less $60,000 equals a loss of $20,000.
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
Theele Corporation has the following information for April, May, and June:
April May June
Units produced 10,000 10,000 10,000
Units sold 7,000 8,500 10,500
Production costs per unit (based on 10,000 units) are as follows:
Direct materials $13
Direct labour 9
Variable factory overhead 7
Fixed factory overhead 5
Variable selling and administrative expenses 10
Fixed selling and administrative expenses 4
Theele Corporation had no beginning inventories for April, and all units were sold for $55 per unit. Costs are stable over
the three months.
53. Refer to the Figure. What is the May ending inventory for Theele Corporation when using the absorption costing
method?
a. $39,000
b. $45,000
c. $153,000
d. $300,000
ANSWER: c
RATIONALE: SUPPORTING CALCULATIONS: 4,500 × ($13 + $9 + $7 + $5) = $153,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
54. Refer to the Figure. What is the April ending inventory for Theele Corporation when using the variable costing
method?
a. $87,000
b. $90,000
c. $108,000
d. $260,000
ANSWER: a
RATIONALE: SUPPORTING CALCULATIONS: 3,000 × ($13 + $9 + $7) = $87,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
55. Refer to the Figure. What is the June ending inventory for Theele Corporation when using the variable costing
method?
a. $15,000
b. $116,000
c. $120,000
d. $260,000
ANSWER: b
RATIONALE: SUPPORTING CALCULATIONS:
April May June
Units of beginning inventory 0 3,000 4,500
Units produced 10,000 10,000 10,000
Units sold 7,000 8,500 10,500
Unit of ending inventory 3,000 4,500 4,000
4,000 × $29 = $116,000
POINTS: 1
REFERENCES: p. 375
56. Refer to the Figure. What is the May contribution margin for Theele Corporation when using the variable costing
method?
a. $136,000
b. $170,000
c. $204,000
d. $240,000
ANSWER: a
RATIONALE: SUPPORTING CALCULATIONS: 8,500 × ($55 − $39) = $136,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
The following information pertains to Shark Corporation:

Beginning inventory 0 units
Ending inventory 6,000 units
Direct labour per unit $22
Direct materials per unit 18
Variable overhead per unit 6
Fixed overhead per unit 12
Variable selling costs per unit 14
Fixed selling costs per unit 16
57. Refer to the Figure. What is the value of ending inventory when using the absorption-costing method?
a. $200,000
b. $348,000
c. $368,000
d. $390,000
ANSWER: b
RATIONALE: SUPPORTING CALCULATIONS: ($22 + $18 + $6 + $12) × 6,000= $348,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
58. Refer to the Figure. What is the value of ending inventory when using the variable costing method?
a. $276,000
b. $320,000
c. $250,000
d. $390,000

ANSWER: a
RATIONALE: SUPPORTING CALCULATIONS: ($22 + $18 + $6) × 6,000 = $276,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
59. Refer to the Figure. What is the relationship between absorption-costing net income and variable-costing net income?
a. Absorption-costing net income is $72,000 less.
b. Absorption-costing net income is $70,000 less.
c. Absorption-costing net income is $72,000 greater.
d. Absorption-costing net income is $70,000 greater.
ANSWER: c
RATIONALE: SUPPORTING CALCULATIONS: Shark Corporation has $72,000 more in fixed costs in
ending inventory relative to beginning inventory. In addition, production exceeds sales.
Therefore, absorption costing net income exceeds variable-costing net income by $72,000.
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
Operating Company has the following information pertaining to its two divisions for the current year:
South
North Division
Division
Variable selling and administrative expenses $ 70,000 $ 90,000
Direct fixed manufacturing expenses 35,000 100,000
Sales 300,000 500,000
Direct fixed selling and administrative expenses 30,000 70,000
Variable manufacturing expenses 40,000 100,000
Common expenses are $50,000 for the current year.
60. Refer to the Figure. What is the segment margin for South Division?
a. $140,000
b. $210,000
c. $240,000
d. $310,000
ANSWER: a
RATIONALE: SUPPORTING CALCULATIONS: $500,000 − $90,000 − $100,000 − $70,000 − $100,000 =
$140,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
61. Refer to the Figure. What is the net income for Operating Company?
a. $41,000
b. $65,000
c. $215,000
d. $325,000
ANSWER: c
RATIONALE: SUPPORTING CALCULATIONS: $125,000 + $140,000 − $50,000 = $215,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
Cara Company has the following information pertaining to its two divisions for the current year:
European American
Division Division
Variable selling and administrative expenses $ 40,000 $ 55,000
Direct fixed manufacturing expenses 22,000 60,000
Sales 120,000 220,000
Direct fixed selling and administrative expenses 18,000 45,000
Variable manufacturing expenses 25,000 55,000
Common expenses are $18,000 for the current year.
62. Refer to the Figure. What is the segment margin for American Division?
a. $5,000
b. $55,000
c. $105,000
d. $155,000
ANSWER: a
RATIONALE: SUPPORTING CALCULATIONS: $220,000 − $55,000 − $60,000 − $45,000 − $55,000 =
$5,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
63. Refer to the Figure. What is the net income for Cara Company?
a. $2,000
b. $32,500
c. $150,000
d. $300,000
ANSWER: a
RATIONALE: SUPPORTING CALCULATIONS: $15,000 + $5,000 − $18,000 = $2,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
Assume the following information for Green Bluff’s #1 Product Line:

Sales $600,000
Variable manufacturing expenses 120,000
Direct fixed manufacturing expenses 75,000
Variable selling and administrative expenses 65,000
Direct fixed selling and administrative expenses 60,000
64. Refer to the Figure. What is the contribution margin of the product line?
a. $215,000
b. $325,000
c. $415,000
d. $480,000
ANSWER: c
RATIONALE: SUPPORTING CALCULATIONS: $600,000 − $120,000 − $65,000 = $415,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
65. Refer to the Figure. What is the segment margin of the product line?
a. $280,000

b. $325,000
c. $350,000
d. $400,000
ANSWER: a
RATIONALE: SUPPORTING CALCULATIONS: $415,000 − $135,000 = $280,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
66. Product cost includes all costs of the company.

a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 372
67. Absorption costing income statements and variable costing income statements may differ because of their treatment of
fixed overhead costs.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
United States - IMA-Performance Measurement
68. Inventory costs under variable costing include only direct materials, direct labour, and fixed factory overhead.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 377

69. Inventory under absorption costing includes direct materials, direct labour, variable factory overhead, and fixed
factory overhead.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 377
70. All other things being equal, if the number of units produced in a period is larger than the number of units sold in a
period, absorption costing income will be higher than variable costing income.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 380
71. All other things being equal, if the number of units produced in a period is smaller than the number of units sold in
period, absorption costing income will be higher than variable costing income.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 380
72. The costs of NOT having a product available when demanded by a customer are called setup costs.
a. True
b. False
ANSWER: False

POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 384
73. If the demand for a product is known, total inventory-related costs consist of ordering costs and carrying costs.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 384
74. On a segmented income statement, fixed costs are broken down into direct fixed costs and overall fixed costs.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 383
75. JIT relies on a push system to control finished goods inventory.

