快速查题-ACCA英国注册会计师试题

How is target cost calculated?

Which stage of the product life cycle do the following characteristics refer to?New competitors Customer feedback received New distribution outlets being found Product quality improvements made

A new product is being developed. The development will take one year and the product is expected to have a life cycle of two years before it is replaced.Which of the following statements are true of life cycle costing?Statement 1 It is useful for assessing whether new products have been successful.Statement 2 The individual profitability for products is less accurate.

A chain of coffee shops has implemented a Total Quality Management system to ensure high quality and consistency across all outlets. As part of the scheme, the chain offers a free replacement drink to any customer not completely satisfied with their purchase. Which of the following BEST describes the cost of providing replacement drinks?

Which costing method is based around a calculation involving a desired profit margin and a competitive market price?

Which ONE of the following is an advantage of Activity Based Costing?

In the context of quality costs, what would customer compensation costs and test equipment running costs be classified as?

The selling price of product K is set at $450 for each unit and the company requires a return of 20% from the product.

What is the target cost for each unit for the coming year?

In calculating the life cycle costs of a product, which of the following items would beexcluded? 

(i) Planning and concept design costs

(ii) Preliminary and detailed design costs

(iii) Testing costs(iv) Production costs

(v) Distribution and customer service costs

As part of a process to achieve a target cost, GYE Inc are interviewing prospective customers to determine why they would buy the product and how they would use it.What term best describes this process?