快速查题-ACCA英国注册会计师试题

With what kind of standards is practical capacity associated? 

Fill in the gaps. 

A flexible budget is a budget which, by recognising ..................... , is designed to ........................  as the level of activity changes.  

 Fill in the blanks. 

A well-organised system of control should have the following features. 

(a) A hierarchy of .................. 

(b) Clearly identified .................. for achieving budget targets (c) Responsibilities for ................... , ................... and .....................  

State three problems which may arise from the change in capacity level. 

 Explain what is meant by the principle of controllability. 

 Product GX consists of a mix of three materials, J, K and L. The standard material cost of a unit of GX is as follows: 

                                                                                        $ 

Material J                        5 kg at $4 per kg               20 

Material K                       2 kg at $12 per kg             24 

Material L                        3 kg at $8 per kg               24 

During March, 3,000 units of GX were produced, and actual usage was: 

Material J                                        13,200 kg 

Material K                                         6,500 kg 

Material L                                          9,300 kg 

What was the materials yield variance for March? 

 List five limitations of learning curve theory. 

 It takes 60 hours to make the first unit of a product and a 95% learning curve applies. How long will it take to make the second and third units? 

Calculate the EV of revenue using the following information.