ACCA英国注册会计师试题及答案_ACCA英国注册会计师考试练习题P62-新东方在线职业题库

Which type of standard cost is most useful for monitoring trends in performance over time?

A

Attainable standard

B

Basic standard

C

Current standard

D

Ideal standard

What is the quick ratio of the company?

A

1.75

B

2.56

C

2.88

D

3.20

Which of the following describes a 'basic standard' within the context of budgeting?

A

A standard which is kept unchanged over a period of time

B

A standard which is based on current price levels

C

A standard set at an ideal level, which makes no allowance for normal losses, waste and machine downtime

D

A standard which assumes an efficient level of operation, but which includes allowances for factors such as normal loss, waste and machine downtime

What is the current ratio of the company?

A

1.75

B

2.56

C

2.88

D

3.20

Which of the following statements about standard costing is NOT true?

A

Standard costing is useful where products are customised to a customer's specifications.

B

Standard costing provides useful information to assist management in controlling costs

C

Standard costing makes it easier to value inventory

D

Standard costing can be used to predict future costs and set budgets

Ideal standards are long-term targets.

A

True

B

False

A company uses a standard absorption costing system. Last month budgeted production was 8,000 units and the standard fixed production overhead cost was $15 per unit. Actual production last month was 8,500 units and the actual fixed production overhead cost was $17 per unit.What was the total adverse fixed production overhead variance for last month?

A

$7,500

B

$16,000

C

$17,000

D

$24.500

A cost centre had an overhead absorption rate of $4.25 per machine hour, based on a budgeted activity level of 12,400 machine hours.In the period covered by the budget, actual machine hours worked were 2% more than the budgeted hours and the actual overhead expenditure incurred in the cost centre was $56,389.What was the total over or under absorption of overheads in the cost centre for the period?

A

$1,054 over absorbed

B

$2,635 under absorbed

C

$3,689 over absorbed

D

$3,689 under absorbed

材料全屏

30

【简答题】

From the information provided calculate

(i) The actual price paid per kg for the direct material

(ii) The standard quantity that should have been used for actual production.

Which of the following is likely to lead to the variances stated above?

A

lower quality direct material has been purchased

B

higher quality direct material has been purchased

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