快速查题-ACCA英国注册会计师试题

Which THREE of the following statements about activity-based costing are correct? 

(1) Implementation of ABC is unlikely to be cost-effective when variable production costs are a low proportion of total production costs. 

(2) In a system of ABC, for costs that vary with production levels, the most suitable cost driver is likely to be direct labour hours or machine hours. 

(3) Activity based costs are not the same as relevant costs for the purpose of short-run decision making. 

(4) Activity based costing is a form of absorption costing. 

Which of the following statements about activity based costing are true? 

 The following statements have been made about traditional absorption costing and activity based costing. 

(1) Traditional absorption costing may be used to set prices for products, but activity based costing may not.  

(2) Traditional absorption costing tends to allocate too many overhead costs to low-volume products and not enough overheads to high-volume products.  

(3) Implementing ABC is expensive and time consuming 

Which of the above statements is/are true? 

The following data refers to a soft drinks manufacturing company that passes its product through four processes and is currently operating at optimal capacity. 

Which process is the bottleneck? 

 In which of the following ways might financial returns be improved over the life cycle of a product? 

1. Maximising the time to market 

2. Minimising the breakeven time 

3. Maximising the length of the life cycle 

In material flow cost accounting (MFCA), input manufacturing costs are categorised into material costs, waste treatment costs and which of the following? 

In the theory of constraints and throughput accounting, which of the following methods may be used to elevate the performance of a binding constraint? 

(Method 1)  Acquire more of the resource that is the binding constraint 

(Method 2) Improve the efficiency of usage of the resource that is the binding constraint 

 ABC Company uses throughput accounting. Machine time is the current binding constraint on production output, and management are looking for ways to increase the throughput accounting (TA) ratio for a product that the machine is used to manufacture. 

Which of the following will have NO effect on the TA ratio? 

Which of the following definitions best describes a cost driver?