1
CHAPTER 2 Multiple Choice Questions – Theoretical
1. 2. 3. 4. 5.
c b a b a
6. 7. 8. 9. 10.
b c b b a
11. 12. 13. 14. 15.
a a a a a
Multiple Choice ! Co"putatio#al 1.
$a%
10,000 x P500 10,000 2.
+
P1 x .20 x 10,000 2
=
$a%
1,000 + 1,500 = (100x 20) + Q Q = 500 units 3.
$a%
!"Q =
2 x 5,200 x P250 P5
= #21 4.
$a%
5,200$#21 = #.2
5.
$a%
% = 10,000, P = P225, P225, C = P225
6.
!"Q =
2 %P C
= =
. .'2 '2 erses
=
2 x 10,000 x P225 10
$a%
*uer o- orers per ear =
= =
% !"Q 1/.0 15 orers
=
10,000
P1,500
2 7.
$a%
%ean each orin3 a
=
% *uer o- 4orin3 as
=
10,000 &5 2#./0 erses per a
= Purchase lea tie = 6eor 6eore err poin pointt = = 8.
$a%
2
9.
# as 2#./ 2#./0 0 x # 11.'0 or 12 erses
x 50,000 x P5 P2
+
7(#0 9 0) x /08
0 ( 10,000 10,000 $ 250) 250) + /0 ( #0 9 0)
11.
Safety Stock
Expected Stockout
Stockhout Cost
10 20 50 55
2.5 1.5 .5 .25
P200 120 /0 20
Carrying Cost P 20 &0 100 110
$a%
+
2,000
= 2,'00
$a%
P.12 + P.10 + 13.
= 2,'00
$a%
(1,/00 9 &00) 12.
500
$a%
7(10,000 $ 250) x 08
10.
=
P'00 10,000
= .0
$a%
"P
= =
(#,200 $ 2,/00) x (/5 – 20) 20 (#,200 $ 2/0) + #50
= #50 = 1,50
Stockhout and Carrying costs P220 1'0 1/0 10
14.
$a%
2 x 6: x C" C: x CC 2 x 1,000 x P50 P100 x .15&25 !"Q
= = =
15.
&,/00 &/00 '0
$a%
"rer Cost
= 6: x C" !"Q = 1,000 x P50 '0 = P&25
16.
$a%
CC
17.
= = =
; x !"Q x C: x CC ; x '0 x P1 P100 x .15&25 P&25
$a%
1/0 + (100 x # as) = '/0
18.
$a%
1/0 + (1,000 $ 2) = &/0 19.
$a%
1/0 + 1,000 = 1,1/0
20.
$a%
1,000 =
2 x 25,000 x C" C" P1
1,000 =
50,000 x C"
1,000,000 = P50,000 x C" C" = P20
/ 21.
$a%
!"Q
22.
=
2 x 20,000 x P1&0 P1.&0
=
2,000 ars.
$a%
20,000 $ 2,000 = 10 orer 23.
$a%
%ean each 4orin3 a
= = = =
Purchasin3 lea tie 6eorer point
= =
2 4ees /00 x 2 = '00 ars
5
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ua#tit
hippin3 hippin 3 >nstructions >nstructi ons %ate ante /$1#$0'
ec-iptio#
/,0 '/0 1,'0
10 – 2@ x /@ plastic sheetin3 122 – @ x 5@ plastic sheetin3 1/2 – /@ x &@ plastic sheetin3
)#it P-ice
A"ou#t
P1.20 1.0 2.&0
P5,2&'.00 1,5&.00 /,1/.00 P11,##'.00
A
2.
(tuentBs (tue ntBs *ae) Purchasin3 <3ent
Char3e
Receii#/ Repo-t
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all Proucts 5/ est
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&hip :ia ua#tit Receie /,0 '/ 1,'0
Receii#/ Repo-t
Eeex
ate Receie /$/$0' Purchase "rer *o. 1// >n?oice *o. 5
Tansport Char3es
ua#tit Accepte /,250 '/0 1,'0
403
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ua#tit Re;ecte 1/0 909 909
(tuentBs *ae)
ec-iptio#
1092@x/@ plastic sheetin3 1029@x5@ plastic sheetin3 109/@x&@ plastic sheetin3
/25 210 /5
*#pectio# Reco- ua#tit Accepte
/,250 ate
ua#tit Retu-#e
1/0
Reao# o- Re;ectio#
>per-ec >per-ections tions in the sheets. sheets. %o not replace replace *#pecte b
( tuentBs *ae)
& 3.
ebit Me"o-a#u" ebit Me"o-a#u" +o.
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all Proucts 5/ est
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A"ou#t
1/0 1/0
&// &//
10 10 – 2@ x /@ plas plasti ticc shee sheeti tin3 n3
P1.2 P1.20 0
P1&' P1&'.0 .00 0
Retu-#e :ia
4.
ate /$1$200' *#oice +o. 5 *#oice ate /$1#$200'
ua#tit
E=pla#atio#
0'5
Crac in the sheets. sheets. %o not replace. replace. Eeex
(tuentBs *a) Pu-chai#/ A/e#t
ibu-e"e#t :o :ouche*&,)R&EME+T :')CHER :ouche- +o. *ue ate ue ate
,i/ Ma#uactu-e- 123 Molae &t-eet ai-ie Ae. C Paee
0#/0 /$1$200' 5$2#$200'
all Proucts 5/ est
*#oice ate
Te-"
/$1#$200'
2$10, n$0
*#oice +o. 5 Fess %M 0'5
A"ou#t P 11,##'.00 1&'.00 P 11,&10.00
et-ibutio# Accou#t u#t +o. 121
5.
A"ou#t P11,&10.00
Chec hec> +o. AP> 00012# App-oe ,
< reGuest reGuest -or a purchase ust e ae an authoriHe person. < purchase orer ust e prepare an appro?e an authoriHe person.
# P-oble" 2!2 2008 'ct. 24
25
Materials ouchers paya!le "o record #oucher to eterans Corp. $n in#oice of $cto!er 2% for &,'00 units, $f (hich 5%0 (ere returned.
92,235.00
ouchers paya!le )urchase discounts Cash "o record pay+ent of oucher 0%& ote- o ournal entries are are needed for the "ransactions on $cto!er &, 5, and 2%.
92,235.00
92,235.00
922.35 9%,%3%.*5
P-oble" 2!3
:')CHER RE?*&TER :ouche+o.
ate March
01 02 0 0 0/
Paable to Fi uppl Copan Tan Corporation Copan "n3 Copan
o- the Mo#th o - March, 200'
Pai ate Chec>. Chec>. +o.
:ouchePaable C- 201
Mate-ial -. -. 121
P1#,'#1.00 /2,0.50 1&,'&.00 20','21.00 2'&,51'.50
P1#,'#1.00 /2.0.50 1&,'&.00 20','21.00 2'&,51'.50