a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 391
76. A major advantage to the JIT inventory approach is that it decreases carrying costs.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 391
77. The variable costing income statement for Kilem Company for this year is as follows:
Sales (6,000 units) $120,000
Variable expenses:
Cost of goods sold $36,000
Selling (10% of sales) 12,000 48,000
Contribution margin $ 72,000
Fixed expenses:
Manufacturing overhead $32,000
Administrative 14,400 38,400
Net income $ 25,600
Selected data for this year concerning the operations of the company are as follows:
Beginning inventory -0- units
Units produced 8,000 units
Manufacturing costs:
Direct labour $3.00 per unit
Direct materials 1.40 per unit
Variable overhead 1.60 per unit
Required: Prepare an absorption costing income statement for this year.
ANSWER:
Sales $120,000
Less cost of goods sold:
{6,000 × [$3.00 + $1.40 + $1.60
60,000
+ ($32,000/8,000)]}
Gross profit $ 60,000
Less operating expenses:
Selling expenses $12,000
Administrative expenses 14,400 26,400
Net income $ 33,600
POINTS: 1
REFERENCES: p. 375
78. Darker Company produced 30,000 units and sold 28,000 units in the current year. Beginning inventory was zero.
During the period, the following costs were incurred:
Indirect labour $ 60,000
Indirect materials 30,000
Other variable overhead 90,000
Fixed manufacturing overhead 180,000
Fixed administrative expenses 150,000
Fixed selling expenses 120,000
Variable selling expenses, per unit 40
Direct labour, per unit 80
Direct materials, per unit 20
Required: Compute the dollar amount of ending inventory using:
A. Absorption costing
B. Variable costing
ANSWER:
A. Variable costs:
Direct materials $ 20.00
Direct labour 80.00
Indirect labour 2.00
Indirect materials 1.00
Other variable overhead 3.00
Variable product costs per unit $ 106.00
Fixed manufacturing overhead 6.00
Total product costs per unit $ 112.00
Inventory units 2,000
Inventory value $224,000
B. Variable product costs per unit $ 106.00

Inventory units 2,000
Inventory value $212,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
79. Fellow’s Manufacturing Company produces three products: X, Y, and Z. The income statement for this year is as
follows:
Sales $200,000
Less: Variable expenses 127,000
Contribution margin $ 73,000
Less fixed expenses:
Manufacturing $20,000
Selling and administrative 14,000 34,000
Net income $ 39,000
The sales, contribution margin ratios, and direct fixed expenses for the three types of products are as follows:
X Y Z
Sales $60,000 $40,000 $100,000
Contribution margin ratio 35% 30% 40%
Direct fixed expenses of products $ 8,000 $ 5,000 $4,000
Required: Prepare income statements segmented by products. Include a column for the entire firm in the statement.
ANSWER:
Fellow’s Manufacturing Company
Income Statement
For this year
X Y Z Total
Sales $60,000 $40,000 $100,000 $200,000
Less: Variable expenses 39,000 28,000 60,000 127,000
Contribution margin $21,000 $12,000 $ 40,000 $ 73,000
Less: Direct fixed expenses 8,000 5,000 4,000 17,000
Product margin $13,000 $ 7,000 $ 36,000 $ 56,000
Less: Common expenses 17,000
$ 39,000
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
80. Birdd Company uses 450 units of a part each year. The cost of placing one order is $10; the cost of carrying one unit
in inventory for a year is $2. Birdd currently orders 90 units at a time.
A. What is the annual ordering cost of Birdd’s current policy?
B. What is the annual carrying cost of Birdd’s current policy?
C. What is the total cost of Birdd’s current policy?
D. What is the EOQ for Birdd?
E. What is the total inventory-related cost at the EOQ?
ANSWER:
Birdd Company uses 450 units of a part each year. The cost of placing one order is $10; the
cost of carrying one unit in inventory for a year is $2. Birdd currently orders 90 units at a
time.
A. Annual ordering cost = (450/90) × $10 = $50
B. Annual carrying cost = (90/2) × $2 = $90
C. Total cost of Birdd’s current policy = $50 + $90= $140
D. EOQ = [√(2 × 450 × $10)/2] = 67 (rounded)
E. Total inventory-related cost = [$10 × (450 / 67)] + [(67/2) × $2] = $134
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 384
81. Stimpson Company sells 900 units of its deluxe product each year. The cost of setting up for one production run is
$150; the cost of carrying one unit in inventory for a year is $3.
A. What is the economic order quantity?
B. What is the annual setup cost of the EOQ policy?
C. What is the annual carrying cost of the EOQ policy?
D. What is the total inventory-related cost of the EOQ policy?
ANSWER:
A. EOQ = [√(2 × 900 × $150)/3] = 300
B. Annual setup cost = (900/300) × $150 = $450
C. Annual carrying cost = (300/2) × $3= $450
D. Total cost of the EOQ policy = $450 + $450 = $900
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 384
82. Timber Company sells 900 units of its deluxe product each year. The cost of setting up for one production run is $150;
the cost of carrying one unit in inventory for a year is $3. Timber currently produces 100 deluxe units in one production
run.
A. What is the annual setup cost of the current policy?
B. What is the annual carrying cost of the current policy?
C. What is the total inventory-related cost of the current policy?
D. Do you suppose that the current production run is smaller or larger than the EOQ? Why?
ANSWER:
A. Annual setup cost = (900/100) × $150 = $1,350
B. Annual carrying cost = (100/2) × $3= $150
C. Total cost of the current policy = $1,350 + $150 = $1,500
The EOQ must be more than 100 units because the set up cost for batches of 100
D. units is higher than the carrying cost. Thus, the current production run is smaller than
the EOQ.
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 384
83. What is the difference between absorption-costing income and variable-costing income?
ANSWER:
The difference between absorption-costing income and variable-costing income is the
treatment of fixed factory overhead. Absorption costing attaches fixed factory overhead to
each unit produced. If the unit is sold, that portion of fixed factory overhead becomes part of
cost of goods sold. If the unit goes into inventory, it takes that portion of fixed factory
overhead into inventory with it. Variable costing treats fixed factory overhead as a period
expense, and does not include it in inventory.
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 375
NATIONAL STANDARDS: United States - AACSB Communication
84. What are the traditional reasons for carrying inventory?

