A company has capital employed of $300,000 and cost of capital of 10% per year. Itsresidual income is $45,000.What is the company’s return on investment?

1 .Fawcett manufactures chemical P25 in its factory. During the month of March, 10,000 kilosof materials were input into process 1 at a cost of $100,000. Labour and other costs of theprocess for the month were $69,600. Output for the month was 8,500 kilos of chemical P25.Fawcett expects normal losses of 5% of materials in the process. These can be sold for ascrap value of $1 per kilo.What was the value of output for the month of March?

A $151,747 B $151,300 C $144,160 D $143,735

题型: 单选题 提问时间: 2021-08-23

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2 .Budgeted production in a factory for next period is 4,800 units. Each unit requires five labourhours to make. Labour is paid $10 per hour. Idle time represents 20% of the total labourtime.What is the budgeted total labour cost for the next period?

A $192,000 B $240,000 C $288,000 D $300,000

题型: 单选题 提问时间: 2021-08-23

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3 .Which of the following are perspectives of the Balanced Scorecard?(1) Customer(2) Internal business process(3) Human resource planning(4) Financial

A 1, 2 and 3 only B 1, 2 and 4 only C 1, 3 and 4 only D 2, 3 and 4 only

题型: 单选题 提问时间: 2021-08-23

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4 .Which of the following statements about the return on investment method ofperformance measurement are true?(1) It enables comparison of performance of divisions which are not of common size(2) Managers’ decisions will be congruent with the goals of the organisation(3) It does not take account of the risk of project investments being undertaken(4) Managers will be encouraged to invest in projects with higher returns

A 1, 2 and 3 only B 1, 2 and 4 only C 1, 3 and 4 only D 2, 3 and 4 only

题型: 单选题 提问时间: 2021-08-23

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5 .In the four week production period just completed, Brown produced 570 units. The standardlabour cost for each unit was $13.50, based on budgeted production of 550 units. The actuallabour cost for the period was $8,238. There was no efficiency variance.What was the labour rate variance for the period?

A $543 adverse B $543 favourable C $813 adverse D $813 favourable

题型: 单选题 提问时间: 2021-08-23

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7 .In a machining process the normal spoilage rate is expected to be 2% of input. Spoiled unitsare sold for 53 cents each. In a period 5,000 units were input at a cost of $2 each. The totaloutput of good units was 4,750.How much should be written off to the income statement in respect of the abnormalspoilage?

A $225.00 B $304.50 C $375.00 D $507.50

题型: 单选题 提问时间: 2021-08-23

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8 .Nujig reduced its quality specification for raw materials. The lower quality of materialsmeant that a batch of products had to be reworked.What is the most likely effect on the variances for materials usage and labour efficiency?

A Materials usage is adverse;Labour efficiency is adverse B Materials usage is adverse;Labour efficiency is favourable C Materials usage is favourable;Labour efficiency is adverse D Materials usage is favourable;Labour efficiency is favourable

题型: 单选题 提问时间: 2021-08-23

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9 .A company manufactures and sells toys and incurs the following three costs:(1) Rental of the finished goods warehouse(2) Depreciation of its own fleet of delivery vehicles(3) Commission paid to sales staff(4) Transportation of raw materialsWhich TWO of these are classified as distribution costs?

A 1 and 2 only B 1 and 3 only C 2 and 3 only D 2 and 4 only

题型: 单选题 提问时间: 2021-08-23

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10 .A company manufactures a single product. In a computer spreadsheet the cells F1 to F12contain the budgeted monthly sales units for the twelve months of next year in sequence withJanuary sales in cell F1 and finishing with December sales in F12. The company policy is forthe closing inventory of finished goods each month to be 10% of the budgeted sales units forthe following month.Which of the following formulae will generate the budgeted production (in units) forMarch next year?

A [F3 + (0.1 × F4)] B [F3 – (0.1 × F4)] C [(1.1 × F3) – (0.1 × F4)] D [(0.9 × F3) + (0.1 × F4)]

题型: 单选题 提问时间: 2021-08-23

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