快速查题-ACCA英国注册会计师试题

 If there had been a normal process loss of 10% of input during the month what would the value of this loss have been?

What is the value of the closing work in progress on 30 November?

What is the value of the units transferred to process 2?

If costs are apportioned between joint products on a physical unit basis, what was the total cost of product P production in June?

Misty Co's budgetary control report for last month is as follows：

                                                              Fixed budget                          Flexed budget                  Actual results

                                                                       $                                            $                                      $

Direct costs                                                61,100                                 64,155                                67,130

Production overhead                                55,000                                   56,700                               54,950

Other overhead                                        10,000                                  10,000                                11,500

                                                                  126,100                               130,855                               133,580

What was the volume variance for last month?

Which of the following relate to marginal costing and which to absorption costing?

                                                                                                                                 Marginal  costing           Absorption  costing

The cost of a product includes an allowance for fixed production costs.  

The cost of a product represents the additional cost of producing an extra unit.  

The following data are for questions 155 and 156

The budget for Bright's first month of trading, producing and selling boats was as follows:

                                                                   $000

Variable production cost of boats               45

Fixed production costs                               30

Production costs of 750 boats                   75

Closing inventory of 250 boats                 (25)

Production cost of 500 sold                       50

Variable selling costs                                 5

Fixed selling costs                                     25

                                                                  80

Profit                                                         10

Sales revenue                                           90

The budget has been produced using an absorption costing system.