快速查题-ACCA英国注册会计师试题

Throughput accounting policy is to hold zero inventories throughout all operations. 

 This question appeared in the June 2015 exam. 

The following statements have been made in relation to the concepts outlined in throughput accounting: 

(1) Inventory levels should be kept to a minimum 

(2) All machines within a factory should be 100% efficient, with no idle time 

Which of the above statements is/are correct? 

 This question appeared in the June 2015 exam. 

X Co uses a throughput accounting system. Details of product A, per unit, are as follows: 

Selling price                                          $320 

Material costs                                          $80 

Conversion costs                                   $60 

Time on bottleneck resource         6 minutes 

What is the return per hour for product A? 

 The following data relate to a manufacturing company. At the beginning of August there was no inventory. During August 2,000 units of product X were produced, but only 1,750 units were sold. The financial data for product X August were as follows:  

The value of inventory of X at 31 August using a throughput accounting approach is: 

This objective test question contains a question type which will only appear in a computer-based exam, but this question provides valuable practice for all students whichever version of the exam they are taking. 

Skye Limited has a two process environment, and details of these processes are as follows: 

Process P: Each machine produces 6 units an hour and Skye has 8 machines working at 90% capacity. 

Process Q: Each machine produces 9 units per hour and Skye has 6 machines working at 85% capacity. 

One of Skye products is Cloud. Cloud is not particularly popular but does sell at a selling price of $20 although discounts of 15% apply.  Material costs are $5 and direct labour costs are double the material cost.  Cloud spends 0.2 hours in process P but 0.3 hours in process Q.

 What is Cloud’s throughput per hour in its bottleneck process? 

 The following production budget is for a company that makes two products, A and B. The company's budgeted output and sales are restricted by a maximum number of 3,500 direct labour hours available in the budget period.  

Product

If the company were to use a throughput accounting system, what would be the throughput accounting ratio (TPAR) for Product B (to 2 dp)? 

 CD plc produces a single product, the BC, which passes through three different processes, Alpha, Beta and Gamma. The throughput per hour of the three processes is 25, 30 and 32 units of BC respectively. The organisation operates for ten hours a day, 5 days a week for 50 weeks of the year. The BC can be sold for $420 per unit and it has a material cost of $170 per unit. It is anticipated that annual conversion costs will be $1,800,000. 

What is the throughput accounting ratio per day? (to 2 decimal places) 

Calculate: Return per factory hour 

Calculate:  Throughput accounting ratio