Last month, when a company had an opening inventory of 16,500 units and a closinginventory of 18,000 units, the profit using absorption costing was $40,000. The fixedproduction overhead rate was $10 per unit.What would the profit for last month have been using marginal costing?

1 .

A $10 B $11 C $12 D $13

题型: 单选题 提问时间: 2021-08-23

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2 .A manufacturing company uses a machine hour rate to absorb production overheads, whichwere budgeted to be $130,500 for 9,000 machine hours. Actual overheads incurred were$128,480 and 8,800 machine hours were recorded.What was the total under absorption of production overheads?

A $880 B $900 C $2,020 D $2,900

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

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

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4 .

A $58,000 B $58,540 C $59,000 D $59,540

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5 .A company manufactures and sells a single product. For this month the budgeted fixedproduction overheads are $48,000, budgeted production is 12,000 units and budgeted sales are11,720 units.The company currently uses absorption costing.If the company used marginal costing principles instead of absorption costing for thismonth, what would be the effect on the budgeted profit?

A $1,120 higher B $1,120 lower C $3,920 higher D $3,920 lower

题型: 单选题 提问时间: 2021-08-23

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7 .An organisation absorbs overheads on a machine hour basis. The planned level of activity forlast month was 30,000 machine hours with a total overhead cost of $247,500. Actual resultsshowed that 28,000 machine hours were recorded with a total overhead cost of $238,000.What was the total under absorption of overheads last month?

A $7,000 B $7,500 C $9,500 D $16,500

题型: 单选题 提问时间: 2021-08-23

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8 .

A $25,000 B $27,000 C $45,000 D $47,000

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9 .A company uses absorption costing with a predetermined hourly overhead absorption rate.The following situations arose last month:(i) Actual hours worked exceeded planned hours.(ii) Actual overhead expenditure exceeded planned expenditure.Which of the following statements is correct?

A Situation (i) would cause overheads to be over absorbed and situation (ii) wouldcause overheads to be under absorbed. B Situation (i) would cause overheads to be under absorbed and situation (ii) wouldcause overheads to be over absorbed. C Both situations would cause overheads to be over absorbed....

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10 .A company uses an absorption costing system. It has a variable cost of /$5 per unit and absorbs fixed production overhead at /$3 per unit. In a period when 1,800 units of product were sold and 2,000 units were produced, it recorded an operating profit of /$3,600.What would its operating profit have been if it had used a marginal costing system?

A $2,600 B $3,000 C $4,200 D $4,600

题型: 单选题 提问时间: 2021-08-23

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