快速查题-ACCA英国注册会计师试题

VPS is a large manufacturing business that is introducing an activity based costing system into its business. VPS ships components via its own logistics operation to its central manufacturing centre in Glasgow from a wide variety of locations. It is attempting to identify the correct cost driver for the cost pool called ‘component handling’. 

Which of the following would be the correct figure to use? 

A company which makes two products, Alpha and Zeta, uses activity-based costing to absorb its overheads. It has recently identified a new overhead cost pool for inspection costs and has decided that the cost driver is the number of inspections.

 The following information has been provided:  

Total inspection costs                                              $250,000  

                                                                                        Alpha                          Zeta 

Production volume (units)                                          2,500                         8,000 

Machine hours per unit                                                   1                                1.5 

Units per batch                                                                500                          1,000 

Inspections per batch                                                      4                                 1 

What is the inspection cost per unit for product Alpha? 

 The following statements have been made about ABC and cost drivers. 

(1) A cost driver is any factor that causes a change in the cost of an activity.

 (2) For long-term variable overhead costs, the cost driver will be the volume of activity. 

(3) Traditional absorption costing tends to under-allocate overhead costs to low-volume products. 

Which of the above statements is/are true? 

 The following statements have been made in relation to activity-based costing: 

(1) A cost pool is an activity which consumes resources and for which overhead costs are identified and allocated. 

(2) The overhead absorption rate (OAR) is calculated in the same way as the absorption costing OAR, and the same OAR will be calculated for each activity. 

Which of the above statements is/are true? 

 Calculate the overhead cost of centre hire which would be allocated to an auditing course under activity based costing to the nearest dollar. 

 Calculate the overhead cost of brochure printing which would be allocated to a taxation course under activity based costing to the nearest dollar. 

 Calculate the overhead cost of enquiries administration which would be allocated to a taxation course under activity based costing. 

A member of Southcott Co's finance team has said that activity based costing (ABC) provides more accurate product costs than a traditional absorption costing system. He gave a number of statements supporting this claim. 

Which of the following statements does NOT support his claim? 

Calculate the total costs of producing the budgeted amount of Roadster motorcycles based on the existing method of attributing overheads.