快速查题-ACCA英国注册会计师试题

 Calculate labour rate and efficiency variances. 

 Calculate fixed production overhead expenditure and volume variances and then subdivide the volume variance. 

Calculate the following labour variances for each of the production departments. 

(1) Cost                             (2) Efficiency                             (3) Rate 

 Calculate the sales variances. 

 Comment on your findings to help explain what has happened to the yield variance. 

 Are variable production overhead variances based on hours paid or hours worked? 

Choose the appropriate words from those highlighted. 

 The materials mix variance is calculated as the difference between the standard/actual total quantity used in the standard/actual mix and the standard/actual quantities used in the standard/actual mix, valued at standard/actual costs. 

 Mr. Green makes salads. The standard plate of salad has 30 g of lettuce (L), 50 g of peppers (P) and 80 g of beetroot (B). The standard prices of the three ingredients are $0.2/kg, 0.4/kg and 0.8/kg respectively. 

Mr. Green has been experimenting and so in July he changed the mix of vegetables on the plate thus: 1,500 plates contained 62,000 grams of lettuce, 81,000 grams of peppers and 102,000 grams of beetroot. 

What is the yield variance (do not round your answer)? 

A company has a process in which the standard mix for producing 9 litres of output is as follows:   

                                                                                               $ 

4.0 litres of D at $9 per litre                                         36.00 

3.5 litres of E at $5 per litre                                         17.50 

2.5 litres of F at $2 per litre                                            5.00 

Total                                                                                  58.50 

A standard loss of 10% of inputs is expected to occur. The actual inputs for the latest period were:   

                                                                                              $ 

4,300 litres of D at $9.00 per litre                             38,700 

3,600 litres of E at $5.50 per litre                             19,800 

2,100 litres of F at $2.20 per litre                               4,620 

Total                                                                              63,120 

Actual output for this period was 9,100 litres.  

What is the total materials mix variance?