ANSWER: 1. To balance ordering or setup costs and carrying costs
2. To satisfy customer demand (e.g., meet delivery dates)
POINTS: 1
85. To avoid shutting down manufacturing facilities because of:]

a. Machine failure
b. Defective parts
c. Unavailable parts
d. Late delivery of parts
4. To buffer against unreliable production processes
5. To take advantage of discounts
6. To hedge against future price increases
PTS: 1 DIF: Medium REF: p.384 OBJ: 8.1

NAT: IMA-Cost Management | AACSB Communication
3. List three problems that inventory is meant to solve. How does the JIT producer handle these problems?
ANSWER:
The JIT firm:
Handles unpredictable customer orders by reducing setup times so that goods can be
1.
made-to-order
Handles high ordering costs by developing close relationships with suppliers and using
2.
only a few suppliers
Handles the need to purchase more to get quantity discounts by negotiating long-term
3.
contracts with suppliers so that the price is locked in
Handles potential machine breakdowns by engaging in continual preventive

4.
maintenance
POINTS: 1
DIFFICULTY: Medium
REFERENCES: p. 382-383
NATIONAL STANDARDS: United States - AACSB Communication
On which type of income statement does each of the following costs appear?
a. Variable costing income statement
b. Absorption costing income statement
c. Both types of income statements
DIFFICULTY: Easy
REFERENCES: p. 375

86. Fixed factory overhead for units sold

ANSWER: b
POINTS: 1
87. Direct labour for units sold

ANSWER: c
POINTS: 1
88. Variable overhead for units sold

ANSWER: c
POINTS: 1
89. Administrative expense

ANSWER: c
POINTS: 1
90. Direct materials for units sold

ANSWER: c
POINTS: 1
91. Variable selling expense

ANSWER: c
POINTS: 1
92. Fixed selling expense

ANSWER: c
POINTS: 1
93. Fixed factory overhead for the period

ANSWER: a
POINTS: 1
Match each statement with the correct item below.

a. The costs of not having a product available when demanded by a customer
b. The costs of carrying inventory
c. Approach that maintains goods should be pulled through the system by present demand
d. The number of units in the order quantity that minimizes the total cost
e. The costs of placing and receiving an order
DIFFICULTY: Easy
REFERENCES: p. 384
MACC.MOWE.15.8.5 - 8.5
94. Carrying costs

ANSWER: b
POINTS: 1
95. Economic order quantity

ANSWER: d
POINTS: 1
96. Just-in-time
ANSWER: c
POINTS: 1
97. Ordering costs

ANSWER: e
POINTS: 1
98. Stockout costs

ANSWER: a
POINTS: 1

Another random document with
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The sitting of the Convention brought out Apr. 28.
a great amount of volunteer zeal, in behalf
of the Revolution, amongst those extreme Presbyterians of the west
who had been the greatest sufferers under the old government. They
thought it but right—while the Highlanders were rising for James in
the north—that they should take up arms for William in the south.
The movement centered at the village of Douglas in Lanarkshire,
where the representative of the great House of that name was now
devoted to the Protestant interest. On the day noted, a vast crowd of
people assembled on a holm or meadow near the village, where a
number of their favourite preachers addressed them in succession
with suitable exhortations, and for the purpose of clearing away
certain scruples which were felt regarding the lawfulness of their
appearing otherwise than under an avowed prosecution of the great
objects of the Solemn League and Covenant.
After some difficulties on these and similar points, a regiment was
actually constituted on the 14th of May, and nowhere out of Scotland
perhaps could a corps have been formed under such unique
regulations. They declared that they appeared for the preservation of
the Protestant religion, and for ‘the work of reformation in Scotland,
in opposition to popery, prelacy, and arbitrary power.’ They
stipulated that their officers should exclusively be men such as ‘in
conscience’ they could submit to. A minister was appointed for the
regiment, and an elder nominated for each 1689.
company, so that the whole should be under
precisely the same religious and moral discipline as a parish,
according to the standards of the church. A close and constant
correspondence with the ‘United Societies’—the Carbonari of the
late evil times—was settled upon. A Bible was a part of the furniture
of every private’s knapsack—a regulation then quite singular. Great
care was taken in the selection of officers, the young Earl of Angus,
son of the Marquis of Douglas, being appointed colonel; while the
second command was given to William Cleland, a man of poetical
genius and ardent soldierly character, who had appeared for God’s
cause at Bothwell-brig. It is impossible to read the accounts that are
given of this Cameronian Regiment, as it was called, without
sympathising with the earnestness of purpose, the conscientious
scrupulosity, and the heroic feelings of self-devotion, under which it
was established, and seeing in these demonstrations something of
what is highest and best in the Scottish character.
It is not therefore surprising to learn that in August, when posted
at Dunkeld, it made a most gallant and successful resistance to three
or four times the number of Highlanders, then fresh from their
victory at Killiecrankie; though, on this occasion, it lost its heroic
lieutenant-colonel. Afterwards being called to serve abroad, it
distinguished itself on many occasions; but, unluckily, the pope
being concerned in the league for which King William had taken up
arms, the United Societies from that time withdrew their
countenance from the regiment. The Cameronians became the 26th
Foot in the British army, and, long after they had ceased to be
recruited among the zealous in Scotland, and ceased to exemplify
Presbyterian in addition to military discipline, they continued to be
singular in the matter of the Bible in the knapsack.[8]
There had been for some time in Scotland June 7.

a considerable number of French
Protestants, for whom the charity of the nation had been called forth.
To these was now added a multitude of poor Irish of the same faith,
refugees from the cruel wars going on in their own country, and
many of whom were women, children, and infirm persons. Slender
as the resources of Scotland usually were, and sore pressed upon at
present by the exactions necessary for supporting the new
government, a collection was going on in behalf of the refugee Irish.
It was now, however, represented, that 1689.
many in the western counties were in such
want, that they could not wait till the collection was finished; and so
the Lords of the Privy Council ordered that the sums gathered in
those counties be immediately distributed in fair proportions
between the French and Irish, and enjoining the distributors ‘to take
special care that such of those poor Protestants as stays in the remote
places of those taxable bounds and districts be duly and timeously
supplied.’ Seventy pounds in all was distributed.
Five days before this, we hear of John Adamson confined in
Burntisland tolbooth as a papist, and humanely liberated, that he
might be enabled to depart from the kingdom.[9]
This morning, being Sunday, the royal June 23.
orders for the appointment of fifteen new
men to be Lords of Session reached Edinburgh, all of them being, of
course, persons notedly well affected to the new order of things.
Considering the veneration professed for the day by zealous
Presbyterians in Scotland, and how high stood the character of the
Earl of Crawford for a religious life, one is rather surprised to find
one of the new judges (Crossrig) bluntly telling that that earl ‘sent for
me in the morning, and intimated to me that I was named for one of
them.’ He adds a curious fact. ‘It seems the business had got wind,
and was talked some days before, for Mr James Nasmyth, advocate,
who was then concerned for the Faculty’s Library, spoke to me to pay
the five hundred merks I had given bond for when I entered
advocate; which I paid. It may be he thought it would not be so
decent to crave me after I was preferred to the bench.’[10]
It is incidental to liberating and reforming parties that they seldom

