The following production and total cost information relates to a single product organisation for the last three months:The variable cost per unit is constant up to a production level of 2,000 units per month but a step up of USD6,000 in the monthly total fixed cost occurs when production reaches 1,100 units per month.What is the total cost for a month when 1,000 units are produced?

1 .A company uses a standard absorption costing system. Last month budgeted production was 8,000 units and the standard fixed production overhead cost was USD15 per unit. Actual production last month was 8,500 units and the actual fixed production overhead cost was USD17 per unit.What was the total adverse fixed production overhead variance for last month?

A USD7,500 B USD16,000 C USD17,000 D USD24,500

题型: 单选题 提问时间: 2021-08-22

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2 .The standard direct material cost per unit for a product is calculated as follows: 10.5 litres at USD2.50 per litreLast month the actual price paid for 12,000 litres of material used was 4% above standard and the direct material usage variance was USD1,815 favourable. No inventory of material is held.What was the adverse direct material price variance for last month?

A USD1,000 B USD1,200 C USD1,212 D USD1,260

题型: 单选题 提问时间: 2021-08-22

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3 .A company has the following data for a semi-variable cost:The fixed element of total cost increases by USD8,000 at output levels in excess of 30,000 units.What is the variable cost per unit?

A USD4.00 B USD4.20 C USD4.22 D USD4.25

题型: 单选题 提问时间: 2021-08-22

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4 .The standard direct material cost per unit for a product is calculated as follows: 10.5 litres at USD2.50 per litreLast month the actual price paid for 12,000 litres of material used was 4% above standard and the direct material usage variance was USD1,815 favourable. No inventory of material is held.What was the actual production last month (in units)?

A 1,074 B 1,119 C 1,212 D 1,258

题型: 单选题 提问时间: 2021-08-22

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5 .A product has the following costs per unit:What is the prime cost per unit of the product?

A USD4.00 B USD7.00 C USD8.50 D USD13.50

题型: 单选题 提问时间: 2021-08-22

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7 .A company has a single product with a selling price of USD12 per unit, which is calculated as variable cost per unit, plus 20%. At an output level of 5,000 units it makes a loss of USD8,000.What is the company’s total fixed cost?

A USD2,000 B USD4,000 C USD18,000 D USD20,000

题型: 单选题 提问时间: 2021-08-22

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8 .For which of the following is a profit centre manager normally responsible?

A Costs only B Revenues only C Costs and revenues D Costs, revenues and investment

题型: 单选题 提问时间: 2021-08-22

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9 .A company’s total overhead varies with output level. It has recorded the following observations of output and total overhead cost:It is known that there is an increase in fixed costs of USD200,000 when output exceeds 300,000 units.Using the high low method, what is the variable overhead cost per unit?

A USD5.00 per unit B USD5.67 per unit C USD6.25 per unit D USD6.60 per unit

题型: 单选题 提问时间: 2021-08-22

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10 .Reginald is the manager of production department M in a factory which has ten other production departments. He receives monthly information that compares planned and actual expenditure for department M. After department M, all production goes into other factory departments to be completed prior to being despatched to customers. Decisions involving capital expenditure in department M are not taken by Reginald.Which of the following describes Reginald’s role in department M?

A A cost centre manager B An investment centre manager C A profit centre manager D A revenue centre manager

题型: 单选题 提问时间: 2021-08-22

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