快速查题-ACCA英国注册会计师试题

A department in a large organisation wishes to develop a method of predicting its total costs in a period. 

The following data have been recorded. 

The total cost model for a period could be represented by what equation? 

Bortamord anticipates that a 90% learning curve will apply to the production of a new item. The first item will cost $2,000 in materials, and will take 500 labour hours. The cost per hour for labour and variable overhead is $5.  

You are required to calculate the total cost for the first unit and for the first eight units. 

BL is planning to manufacture a new product, product A. Development tests suggest that 60% of the variable manufacturing cost of product A will be affected by a learning and experience curve. This learning effect will apply to each unit produced and continue at a constant rate of learning until cumulative production reaches 4,000 units, when learning will stop. The unit variable manufacturing cost of the first unit is estimated to be $1,200 (of which 60% will be subject to the effect of learning), while the average unit variable manufacturing cost of four units will be $405. 

Required 

Calculate the rate of learning that is expected to apply. 

XX is aware that there is a learning effect for the production of one of its new products, but is unsure about the degree of learning. The following data relate to this product. 

Time taken to produce the first unit                                               28 direct labour hours

 Production to date                                                                           15 units 

Cumulative time taken to date                                                       104 direct labour hours 

What is the percentage learning effect? 

The costs of production runs consist of a mix of fixed and variable elements. The lowest number of production runs during the year was 120 during February, the highest number 150 during October. If the total costs of production runs in February were $80,000 and in October were $95,000, calculate the fixed and variable cost elements. 

 This objective test question contains a question type which will only appear in a computer-based exam, but this question provides valuable practice for all students whichever version of the exam they are taking. 

While a drag and drop style question is impossible to fully replicate within a paper based medium, some questions of this style have been included for completeness. 

Incremental budgeting can sometimes be an appropriate methodology for setting budgets.   

Which of the following statements are true?

  Incremental budgets could be appropriate when:

  The business is growing rapidly

  Applied to total sales in an international seasonal business

  Applied to stationary costs

  Applied to production costs

  The business is stable

  For administration costs when the experience of the managers is limited 

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