快速查题-ACCA英国注册会计师试题

 Summary financial statements are given below for JE, the division of a large divisionalised company: 

The cost of capital for the division is estimated at 11% each year. The annual rate of interest on the long-term loans is 9%. All decisions concerning the division’s capital structure are taken by central management. 

What is the divisional residual income (RI) for the year ended 31 December? 

 Perrin Co has two divisions, A and B. 

Division A has limited skilled labour and is operating at full capacity making product Y. It has been asked to supply a different product, X, to division B. Division B currently sources this product externally for $700 per unit. 

The same grade of materials and labour is used in both products. The cost cards for each product are shown below: 

Product                                                                                           Y                        X 

                                                                                                   ($)/unit              ($)/unit 

Selling price                                                                                600                     – 

Direct materials ($50 per kg)                                                   200                  150 

Direct labour ($20 per hour)                                                       80                  120 

Apportioned fixed overheads ($15 per hour)                           60                    90 

Using an opportunity cost approach to transfer pricing, what is the minimum transfer price? 

 A government is trying to assess schools by using a range of financial and non-financial factors. One of the chosen methods is the percentage of students passing five exams or more. 

Which of the three Es in the value for money framework is being measured here? 

The following statements have been made about measuring performance in not-for-profit organisations: 

(1) Output does not usually have a market value, and it is therefore more difficult to measure effectiveness. 

(2) Control over the performance can only be satisfactorily achieved by assessments of ‘value for money’. 

Which of the above statements is/are true? 

 Flow cost accounting is a technique which can be used to account for environmental costs. Inputs and outputs are measured through each individual process of production. 

Which of the following is NOT a category used within flow cost accounting? 

 Which of the following is an example of an environmental external failure cost? 

 Leaf Limited has had a mixed year. Its market share has improved two percentage points to 20% but the overall market had contracted by 5% in the same period.  The budgeted sales were 504,000 units and standard contribution was $12 per unit. 

The sales market size variance is: 

A company manufactures a specific clinical machine used in hospitals. The company holds a 2% share of the market and the total market demand has been constant at 250,000 machines for the last few years. The budgeted selling price for each machine is $10,000 and standard contribution is equivalent to 10% of the budgeted selling price. 

An initial performance review of the company’s actual results showed a sales volume of 5,600 machines had been achieved. The total market demand for the machines, though, had risen to 300,000 units. 

What is the market share variance for the clinical machines? 

 An organisation manufactures and sells a single product, the G. It has produced the following budget for the coming year: 

If inventory levels are negligible, what is the breakeven point in units? 

 A company manufactures and sells a single product with a variable cost per unit of $36. It has a contribution ratio of 25%. The company has weekly fixed costs of $18,000.  

What is the weekly breakeven point, in units?