快速查题-ACCA英国注册会计师试题

Under absorption costing, the total cost of a product will include:

A company has established a marginal costing profit of $72,300. Opening inventory was 300 units and closing inventory is 750 units. The fixed production overhead absorption rate has been calculated as $5/unit.What was the profit under absorption costing?

A company produces and sells a single product whose variable cost is $6 per unit.Fixed costs have been absorbed over the normal level of activity of 200,000 units and have been calculated as $2 per unit.The current selling price is $10 per unit.How much profit is made under marginal costing if the company sells 250,000 units?

A company which uses marginal costing has a profit of $37,500 for a period. Opening inventory was 100 units and closing inventory was 350 units.The fixed production overhead absorption rate is $4 per unit.What is the profit under absorption costing?

A company manufactures and sells a single product. For this month the budgeted fixed production overheads are $48,000, budgeted production is 12,000 units and budgeted sales are 11,720 units.The company currently uses absorption costing.If the company used marginal costing principles instead of absorption costing for this month, what would be the effect on the budgeted profit?

A company operates a standard marginal costing system. Last month its actual fixed overhead expenditure was 10% above budget resulting in a fixed overhead expenditure variance of $36,000.What was the actual expenditure on fixed overheads last month?

Which TWO of the following statements describe the information a Goods Received Note (GRN) provides?

Which TWO of these documents are matched with the goods received note in the buyingprocess?

At 31 March which of the following closing inventory valuations using LIFO is correct?