Last month, when a company had an opening inventory of 16,500 units and a closing inventory of 18,000 units, the profit using absorption costing was USD40,000. The fixed production overhead rate was USD10 per unit.What would the profit for last month have been using marginal costing?

1 .Which of the following would NOT be classified as a service cost centre in a manufacturing company?

A Product inspection department B Materials handling department C Maintenance department D Stores

题型: 单选题 提问时间: 2021-08-22

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2 .Which of the following best describes how the payback period takes account of the time value of money?

A It puts the same value on each USD1 receivable over the life of a project B It places greatest value on USD1 receivable in the first year and progressively less on USD1 received in each subsequent year C It places least value on USD1 receivable in the first year and progressively more on USD1 rece...

题型: 单选题 提问时间: 2021-08-22

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3 .A factory consists of two production cost centres (G and H) and two service cost centres (J and K). The total overheads allocated and apportioned to each centre are as follows:The company apportions service cost centre costs to production cost centres using a method that fully recognises any work done by one service cost centre for another.What are the total overheads for production cost centre G after the reapportionment of all service cost centre costs?

A USD58,000 B USD58,540 C USD59,000 D USD59,540

题型: 单选题 提问时间: 2021-08-22

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4 .A company manufactures and sells a single product. For this month the budgeted fixed production overheads are USD48,000, budgeted production is 12,000 units and budgeted sales are 11,720 units.

A USD1,120 higher B USD1,120 lower C USD3,920 higher D USD3,920 lower

题型: 单选题 提问时间: 2021-08-22

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6 .An organisation absorbs overheads on a machine hour basis. The planned level of activity for last month was 30,000 machine hours with a total overhead cost of USD247,500. Actual results showed that 28,000 machine hours were recorded with a total overhead cost of USD238,000.What was the total under absorption of overheads last month?

A USD7,000 B USD7,500 C USD9,500 D USD16,500

题型: 单选题 提问时间: 2021-08-22

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7 .The following information relates to a manufacturing company for next period:Using absorption costing the profit for next period has been calculated as USD36,000.What would the profit for next period be using marginal costing?

A USD25,000 B USD27,000 C USD45,000 D USD47,000

题型: 单选题 提问时间: 2021-08-22

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8 .An annuity of USDx is to be received at the end of each of the next 7 years. If the present value of the annuity is USD33,995 at 8% using ACCA tables, then USDx (to the nearest USD) is

A USD2,719 B USD4,856 C USD5,693 D USD6,530

题型: 单选题 提问时间: 2021-08-22

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