快速查题-ACCA英国注册会计师试题

 Which of the following describes a 'basic standard' within the context of budgeting? 

Which of the following statements about standard costing is NOT true? 

 Ideal standards are long-term targets. 

 Caroline has recently developed a new product. The nature of Caroline’s work is repetitive, and it is usual for there to be an 80% learning effect when a new product is developed. The time taken for the first unit was 22 minutes. An 80% learning effect applies. 

What is the time to be taken for the fourth unit in minutes? 

A company incurs the following costs at various activity levels: 

      Total cost                        Activity level

              $                                     units 

        250,000                              5,000 

        312,500                              7,500 

        400,000                            10,000 

Using the high-low method what is the variable cost per unit? 

The total cost of production for two levels of activity is as follows:  

                                                             Level 1                             Level 2 

Production (units)                             3,000                                5,000 

Total cost ($)                                       6,750                               9,250 

The variable production cost per unit and the total fixed production cost both remain constant in the range of activity shown. 

What is the level of fixed costs? 

 The first unit of an entirely new product took 160 labour hours to make and the labour cost was $3,200. Four units have now been produced and it is thought that a 75% learning curve applies to the work.  

What will be the expected labour cost of the fifth unit to be produced? 

Which of the following is generally regarded as a benefit of using spreadsheets for budgeting? 

This question appeared in the June 2015 exam.

 A company predicted that the learning rate for production of a new product would be 80%. The actual learning rate was 75%. The following possible reasons were stated for this: 

(1) The number of new employees recruited was lower than expected 

(2) Unexpected problems were encountered with production 

(3) Unexpected changes to Health and Safety laws meant that the company had to increase the number of breaks during production for employees. 

Which of the above reasons could have caused the difference between the expected rate of learning and the actual rate of learning?