Mai Co are considering setting up another division selling expensive watches. Th-新东方在线职业题库

新东方在线题库 > ACCA英国注册会计师试题 > F2 > Chapter20-22 > Mai Co are...

Mai Co are considering setting up another division selling expensive watches. The two divisions would be run as profit centres, with head office costs being allocated to each division. Managers^ bonuses will be dependent on the divisions meeting their targets. Targets that are being considered are:

(i) Gross profit percentage

(ii) Contribution

(iii) Net profit for the division

(iv) Return on capital employed.

Which of the targets should be used to assess the performance of the divisional manager and provide motivation?

A

(i) only

B

(i) and (ii) only

C

(i), (ii) and (Hi) only

D

All of them

考点：Chapter21Performancemeasurement

B - net profit for the division would include the allocated head office expenses which are not controllable, and would therefore affect motivation. ROCE is calculated using net profit so this would be misleading as well.

多做几道

材料全屏

60

【单项选择题】

What was the adverse material price variance?

A

$1,000

B

$3,500

C

$7,500

D

$11,000

What was the favourable material usage variance?

A

$2,500

B

$4,000

C

$7,500

D

$10,000

材料全屏

62

【单项选择题】

What was the total direct materials variance?

A

Nil

B

$10,000 Adverse

C

$10,000 Favourable

D

$11,000 Adverse

What was the total direct labour variance?

A

$6,000 Favourable

B

$20,000 Adverse

C

$22,000 Favourable

D

Nil

What was the total direct variable overheads variance?

A

Nil

B

$12,000 Favourable

C

$12,000 Adverse

D

$11,000 Adverse

最新试题

该科目易错题

该题目相似题

材料全屏G Co makes the following purchases and sales.1 January Purchases Sales4.000 units for $10,00031 January Purchases 1.000 units for $2,00015 February Sales 3.000 units for $13,00028 February Purchases 1,500 units for $3,75014 March Sales 500 units for $1,20054【单项选择题】At 31 March which of the following closing inventory valuations using FIFO is correct?A$8,000B$7,500C$7,000D$6,500
材料全屏Cost and selling price details for product Z are as follows. $per unitDirect materials 6.00 Direct labour 7.50Variable overhead 2.50Fixed overhead absorption rate 5.00 21.00Profit 9.00Selling price 30.00Budgeted production for the month was 5,000 units although the company managed to produce 5,800 units, selling 5,200 of them and incurring fixed overhead costs of $27,400.48【单项选择题】What is the marginal costing profit for the month?A$45,400B$46,800C$53,800D$72,800
The management of J Co have heard about the concept of the time value of money. Required:(i) Complete the gaps in the following statement: The time value of money means that $1 now is worth (GAP 1) than $1 in the future. The reasons for this are risk, (Gap 2) and potential for earning a return e.g. interest. (ii) Using a discount rate of 8%, and assuming that the cash flows arise at the end of a year, calculate the discounted payback period.
Are the following statements about investment appraisal true or false?Statement one: If the cost of capital increased to 10%, the net present value of purchasing the new machine would decrease.Statement two: The payback method of investment appraisal is a useful method to consider time risk.A Statement 1 Statement True FalseBStatement 1 Statement True TrueCStatement 1 Statement False FalseDStatement 1 Statement False True
What would be the formula for March net profit?A= D2-D3B= B6 + C6C= D4-D5D= D3-D8
What should the title be in Gap 1?
Tel Co's quick ratio is 0.49. If they sell half of their inventory to pay off part of the bank overdraft, what will happen to their quick ratio?AStay the sameBIncreaseCDecrease
The manager of the courier division is retiring this year and his bonus is being paid based on the ROCE percentage of the division.Which TWO of the following actions could the manager of the courier division have taken in order to improve his bonus?ADelay repairs to the fleet of vans.BUnderstate the closing inventory of fuel held in the depot.CInclude all the revenue for an uncompleted new contract.DOverstate the bad debt provision
材料全屏Number of units produced 2,200 2,000 Budget Actual $ $Direct materials 110,000 110,000Direct labour 286,000 280,000Variable overhead 132,000 120,000The actual number of units produced was 2,000.62【单项选择题】What was the total direct materials variance?ANilB$10,000 AdverseC$10,000 FavourableD$11,000 Adverse
What was the sales volume profit variance for February?A$900 (F)B$1,200 (F)C$900 (A)D$2,100 (A)