escape having somewhat to falsify their own professions. The
Declaration of the Estates containing the celebrated Claim of Right
(April 1689) asserted that ‘the imprisoning of persons, without
expressing the reasons thereof, and delaying to put them to trial, is
contrary to law.’ It also pronounced as equally illegal ‘the using of
torture without evidence in ordinary crimes.’ Very good as a party
condemnation of the late government, or as a declaration of general
principles; but, for a time, nothing more.
One of the first acts of the new government was for the ‘securing of
suspect persons.’ It could not but be vexing to the men who had
delivered their country ‘from thraldom and 1689.
poperie, and the pernicious inconveniences
of ane absolute power,’ when they found themselves—doubtless
under a full sense of the necessity of the case—probably as much so
as their predecessors had ever felt—ordering something like half the
nobility and gentry of the country, and many people of inferior rank,
into ward, there to lie without trial—and in at least one notorious
case, had to resort to torture to extort confession; thus imitating
those very proceedings of the late government which they themselves
had condemned.
All through the summer of 1689, the register of the Privy Council is
crammed with petitions from the imprisoned, calling for some
degree of relief from the miseries they were subjected to in the
Edinburgh Tolbooth, Stirling Castle, Blackness Castle, and other
places of confinement, to which they had been consigned, generally
without intimation of a cause. The numbers in the Edinburgh
Tolbooth were particularly great, insomuch that one who
remembers, as the author does, its narrow gloomy interior, gets the
idea of their being packed in it much like the inmates of an emigrant
ship.
Men of the highest rank were consigned to this frightful place. We
find the Earl of Balcarres petitioning (May 30) for release from it on
the plea that his health was suffering, ‘being always, when at liberty,
accustomed to exercise [his lordship was a great walker];’ and,
moreover, he had given security ‘not to escape or do anything in
prejudice of the government.’ The Council ordained that he should
be ‘brought from the Tolbooth to his own lodging in James
Hamilton’s house over forgainst the Cross of Edinburgh,’ he giving
his parole of honour ‘not to go out of his lodgings, nor keep
correspondence with any persons in prejudice or disturbance of the
present government.’ With the like humanity, Lord Lovat was
allowed to live with his relative the Marquis of Athole in
Holyroodhouse, but under surveillance of a sentinel.
Sir Robert Grierson of Lagg—who, having been an active servant of
the late government in some of its worst work, is the subject of high
popular disrepute as a persecutor—was seized in his own house by
Lord Kenmure, and taken to the jail of Kirkcudbright—thence
afterwards to the Edinburgh Tolbooth. He seems to have been
liberated about the end of August, on giving security for peaceable
behaviour.
The most marked and hated instrument of King James was
certainly the Chancellor Earl of Perth. He 1689.
had taken an early opportunity of trying to
escape from the country, so soon as he learned that the king himself
had fled. It would have been better for all parties if his lordship had
succeeded in getting away; but some officious Kirkcaldy boatmen
had pursued his vessel, and brought him back; and after he had
undergone many contumelies, the government consigned him to
close imprisonment in Stirling Castle, ‘without the use of pen, ink, or
paper,’ and with only one servant, who was to remain close prisoner
with him. Another high officer of the late government, John
Paterson, Archbishop of Glasgow, was placed in close prison in
Edinburgh Castle, and not till after many months, allowed even to
converse with his friends: nor does he appear to have been released
till January 1693.
Among the multitude of the incarcerated was an ingenious
foreigner, who for some years had been endeavouring to carve a
subsistence out of Scotland, with more or less success. We have
heard of Peter Bruce before[11] as constructing a harbour, as patentee
for a home-manufacture of playing-cards, and as the conductor of
the king’s Catholic printing-house at Holyrood. It ought likewise to
have been noted as a favourable fact in his history, that the first
system of water-supply for Edinburgh—by a three-inch pipe from the
lands of Comiston—was effected by this clever Flandrian. At the
upbreak of the old government in December, Bruce’s printing-office
was destroyed by the mob, and his person laid hold of. We now (June
1689) learn, by a petition from him to the Privy Council, that he had
been enduring ‘with great patience and silence seven months’
imprisonment, for no other cause or crime but the coming of one
Nicolas Droomer, skipper at Newport, to the petitioner’s house,
which Droomer was likewise on misinformation imprisoned in this
place, but is released therefra four weeks ago,’ He adds that he looks
on his imprisonment to be ‘but ane evil recompense for all the good
offices of his art, has been performed by him not only within the
town of Edinburgh, but in several places of the kingdom, to which he
was invited from Flanders. He, being a stranger, yet can make it
appear [he] has lost by the rabble upwards of twenty thousand merks
of writs and papers, besides the destruction done to his house and
family, all being robbed, pillaged, and plundered from him, and not
so much as a shirt left him or his wife.’ He 1689.
thinks ‘such barbarous usage has scarce
been heard [of]; whereby, and through his imprisonment, he is so
out of credit, that himself was like to starve in prison, [and] his
family at home in the same condition.’ Peter’s petition for his
freedom was acceded to, on his granting security to the extent of fifty
pounds for peaceable behaviour under the present government.
Another sufferer was a man of the like desert—namely, John
Slezer, the military engineer, to whom we owe that curious work the
Theatrum Scotiæ. The Convention was at first disposed to put him
into his former employment as a commander of the artillery; but he
hesitated about taking the proper oath, and in March a warrant was
issued for securing him ‘untill he find caution not to return to the
Castle [then held out for King James].’[12] He informed the Council
(June 3) that for some weeks he had been a close prisoner in the
Canongate Tolbooth by their order, till now, his private affairs
urgently requiring his presence in England, he was obliged to crave
his liberation, which, ‘conceiving that he knew himself to be of a
disposition peaceable and regular,’ he thought they well might grant.
They did liberate him, and at the same time furnished him with a
pass to go southward.
One of the petitioning prisoners, Captain Henry Bruce, states that
he had been in durance for nine months, merely because, when the
rabble attacked Holyroodhouse, he obeyed the orders of his superior
officer for defending it. That superior officer himself, Captain John
Wallace, was in prison on the same account. He presented a petition
to the Council—February 5, 1691—setting forth how he had been a
captive for upwards of a year, though, in defending Holyrood from
the rabble, he had acted in obedience to express orders from the
Privy Council of the day, and might have been tried by court-martial
and shot if he had not done as he did. He craved liberation on
condition of self-banishment. The Council ordered their solicitor to
prosecute him; and on a reclamation from him, this order was
repeated. In the ensuing November, however, we find Wallace still
languishing in prison, and his health decaying—although, as he sets
forth in a petition, ‘by the 13th act of the Estates of this kingdom, the
imprisoning persons without expressing the reasons, and delaying to
put them to a trial, is utterly and directly contrary to the known
statutes, laws, and freedoms of this kingdom.’ He was not subjected
to trial till August 6, 1692, when he had 1689.
been nearly four years a prisoner. The
laborious proceedings, extending over several days, and occupying
many wearisome pages of the Justiciary Record, shew the anxiety of
the Revolution government to be revenged on this gallant adversary;
but the trial ended in a triumphant acquittal.
Several men and women were imprisoned in the Tolbooth for
giving signals to the garrison holding out the Castle. One Alexander
Ormiston petitioned for his liberation as innocent of the charge. He
had merely wiped his eyes, which were sore from infancy, with his
napkin, as he passed along the Grassmarket; and this had been
interpreted into his giving a signal. After a confinement of twelve
days, Alexander obtained his liberation, ‘free of house-dues.’
John Lothian petitioned, August 19, for liberation, having been
incarcerated on the 8th of July. He declared himself unconscious of
anything that ‘could have deserved his being denied the common
liberty of a subject,’ A most malignant fever had now broken out in
the Tolbooth, whereof one prisoner died last night, and on all hands
there were others infected beyond hope of recovery. He, being
reduced to great weakness by his long confinement, was
apprehensive of falling a victim. John Rattray, on the ensuing day,
sent a like petition, stating that he had lain six weeks ‘in close prison,
in a most horrible and starving condition, for want of meat, drink,
air, and bedding,’ A wife and large family of small children were
equally destitute at home, and likely to starve, ‘he not having ane
groat to maintain either himself or them.’ Lothian was liberated, but
the wretched Rattray was only transferred to ‘open prison’—that is, a
part of the jail where he was accessible to his family and to visitors.
Amongst the multitude of political prisoners was one James
Johnstone, who had been put there two years before, without
anything being laid to his charge. The new government had ordered
his liberation in June, but without paying up the aliment due to him;
consequently, he could not discharge his prison-dues; and for this
the Goodman—so the head-officer of the jail was styled—had
detained him. He was reduced to the most miserable condition, often
did not break bread for four or five days, and really had no
dependence but on the charity of the other scarcely less miserable
people around him. The Council seem to have felt ashamed that a
friend of their own should have been allowed to lie nine months in
jail after the Revolution; so they ordered his 1689.
immediate dismissal, with payment of
aliment for four hundred and two days in arrear.[13]
Christopher Cornwell, servitor to Thomas Dunbar, stated to the
Privy Council, March 19, 1690, that he had been in the Edinburgh
Tolbooth since June last with his master, ‘where he has lived upon
credit given him by the maid who had the charge of the provisions
within the prison, and she being unable as well as unwilling to
furnish him any more that entertainment, mean as it was, his
condition hardly can be expressed, nor could he avoid starving.’ He
was liberated upon his parole.
David Buchanan, who had been clerk to Lord Dundee’s regiment,
was seized in coming northward, with some meal believed to be the
property of his master, and he was thrown in among the crowd of the
Tolbooth. For weeks he petitioned in vain for release.
The Privy Council, on the 13th May 1690, expressed anxiety about
the prisoners; but it was not regarding their health or comfort. They
sent a committee to consider how best the Tolbooth might be made
secure—for there had been an escape from the Canongate jail—and
for this purpose it was decreed that close prisoners should be
confined within the inner rooms; that the shutters towards the north
should be nightly locked, to prevent communications with the houses
in that direction; and that ‘there should be a centinel all the daytime
at the head of the iron ravell stair at the Chancellary Chamber, lest
letters and other things may be tolled up.’[14]
The chief of the clan Mackintosh, usually June.

