問題1
An ice cream manufacturer experiences regular fluctuations in sales.
Which component in a time series do these fluctuations represent?
An ice cream manufacturer experiences regular fluctuations in sales.
Which component in a time series do these fluctuations represent?
正確答案: C
問題2
Which THREE of the following are functional budgets?
Which THREE of the following are functional budgets?
正確答案: B,D,E
問題3
Budgeted sales and production for Product X for this period are 12,000 units.
The standard cost and selling price for a single unit of the product are:
The fixed production overhead expenditure variance is:
Budgeted sales and production for Product X for this period are 12,000 units.
The standard cost and selling price for a single unit of the product are:
The fixed production overhead expenditure variance is:
正確答案: B
問題4
A decision tree is being evaluated back to a decision point.
There are two alternatives at this point:
1. To abandon the project and generate a return of $435,000;
2. To continue with the project and generate the following possible returns:
What value should be included at the decision point?
A decision tree is being evaluated back to a decision point.
There are two alternatives at this point:
1. To abandon the project and generate a return of $435,000;
2. To continue with the project and generate the following possible returns:
What value should be included at the decision point?
正確答案: B
問題5
A company's budgeted data for the period are shown in the table below.
There is a stepped increase in fixed overheads of $10,000 when production exceeds 52,000 units.
Actual production for the period was 60,000 units.
What is the flexed budgeted cost for the period?
Give your answer as a whole number (in '000s).
A company's budgeted data for the period are shown in the table below.
There is a stepped increase in fixed overheads of $10,000 when production exceeds 52,000 units.
Actual production for the period was 60,000 units.
What is the flexed budgeted cost for the period?
Give your answer as a whole number (in '000s).
正確答案:
$3070000
問題6
GH manufactures a product using skilled labour and high quality materials. The company operates a standard costing system and a just-in-time (JIT) purchasing and production system. The standard selling price and variable costs for one unit of the product are as follows:
Calculate the following variances for October, taking account of the more detailed information regarding the labour mix:
(i) The total labour efficiency variance
(ii) The total labour mix variance
(iii) The total labour yield variance
Select the correct statements.
GH manufactures a product using skilled labour and high quality materials. The company operates a standard costing system and a just-in-time (JIT) purchasing and production system. The standard selling price and variable costs for one unit of the product are as follows:
Calculate the following variances for October, taking account of the more detailed information regarding the labour mix:
(i) The total labour efficiency variance
(ii) The total labour mix variance
(iii) The total labour yield variance
Select the correct statements.
正確答案: B,D,F
問題7
The daily demand for a perishable product has the following probability distribution:
Each unit of the product costs $6 and is sold for $10.
Unsold items are thrown away at the end of the day.
Orders must be placed each morning before the daily demand is known.
The payoff table below shows the profit that would be earned for each of the combinations of purchases and demand.
The number of units that should be purchased at the beginning of each day in order to maximize expected profit is:
The daily demand for a perishable product has the following probability distribution:
Each unit of the product costs $6 and is sold for $10.
Unsold items are thrown away at the end of the day.
Orders must be placed each morning before the daily demand is known.
The payoff table below shows the profit that would be earned for each of the combinations of purchases and demand.
The number of units that should be purchased at the beginning of each day in order to maximize expected profit is:
正確答案:
400 units
問題8
The inventory level of Product Y has reduced by 40 units over a single period. The cost card for Product Y is as follows:
The profit for Product Y using marginal costing is $26,000.
If the company used absorption costing, what would the profit for Product Y be?
Give your answer to the nearest whole $.
The inventory level of Product Y has reduced by 40 units over a single period. The cost card for Product Y is as follows:
The profit for Product Y using marginal costing is $26,000.
If the company used absorption costing, what would the profit for Product Y be?
Give your answer to the nearest whole $.
正確答案:
$24600
問題9
Your company operates using TQM. As the accountant you have been tasked with producing a quality report so that management can understand how well their new range of products is being received and how the quality of the products has improved. In order to produce the report you have requested information from different departments, but you soon realise not all the information is relevant. You have information regarding the following:
Cost of downtime Training costs Environmental costs Customer returns and refunds Number of defects per unit Which pieces of information are relevant to your report? Select ALL that apply.
Your company operates using TQM. As the accountant you have been tasked with producing a quality report so that management can understand how well their new range of products is being received and how the quality of the products has improved. In order to produce the report you have requested information from different departments, but you soon realise not all the information is relevant. You have information regarding the following:
Cost of downtime Training costs Environmental costs Customer returns and refunds Number of defects per unit Which pieces of information are relevant to your report? Select ALL that apply.
正確答案: A,C
問題10
A company develops computer software programs to meet each client's specific requirements. The management accountant is considering introducing a standard costing system.
Which THREE of the following are reasons that support the case for the company's introduction of a standard costing system?
A company develops computer software programs to meet each client's specific requirements. The management accountant is considering introducing a standard costing system.
Which THREE of the following are reasons that support the case for the company's introduction of a standard costing system?
正確答案: A,B,C