快速查题-ACCA英国注册会计师试题

Misty Co's budgetary control report for last month is as follows：Fixed budget Flexed budget $ $

Direct costs                                                 61,100                        64,155

Production overhead                                  55,000                        56,700

Other overhead                                          10,000                       10,000

                                                                  126,100                      130,855

What was the expenditure variance for last month?

What does a master budget comprise?

Which of the following is NOT a functional budget?

If a company has no production resource limitations, in which order would the following budgets be prepared? (i) Material usage budget (iv) Finished goods inventory budget(ii) Sales budget (v) Production budget(iii) Material purchase budget (vi) Material inventory budget

In a situation where there are no production resource limitations, which of the following items of information must be available for the production budget to be completed?(i) Sales volume from the sales budget(ii) Material purchases from the purchases budget(iii) Budgeted change in finished goods inventory(iv) Standard direct labour cost per unit

When preparing a production budget, what does the quantity to be produced equal?

The quantity of material in the material purchases budget is greater than the inferred from quantity of material in the material usage budget. Which of the following statements can be this situation?

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?

Which of the following may be considered to be objectives of budgeting?(i) Co-ordination(ii) Communication(iii) Expansion(iv) Resource allocation