(2) TSMC has budgeted construction overhead for August of $435,000 for fixed costs. Actual costs for the month totaled for $450,000 for fixed. Allocated fixed overhead totaled $430,000. The company tracks each item in an overhead control account before allocations are made to individual jobs. The fixed overhead spending variance for August was $15,000 unfavorable for fixed.

Required:

Make journal entries to record the actual costs incurred as well as the variances for August.

(3) MILKBOTTLE bought a 2,000-acre island for $10,000,000 and divided it into 200 equal size lots. As the lots are sold, they are cleared at an average cost of $5,000. Storm drains and driveways are installed at an average cost of $8,000 per site. Sales commissions are 10% of selling price. Administrative costs are $850,000 per year. The average selling price was $160,000 per lot during 2025 when 50 lots were sold. During 2026, the company bought another 2,000-acre island and developed it exactly the same way. Lot sales in 2026 totaled 300 with an average selling price of $160,000. All costs were the same as in 2025. Required: Determine operating income for both years using both absorption costing and variable costing.

3. Linda Company reaches its breakeven point at $2,000,000 of revenues. At present, it is selling 60,000 units. The unit variable cost is $40 and the total fixed cost is $400,000. Required: (1) Compute the contribution margin ratio. (4%)

(2) Compute the unit price. (4%)

(3) Compute the margin of safety ratio and the degree of operating leverage. (8%)

(4) What is the relationship between profit ratio, contribution margin ratio and margin of safety ratio? (4%)

4. Taipei Company produces a special toy. The various unit costs are as follows: | Direct material | $160 | | --- | --- | | Direct labor | $220 | | Variable manufacturing overhead | $100 | | Fixed manufacturing overhead | $160 | Variable marketing expense: 16% of the unit price Suppose Taipei uses a 25% markup on the full unit cost. Compute the unit price of the toy. (10%)

5. Agnetha division is an investment center of Abba Company. Agnetha collected the following information about its performance: | Profits | $200,000 | | --- | --- | | Investment turnover | 5 | | Residual income | $100,000 | Abba's required rate of return is 10%. Required: (1) Compute the return on investment of Agnetha division. (10%)

(2) Compute the return on sales of Agnetha division. (10%)

115年 - 115 國立臺北大學_碩士班一般入學考試試題_會計學系：成本與管理會計學#147036

114年 - 114 國立臺北大學_碩士班一般入學考試試題_會計學系：成本與管理會計學#146936

111年 - 111 國立臺北大學_碩士班一般入學考試試題_會計學系：成本與管理會計學#146952

109年 - [非官方正解]109 輔仁大學_碩士班招生考試_會計學系：成本學與管理會計學#105745

108年 - 108 國立臺北大學_碩士班一般入學考試試題_會計學系：成本與管理會計學#146948