快速查题-ACCA英国注册会计师试题

The following information is available for a hotel company for the latest thirty day period.Number of rooms available per night 40Percentage occupancy achieved 65%Room servicing cost incurred $3,900What was the room servicing cost per occupied room-night last period, to the nearest cent?

Annie is to set up a small hairdressing business at home. She anticipates working a 35-hour week and taking four weeks' holiday per year. Her expenses for materials and overheads are expected to be $3,000 per year, and she has set herself a target profit of $18,000 for the first year.Assuming that only 90% of her working time will be chargeable to clients, what price should she charge for a 'colour and cut' which would take 3 hours?

Which of the following is NOT a characteristic of service 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 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?

What would the budgeted profit be if a marginal costing system were used?

 Assume that at the end of the first month unit variable costs and fixed costs and selling price for the month were in line with the budget and any inventory was valued at the same unit cost as in the above budget.

However, if production was actually 700 and sales 600; what would be the reported profit using absorption costing?

A new company has set up a marginal costing system and has a budgeted contribution for the period of $26,000 based on sales of 13,000 units and production of 15,000 units. This level of production represents the firm's expected long-term level of production. The company's budgeted fixed production costs are $3,000 for the period.

What would the budgeted profit be if the company were to change to an absorption costing system?

Which of these statements are true of marginal costing?

(i) The contribution per unit will be constant if the sales volume increases.

(ii) There is no under- or over-absorption of overheads.

(iii) Marginal costing does not provide useful information for decision making.

In a period, a company had opening inventory of 31,000 units of Product G and closing inventory of 34,000 units. Profits based on marginal costing were $850,500 and profits based on absorption costing were $955,500.

If the budgeted fixed costs for the company for the period were $1,837,500, what was the budgeted level of activity?