快速查题-ACCA英国注册会计师试题

A company which uses marginal costing has a profit of $37,500 for a period. Opening inventory was 100 units and closing inventory was 350 units.The fixed production overhead absorption rate is $4 per unit.What is the profit under absorption costing?

A company manufactures and sells a single product. For this month the budgeted fixed production overheads are $48,000, budgeted production is 12,000 units and budgeted sales are 11,720 units.The company currently uses absorption costing.If the company used marginal costing principles instead of absorption costing for this month, what would be the effect on the budgeted profit?

The following data relate to two output levels of a department:

Machine hours                         17,000                         18,500

Overheads                               $246,500                     $251,750

What is the amount of fixed overheads?

    $  O

P Harrington is a golf ball manufacturer. Classify the following costs by nature {direct or indirect) in the table below.

                Cost                                               Direct                   Indirect

Machine operators wages  

Supervisors wages  

Resin for golf balls  

Salesmen's salaries  

George pic makes stationery. How would he classify the following costs?

Cost                                                              Production                     Administration                      Distribution

Purchases of plastic to make pens   

Managing director's bonus   

Depreciation of factory machinery   

Salaries of factory workers  

Insurance of sales team cars   

Camberwell runs a construction company. Classify the following costs by nature (direct or indirect) in the table below.

Cost                                                                  Direct                 Indirect

Bricks  

Plant hire for long term contract  

Builders' wages  

Accountants' wages  

A fixed cost - when the vertical axis represents cost incurred.

A linear variable cost - when the vertical axis represents cost per unit

A semi-variable cost - when the vertical axis represents cost incurred.