快速查题-ACCA英国注册会计师试题

The following data relate to inventory item A452:  

 Average usage         100 units per day

Minimum usage         60 units per day

Maximum usage       130 units per day   

Lead time                   20-26 days   

EOQ                          4,000 units  

What is the maximum inventory level?   

Where on the graph would you read off the value for the economic order quantity?

George pic makes stationery. How would he classify the following costs?

Cost                                                              Production                     Administration                      Distribution

Purchases of plastic to make pens   

Managing director's bonus   

Depreciation of factory machinery   

Salaries of factory workers  

Insurance of sales team cars   

Camberwell runs a construction company. Classify the following costs by nature (direct or indirect) in the table below.

Cost                                                                  Direct                 Indirect

Bricks  

Plant hire for long term contract  

Builders' wages  

Accountants' wages  

A fixed cost - when the vertical axis represents cost incurred.

A linear variable cost - when the vertical axis represents cost per unit

A semi-variable cost - when the vertical axis represents cost incurred.

A step fixed cost - when the vertical axis represents cost incurred.

Which of the following is correct with regard to inventories?

(i) Stock-outs arise when too little inventory is held

(ii) Safety inventories are the level of units maintained in case there is unexpected demand

(iii) A re-order level can be established by looking at the maximum usage and the maximum leadtime