快速查题-ACCA英国注册会计师试题

How would the above decision change if Pawns, Rooks and Bishops were manufactured in different departments, variable costs could be split down into the costs of direct materials, labour and overheads, and fixed costs could be analysed into the costs of administrative staff and equipment and premises costs? 

The following bank reconciliation statement has been prepared for a company：

                                                                                       $

Overdraft per bank statement                                     39,800

Add: Deposits credited after date                               64,100

                                                                                   103,900

Less: Unpresented cheques presented after date     44,200

Overdraft per cash book                                             59,700

Assuming the amount of the overdraft per the bank statement of $39,800 is correct, what should be the balance in the cash

book?

Choose the correct word(s) from those highlighted. 

In a situation where a company must subcontract work to make up a shortfall in its own in-house capabilities, its total cost will be minimised if those units bought out from a subcontractor/made in-house have the lowest/highest extra variable/fixed cost of buying out/making in-house per unit of scarce resource/material. 

Listed below are five potential causes of difference between a company's cash book balance and its bank statement balance

as at 30 November 20X3:

1 Cheques recorded and sent to suppliers before 30 November 20X3 but not yet presented for payment

2 An error by the bank in crediting to another customer's account a lodgement made by the company

3 Bank charges

4 Cheques paid in before 30 November 20X3 but not credited by the bank until 3 December 20X3

5 A cheque recorded and paid in before 30 November 20X3 but dishonoured by the bank

Which one of the following alternatives correctly analyses these items into those requiring an entry in the cash book and those that would feature in the bank reconciliation?

 Cash book entry              Bank reconciliation

Fill in the blanks. 

Most of the decisions considered in this chapter involve calculating …………………….. obtained from various options after identifying ……………………….. . They always involve ………………………….  issues, which depend on the precise situation described. 

The bookkeeper of Peri made the following mistakes：Discount allowed $3,840 was credited to discounts received account.

Discount received $2,960 was debited to discountsallowed account. Discounts were otherwise correctly recorded.Which one

of the following journal entries will correct the errors?

Dr   Cr

$     $

A company uses its direct labour workforce to make a product for which the sales price and unit cost are as follows.  

                                                                                             $ 

Selling price                                                                     80 

Direct materials                                                              10 

Direct labour (2 hours)                                                  20 

Variable overheads (2 hours)                                        4 

Fixed overheads (2 hours)                                           30 

The workforce is operating at full capacity and it is not possible to obtain any additional labour hours in the near future. A customer has asked the company to perform a special job that would require 20 hours of direct labour time. 

What would be the relevant cost of diverting labour from its existing work to perform the special job for the customer? 

The following are balances on the accounts of Luigi, a sole trader, as at the end of the current financial year and after all

entries have been processed and the profit for the year has been calculated

The following balances have been extracted from the nominal ledger accounts of Tanya, for bank loan is unknown. There are no other accounts in the main ledger

.Payables $  27,000

Capital 66,000

Purchases 160,000

Sales 300,000O

ther expenses 110,000

Receivables 33,000

Purchase returns 2,000

Non-current assets 120,000

Cash in bank 18,000

Bank loan UnknownWhat is the credit balance on the bank loan account?