called the Laird of Mackintosh, claimed
rights of property over the lands of Keppoch, Glenroy, and
Glenspean, in Inverness-shire, ‘worth five thousand merks of yearly
rent’—a district interesting to modern men of science, on account of
the singular impress left upon it by the hand of nature in the form of
water-laid terraces, commonly called the Parallel Roads of Glenroy,
but then known only as the haunt of a wild race of Macdonalds,
against whom common processes of law were of no avail. Mackintosh
—whose descendant is now the peaceable landlord of a peaceable
tenantry in this country—had in 1681 1689.
obtained letters of fire and sword as a last
desperate remedy against Macdonald of Keppoch and others; but no
good had come of it.
In the year of the Revolution, these letters had been renewed, and
about the time when Seymour and Russell were inviting over the
Prince of Orange for the rescue of Protestantism and liberty,
Mackintosh was leading a thousand of his people from Badenoch
into Glenspean, in order to wreak the vengeance of the law upon his
refractory tenants. He was joined by a detachment of government
troops under Captain Mackenzie of Suddy; but Keppoch, who is
described by a contemporary as ‘a gentleman of good understanding,
and of great cunning,’ was not dismayed. With five hundred men, he
attacked the Mackintosh on the brae above Inverroy, less than half a
mile from his own house, and gained a sanguinary victory. The
captain of the regular troops and some other persons were killed; the
Laird of Mackintosh was taken prisoner, and not liberated till he had
made a formal renunciation of his claims; two hundred horses and a
great quantity of other spoil fell into the hands of the victors.[15] The
Revolution, happening soon after, caused little notice to be taken of
this affair, which is spoken of as the last clan-battle in the Highlands.
Now that Whiggery was triumphing in Edinburgh, it pleased
Keppoch to rank himself among those chiefs of clans who were
resolved to stand out for King James. Dundee reckoned upon his
assistance; but when he went north in spring, he found this
‘gentleman of good understanding’ laying siege to Inverness with
nine hundred men, in order to extort from its burghers at the point
of the sword some moneys he thought they owed him. The northern
capital—a little oasis of civilisation and hearty Protestantism in the
midst of, or at least close juxtaposition to, the Highlands—was in the
greatest excitement and terror lest Keppoch should rush in and
plunder it. There were preachings at the cross to animate the
inhabitants in their resolutions of defence; and a collision seemed
imminent. At length the chieftain consented, for two thousand
dollars, to retire. It is alleged that Dundee was shocked and angry at
the proceedings of this important partisan, but unable or unwilling
to do more than expostulate with him. Keppoch by and by joined him
in earnest with his following, while Mackintosh held off in a state of
indecision.
This gave occasion for a transaction of 1689.
private war, forming really a notable part of
the Scottish insurrection for King James, though it has been scarcely
noticed in history. It was when Dundee, in the course of his marching
and countermarching that summer, chanced to come within a few
miles of Mackintosh’s house of Dunachtan, on Speyside, that
Keppoch bethought him of the opportunity it afforded for the
gratification of his vengeful feelings. He communicated not with his
commander. He took no counsel of any one; he slipped away with his
followers unobserved, and, stooping like an eagle on the unfortunate
Mackintosh, burned his mansion, and ravaged his lands, destroying
and carrying away property afterwards set forth as of the value of two
thousand four hundred and sixty-six pounds sterling.
This independent way of acting was highly characteristic of
Dundee’s followers; but he found it exceedingly inconvenient. Being
informed of the facts, he told Keppoch, in presence of his other
officers, that ‘he would much rather choose to serve as a common
soldier among disciplined troops, than command such men as he;
that though he had committed these outrages in revenge of his own
private quarrel, it would be generally believed he had acted by
authority; that since he was resolved to do what he pleased, without
any regard to command and the public good, he begged that he
would immediately be gone with his men, that he might not hereafter
have an opportunity of affronting the general at his pleasure, or of
making him and the better-disposed troops a cover to his robberies.
Keppoch, who did not expect so severe a rebuke, humbly begged his
lordship’s pardon, and told him that he would not have abused
Mackintosh so, if he had not thought him an enemy to the king as
well as to himself; that he was heartily sorry for what was past; but
since that could not be amended, he solemnly promised a submissive
obedience for the future.’[16]
The preceding was not a solitary instance of private clan-warfare,
carried on under cover of Dundee’s insurrection. Amongst his
notable followers were the Camerons, headed by their sagacious
chief, Sir Ewen of Locheil, who was now well advanced in years,
though he lived for thirty more. A few of this clan having been
hanged by the followers of the Laird of Grant—a chief strong in the
Whig cause—it was deemed right that a 1689.
revenge should be taken in Glen Urquhart.
‘They presumed that their general would not be displeased, in the
circumstances he was then in, if they could supply him with a drove
of cattle from the enemy’s country.’ Marching off without leave, they
found the Grants in Glen Urquhart prepared to receive them; but
before the attack, a Macdonald came forward, telling that he was
settled amongst the Grants, and claiming, on that account, that none
of the people should be injured. They told him that, if he was a true
Macdonald, he ought to be with his chief, serving his king and
country in Dundee’s army; they could not, on his account, consent to
allow the death of their clansmen to remain unavenged. The man
returned dejected to his friends, the Grants, and the Camerons made
the attack, gaining an easy victory, and bearing off a large spoil to the
army in Lochaber.
Dundee consented to overlook this wild episode, on account of the
supplies it brought him; but there was another person grievously
offended. The Macdonald who lived among the Grants was one of
those who fell in the late skirmish. By all the customs of Highland
feeling, this was an event for the notice of his chief Glengarry, who
was one of the magnates in Dundee’s army. Glengarry appeared to
resent the man’s death highly, and soon presented himself before the
general, with a demand for satisfaction on Locheil and the
Camerons. ‘Surprised at the oddness of the thing, his lordship asked
what manner of satisfaction he wanted; “for,” said he, “I believe it
would puzzle the ablest judges to fix upon it, even upon the
supposition that they were in the wrong;” and added, that “if there
was any injury done, it was to him, as general of the king’s troops, in
so far as they had acted without commission.” Glengarry answered
that they had equally injured and affronted both, and that therefore
they ought to be punished, in order to deter others from following
their example.’ To this Dundee replied with further excuses, still
expressing his inability to see what offence had been done to
Glengarry, and remarking, that ‘if such an accident is a just ground
for raising a disturbance in our small army, we shall not dare to
engage the king’s enemies, lest there may chance to be some of your
name and following among them who may happen to be killed.’
Glengarry continued to bluster, threatening to take vengeance with
his own hand; but in reality he was too much a man of the general
world to be himself under the influence of these Highland feelings—
he only wished to appear before his people as eager to avenge what
they felt to be a just offence. The affair, 1689.
[17]
therefore, fell asleep.
The Earl of Balcarres, having failed to July 4.
satisfy the government about his peaceable
intentions, was put under restraint in Edinburgh Castle, which was
now in the hands of the government. There, he must have waited
with great anxiety for news of his friend Lord Dundee.
‘After the battle of Killiecrankie, where fell the last hope of James
in the Viscount of Dundee, the ghost of that hero is said to have
appeared about daybreak to his confidential friend, Lord Balcarres,
then confined to Edinburgh Castle. The spectre, drawing aside the
curtain of the bed, looked very steadfastly upon the earl, after which
it moved towards the mantel-piece, remained there for some time in
a leaning posture, and then walked out of the chamber without
uttering one word. Lord Balcarres, in great surprise, though not
suspecting that which he saw to be an apparition, called out
repeatedly to his friend to stop, but received no answer, and
subsequently learned that at the very moment this shadow stood
before him, Dundee had breathed his last near the field of
Killiecrankie.’[18]
On the news of the defeat of the government troops, his lordship
had some visits from beings more substantial, but perhaps equally
pale of countenance. In his Memoirs, he tells us of the consternation
of the new councillors. ‘Some were for retiring to England, others to
the western shires of Scotland ... they considered whether to set at
liberty all the prisoners, or make them more close; the last was
resolved, and we were all locked up and debarred from seeing our
friends, but never had so many visits from our enemies, all making
apologies for what was past, protesting they always wished us well, as
we should see whenever they had an opportunity.’
Lord Balcarres was liberated on the 4th of March 1690, on giving
caution for peaceable behaviour, the danger of Jacobite reaction
being by that time abated.
A poor young woman belonging to a July 10.

