快速查题-ACCA英国注册会计师试题

WQT Co manufactures a single product and an extract from their flexed budget for production costs is as follows.

                                                                                                                       Activity level

                                                                                                                  80%                  90%

                                                                                                                    $                       $

Direct material                                                                                          2,400                  2,700

Labour                                                                                                      2,120                  2,160

Production overhead                                                                                4,060                  4,080 

                                                                                                                 8,580                  8,940

What would the total production cost allowance be in a budget flexed at the 83% level of activity? (to the nearest $)

Which of these statements is untrue?

ix years ago material M cost $10 per kg and the price index most appropriate to the cost of material M was 130. The same index now stands at 510.What is the best estimate of the current cost of material M per kg?

Which of the following are common applications of spreadsheets used by management accountants?

(i) Variance analysis

(ii) Cash flow budgeting and forecasting

(iii) Preparation of financial accounts

A spreadsheet is unlikely to be used for which of the following tasks?

The following question is taken from the December 2012 exam paper. The following data relates to a company's overhead cost.

      Time  (units)            Output                Overhead cost  ($)             Price  index

          2 years ago           1,000                               3,700                        121

         Current year           3,000                             13,000                         155

Using the high low technique, what is the variable cost per unit (to the nearest $0.01) expressed in current year prices?

The following question is taken from the June 2013 exam paper.

An additive time series has the following trend and seasonal variations:

Trend Y=4,000 + 6X where Y= sales in units

X is the number of quarters, with the first quarter of 2014 being 1, the second quarter of 2014 being 2 etc. Seasonal variation

Quarter                              1       2     3       4

Quarterly variation (units)  -4     -2    +1    +5

What is the forecast sales volume for the fourth quarter of 2015?

Quality control costs can be categorised into internal and external failure costs, inspection costs and prevention costs. In which of these four classifications would the following costs be included?

The costs of a customer service team

The cost of equipment maintenance

The cost of operating test equipment

                                                           Internal failure costs     External failure costs      Inspection costs     Prevention costs

Cost of the a customer service team    

Cost of equipment maintenance    

Cost of operating test equipment    

 If there had been a normal process loss of 10% of input during the month what would the value of this loss have been?