快速查题-ACCA英国注册会计师试题

Bortamord anticipates that a 90% learning curve will apply to the production of a new item. The first item will cost $2,000 in materials, and will take 500 labour hours. The cost per hour for labour and variable overhead is $5.  

You are required to calculate the total cost for the first unit and for the first eight units. 

 WX acquired 75% of the equity share capital of YZ several years ago. At 31 March 20X6 WX had goods in inventory valued at cost of $60,000, that had been purchased from YZ at a mark-up of 20%.

What is the effect on the profit attributable to the non-controlling interest, and the profit attributable to the parent company for

the year ended 31 March 20X6?

Profit attributable to non-controlling interest Profit attributable to WX

BL is planning to manufacture a new product, product A. Development tests suggest that 60% of the variable manufacturing cost of product A will be affected by a learning and experience curve. This learning effect will apply to each unit produced and continue at a constant rate of learning until cumulative production reaches 4,000 units, when learning will stop. The unit variable manufacturing cost of the first unit is estimated to be $1,200 (of which 60% will be subject to the effect of learning), while the average unit variable manufacturing cost of four units will be $405. 

Required 

Calculate the rate of learning that is expected to apply. 

 P owns 80% of the equity share capital of S The profit after tax of S for the year ended 31 December 20X6 was $60 million.

During 20X6, P sold goods to S for $4 million at cost plus 20%. At the year end 50% of these goods were left in the inventory

of S.

What is non-controlling interest share of the after-tax profit of S for the year ended 31 December 20X6?

XX is aware that there is a learning effect for the production of one of its new products, but is unsure about the degree of learning. The following data relate to this product. 

Time taken to produce the first unit                                               28 direct labour hours

 Production to date                                                                           15 units 

Cumulative time taken to date                                                       104 direct labour hours 

What is the percentage learning effect? 

The costs of production runs consist of a mix of fixed and variable elements. The lowest number of production runs during the year was 120 during February, the highest number 150 during October. If the total costs of production runs in February were $80,000 and in October were $95,000, calculate the fixed and variable cost elements. 

In an emergency situation, a person may need to take control of another party's goods and deal with them appropriately.  

What type of agency is this known as? 

 Which of the following is included in an agent's ostensible authority? 

 In which of the following circumstances will an agent's apparent authority arise? 

 In which of the following circumstances will an agency relationship NOT be terminated?