northern county, wandering southwards in
search of a truant lover, like a heroine of one of the old ballads, found
herself reduced to the last extremity of distress when a few miles
south of Peebles. Bewildered and desperate, 1689.
she threw her babe into the Haystown Burn, and began to wander
back towards her own country. A couple of the inhabitants of
Peebles, fishing in the burn, soon found the body of the infant, and, a
search being made, the wretched mother was discovered at a place
called Jedderfield, brought into town, and put in confinement, as a
suspected murderess. The magistrates of the burgh applied to the
sheriff, John Balfour of Kailzie, to have the supposed culprit taken
off their hands, and tried; but he refused to interfere, owing to ‘the
present surcease of justice’ in the country. Consequently, the
magistrates were ‘necessitate to cause persons constantly guard the
murderer, the prison not being strong enough to secure her.’ On
their petition, the Privy Council allowed the Peebles authorities to
send Margaret Craig, with a guard, to Edinburgh, and ordained her
to be received into the Tolbooth of Leith, till she be processed for the
murder.[19]
This miserable young woman must have lain in prison three years,
for she was tried by the Court of Justiciary in June 1692, and
condemned to be hanged.[20]
There is something interesting in the July 26.

early difficulties of so valuable an
institution as the Post-office. John Graham had been appointed
postmaster-general for Scotland in 1674, with a salary of a thousand
pounds Scots (£83, 6s. 8d. sterling), and had set about his duty with
great spirit. He had travelled to many towns for the purpose of
establishing local offices, thus incurring expenses far beyond what
his salary could repay. He had been obliged on this account to
encroach on money belonging to his wife; also to incur some
considerable debts; nor had he ever been able to obtain any relief, or
even the full payment of his salary from the late state-officers. He
was now dead, and his widow came before the Privy Council with a
petition setting forth how she had been left penniless by her husband
through his liberality towards a public object. It was ordained that
Mrs Graham should get payment of all debts due by provincial offices
to her husband, and have the income of the general office till
Martinmas next.
It is to be feared that Mrs Graham did not profit much by this
order, as on the subsequent 19th of October we find her complaining
that William Mean of the Edinburgh letter-office, and others, had
refused to pay her the arrears declared to be 1689.
due to her; wherefore the order was
renewed.
The general post-mastership was at this time put upon a different
footing, being sold by roup, July 24, 1689, to John Blair, apothecary
in Edinburgh, he undertaking to carry on the entire business on
various rates of charge for letters, and to pay the government five
thousand one hundred merks (about £255 sterling) yearly, for seven
years. The rates were, for single letters to Dumfries, Glasgow, and
Ayr, Dundee, Perth, Kelso, and Jedburgh, two shillings; to Carlisle,
Portpatrick, Aberdeen, and Dunkeld, three shillings; to
Kirkcudbright and Inverness, four shillings, all Scots money.
In October of this year, the above- Oct. 8.
mentioned William Mean was sent with a
macer to the Tolbooth for keeping up letters sent from Ireland ‘untill
payment of the letters were paid to him, albeit the postage were
satisfied in England, and that he had sent back packets to London
which were directed for Ireland.’ Also, ‘notwithstanding the former
order of Council appointing him to deliver in to them any letters
directed for James Graham, vintner, he had kept up the same these
eight or ten days, and had never acquainted any member of Council
therewith.’ He was liberated two days after, on caution for
reappearance under 500 merks. It may be surmised that William
Mean was disposed to take advantage of some regulations of his
office in order to give trouble to the existing government.
In the course of 1690, besides a deliberate robbery of the post-boy
on the road between Cockburnspath and Haddington (see under
August 16th of that year), the fact of the bag frequently coming with
the seals broken, is adverted to in angry terms by the Privy Council.
An edict for the use of official seals and the careful preservation of
these was passed; nevertheless, we soon after hear of the bag or box
coming once more into Edinburgh with the seals broken, Mrs Gibb,
the post-mistress at the Canongate post,[21] sent for, Mrs Mean of the
letter-office also called up, and much turmoil and fume for a while,
but no sort of decisive step taken in consequence. It is to be observed
that the post from the English to the Scottish capital was at this time
carried on horseback with a fair degree of speed. English
parliamentary proceedings of Saturday are noted to be in the hands
of the Edinburgh public on the ensuing Thursday.[22]
Alexander Irvine of Drum, the 1689. Sep.
representative of a distinguished historical
family in Aberdeenshire, was unfortunately weak both in mind and
body, although it is related that he could play well on the viol, and
had picked up the then popular political tune of Lullibullero in the
course of a few days. Under sanction of the Privy Council, Dr David
Mitchell of Edinburgh undertook to keep him in his house in a style
befitting his quality, and with the care required by his weakly
condition, and for this purpose hired some additional rooms, and
made other necessary furnishings and preparations. The laird came
to him at the close of July, but before the end of August, Marjory
Forbes had induced the laird to own her as his wife, and it became
necessary that Drum should leave his medical protector. A petition
being presented by Dr Mitchell for payment of board and
recompense for charges thus needlessly incurred, he was allowed by
the Lords £500 Scots, or £41, 13s. 4d. sterling, over and above
twenty pieces he had received for a professional visit paid to the
laird’s Aberdeenshire castle, to arrange for his migration to
Edinburgh.[23]
James Broich, skipper of Dundee, was proceeding in his scout to

Norway with a small parcel of goods, and a thousand pounds Scots
wherewith to buy a larger vessel. In mid-sea he fell in with a French
privateer, who, after seizing cargo and money, having no spare hands
to leave on board, proceeded to cut holes in the vessel, in order to
sink her, proposing to put the unfortunate crew to their boat, in
which case they must have perished, ‘there being then a great stress.’
By the prayers and tears of the skipper and his people, the privateer
was at length induced to let them go in their vessel, but not without
first obtaining a bond from Broich, undertaking to remit six hundred
guelders to Dunkirk by a particular day. As a guarantee for this
payment, the rover detained and carried off the skipper’s son, telling
him he would hear no good of him if the money should fail to be
forthcoming.
Poor Broich got safe home, where his case excited much
commiseration, more particularly as he had suffered from shipwreck
and capture four times before in the course of his professional life.
He was penniless, and unable to support his family; his son, also
—‘the stay and staff of his old age’—had a wife and small children of
his own left desolate. Here was a little 1689.
domestic tragedy very naturally arising out
of the wars of the Grand Monarque! Beginning in the council-room
of Versailles, such was the way they told upon humble industrial life
in the port of Dundee in Scotland. It was considered, too, that the
son was in ‘as bad circumstances, in being a prisoner to the French
king, as if he were a slave to the Turks.’
On the petition of Broich, the Privy Sep. 2.
Council ordained a voluntary contribution
to be made for his relief in Edinburgh, Leith, Borrowstounness, and
Queensferry, and in the counties of Fife and Forfar.
In a contemporary case, that of a crew of Grangepans, carried by a
privateer to Dunkirk, and confined in Rochefort, it is stated that they
were each allowed half a sous per diem for subsistence, and were
daily expecting to be sent to the galleys.[24]
It was now acknowledged of the glass- Oct. 10.

work at Leith, that it was carried on
successfully in making green bottles and ‘chemistry and apothecary
glasses.’ It produced its wares ‘in greater quantity in four months
than was ever vended in the kingdom in a year, and at as low rates as
any corresponding articles from London or Newcastle.’ The Privy
Council therefore gave it the privileges of a manufactory, and forbade
introduction of foreign bottles, only providing that the Leith work
should not charge more than half-a-crown a dozen.
The magistrates of Edinburgh were Dec. 2.

ordered to put William Mitchell upon the
Tron, ‘and cause the hangman nail his lug [ear] thereto,’ on
Wednesday the 4th instant, between eleven and twelve in the
forenoon, with a paper on his breast, bearing ‘that he stands there for
the insolencies committed by him on the Guards, and for words of
reflection uttered by him against the present government.’[25]
A large flock of mere-swine (porpoises?) 1690. Feb. 2.
having entered the Firth of Forth, as often
happens, and a considerable number having come ashore, as seldom
happens, at Cramond, the tenants of Sir John Inglis, proprietor of
the lands there, fell upon them with all possible activity, and slew
twenty-three, constituting a prize of no inconsiderable value. After
fastening the animals with ropes, so as to prevent their being carried
out to sea—for the scene of slaughter was 1690.
half a mile in upon a flat sandy beach—the
captors sold them for their own behoof to Robert Douglas, soapboiler
in Leith, fully concluding that they had a perfect right to do so, seeing
that mere-swine are not royal fish, and neither had they been cast in
dead, in which case, as wrack, I presume, they would have belonged
to the landlord.
The greater part of the spoil had been barrelled and transported to
Leith—part of the price paid, too, to the captors—when John Wilkie,
surveyor there, applied to the Privy Council for a warrant to take the
mere-swine into his possession and dispose of them for the benefit of
such persons as they should be found to belong to. He accordingly
seized upon the barrels, and disposed of several of them at eleven
pounds four shillings per barrel, Douglas protesting loudly against
his procedure. On a petition, representing how the animals had been
killed and secured, Wilkie was ordained to pay over the money to
Douglas, deducting only his reasonable charges.
A few hot-headed Perthshire Jacobites, Feb. 28.

including [George] Graham of Inchbrakie,
David Oliphant of Culteuchar, and George Graham of Pitcairns, with
two others designed as ensigns, met to-day at the village of Dunning,
with some other officers of the government troops, and, getting
drink, began to utter various insolencies. They drank the health of
King James, ‘without calling him the late king,’ and further
proceeded to press the same toast upon the government officers. One
of these, Ludovick Grant, quarter-master of Lord Rollo’s troop, was
prudentially retiring from this dangerous society, when Ensign
Mowat cocked a pistol at him, saying: ‘Do you not see that some of us
are King William’s officers as well as you, and why will ye not drink
the health as well as we?’ Grant having asked him what he meant by
that, Inchbrakie took the pistol, and fired it up the chimney—which
seems to have been the only prudential proceeding of the day. The
party continued drinking and brawling at the place, till James
Hamilton, cornet of Rollo’s troop, came with a party to seize them,
when, drawing their swords, they beat back the king’s officer, and
were not without great difficulty taken into custody. Even now, so far
from being repentant, Inchbrakie ‘called for a dishful of aqua vitæ or
brandy, and drank King James’s health,’ saying ‘they were all knaves
and rascals that would refuse it.’ He said ‘he hoped the guise would
turn,’ when Lord Rollo would not be able to keep Scotland, and he
would get Duncrub [Lord Rollo’s house and 1690.
estate] to himself. His fury against the
soldiers extended so far, that he called for powder and ball to shoot
the sentinels placed over him, and ‘broke Alexander Ross’s face with
ane pint-stoup.’ Even when borne along as prisoners to Perth, and
imprisoned there, these furious gentlemen continued railing at Lord
Rollo and his troop, avowing and justifying all they had done at
Dunning.
The offenders, being brought before the Privy Council, gave in
defences, which their counsel, Sir David Thores, advocated with such
rash insolency that he was sent away to prison. The culprits were
punished by fines and imprisonment. We find them with great
difficulty clearing themselves out of jail six months after.[26]
In religious contentions, there is a cowardice in the strongest

ascendency parties which makes them restlessly cruel towards
insignificant minorities. The Roman Catholics in Scotland had never
since the Reformation been more than a handful of people; but they
had constantly been treated with all the jealous severity due to a
great and threatening sect. Even now, when they were cast lower
than at any former time, through the dismal failure of King James to
raise them, there was no abatement of their troubles.
It was at this time a great inconveniency to any one to be a
Catholic. As a specimen—Alexander Fraser of Kinnaries, on the
outbreak of the Revolution, to obviate any suspicion that might arise
about his affection to the new government, came to Inverness, and
put himself under the view of the garrison there. Fears being
nevertheless entertained regarding him, he was sent to prison.
Liberated by General Mackay upon bail, he remained peaceably in
Inverness till December last, when he was sent to Edinburgh, and
there placed under restraint, not to move above a mile from town. He
now represented the hardship he thus Mar. 2.
suffered, ‘his fortune being very small, and
the most of his living being only by his own labouring and industry.’
‘His staying here,’ he added, ‘any space longer must of necessity tend
to his own and his family’s utter ruin.’ With difficulty, the Lords were
induced to liberate him under caution.
Mr David Fairfoul, a priest confined in prison at Inverness, only
regained his liberty by an extraordinary accident. James Sinclair of
Freswick, a Caithness gentleman, had chanced a twelvemonth before
to be taken prisoner by a French privateer, 1690.
as he was voyaging from his northern home
to Edinburgh. Having made his case known to the Scottish Privy
Council, he was relieved in exchange for Mr Fairfoul (June 5, 1690).
About the end of the year, we find a considerable number of
Catholics under government handling. Steven Maxwell, who had
been one of the two masters in the Catholic college at
Holyroodhouse, lay in durance at Blackness. John Abercrombie, ‘a
trafficker,’ and a number of other priests recently collected out of the
Highlands, were immured in the Tolbooth of Edinburgh. Another,
named Mr Robert Davidson, of whom it was admitted that ‘his
opinion and deportment always inclined to sobriety and moderation,
shewing kindness and charity to all in distress, even of different
persuasions, and that he made it no part of his business to meddle in
any affairs, but to live peaceably in his native country for his health’s
sake,’ had been put into Leith jail, with permission to go forth for two
hours a day, under caution to the amount of fifty pounds, lest his
health should suffer.
At this very time, a fast was under order of the General Assembly,
with sanction of the government, with a reference to the
consequences of the late oppressive government, citing, among other
things, ‘the sad persecutions of many for their conscience towards
God.’[27]
Apr. 25.
It was declared in the legislature that there were ‘frequent murders
of innocent infants, whose mothers do conceal their pregnancy, and
do not call for necessary assistance in the birth.’ It was therefore
statute, that women acting in this secretive manner, and whose
babes were dead or missing, should be held as guilty of murder, and
punished accordingly.[28] That is to say, society, by treating
indiscretions with a puritanic severity, tempted women into
concealments of a dangerous kind, and then punished the crimes
which itself had produced, and this upon merely negative evidence.
Terrible as this act was, it did not wholly avail to make women
brave the severity of that social punishment which stood on the other
side. It is understood to have had many victims. In January 1705, no
fewer than four young women were in the Tolbooth of Aberdeen at
once for concealing pregnancy and 1690.
parturition, and all in a state of such
poverty that the authorities had to maintain them. On the 23d July
1706, the Privy Council dealt with a petition from Bessie Muckieson,
who had been two years ‘incarcerat’ in the Edinburgh Tolbooth on
account of the death of a child born by her, of which Robert Bogie in
Kennieston, in Fife, was the father. She had not concealed her
pregnancy, but the infant being born in secret, and found dead, she
was tried under the act.
At her trial she had made ingenuous confession of her offence,
while affirming that the child had not been ‘wronged,’ and she
protested that even the concealment of the birth was ‘through the
treacherous dealing and abominable counsel of the said Robert
Bogie.’ ‘Seeing she was a poor miserable object, and ane ignorant
wretch destitute of friends, throwing herself at their Lordships’
footstool for pity and accustomed clemency’—petitioning that her
just sentence might be changed into banishment, ‘that she might be a
living monument of a true penitent for her abominable guilt’—the
Lords looked relentingly on the case, and adjudged Bessie to pass
forth of the kingdom for the remainder of her life.[29]
It was seldom that such leniency was shewn. In March 1709, a
woman named Christian Adam was executed at Edinburgh for the
imputed crime of child-murder, and on the ensuing 6th of April, two
others suffered at the same place on the same account. In all these
three cases, occurring within four weeks of each other, the women

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Cornerstones of Managerial Accounting

Canadian 2nd Edition Mowen Test Bank

1. Which accounting method is used for external reporting?

2. Which of the following best defines variable costing?

3. What is the primary difference between variable and absorption costing?

Copyright © 2015 Nelson Education Limited. 8-1

5. Which of the following types of costs is NOT included in product cost?

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17. What is the formula to calculate ordering cost?

18. What is the formula to calculate total carrying cost?

19. What is the economic order quantity (EOQ)?

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What were the sales in tons for the year?

28. Which of the following would NOT be considered a segment?

29. Which of the following occurs under a JIT system?

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Triple M Company had the following data for the month:

41. Refer to the Figure. What is the EOQ for Benton?

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Westwood Company has the following information the current year:

Selling price $300 per unit

Stosho Company incurred the following costs in manufacturing desk calculators:

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The following information pertains to Shark Corporation:

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Assume the following information for Green Bluff’s #1 Product Line:

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66. Product cost includes all costs of the company.

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75. JIT relies on a push system to control finished goods inventory.

B. Variable product costs per unit $ 106.00

84. What are the traditional reasons for carrying inventory?

85. To avoid shutting down manufacturing facilities because of:]

PTS: 1 DIF: Medium REF: p.384 OBJ: 8.1

Handles potential machine breakdowns by engaging in continual preventive

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86. Fixed factory overhead for units sold

87. Direct labour for units sold

88. Variable overhead for units sold

89. Administrative expense

90. Direct materials for units sold

91. Variable selling expense

92. Fixed selling expense

93. Fixed factory overhead for the period

Match each statement with the correct item below.

94. Carrying costs

95. Economic order quantity

97. Ordering costs

98. Stockout costs

Copyright © 2015 Nelson Education Limited. 8-36

There had been for some time in Scotland June 7.

It is incidental to liberating and reforming parties that they seldom

The chief of the clan Mackintosh, usually June.

A poor young woman belonging to a July 10.

There is something interesting in the July 26.

James Broich, skipper of Dundee, was proceeding in his scout to

It was now acknowledged of the glass- Oct. 10.

The magistrates of Edinburgh were Dec. 2.

A few hot-headed Perthshire Jacobites, Feb. 28.

In religious contentions, there is a cowardice in the strongest

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