快速查题-ACCA英国注册会计师试题

The following table shows the number of clients who attended a particular accountancy practice over the last four weeks and the total costs incurred during each of the weeks: 

      Week                                           Number of clients                            Total cost 

                                                                                                                                $

           1                                                       400                                                  36,880

           2                                                        440                                                 39,840 

           3                                                        420                                                 36,800 

           4                                                        460                                                  40,000

 Applying the high low method to the above information, which of the following could be used to forecast total cost ($) from the number of clients expected to attend (where x = the expected number of clients)? 

 The management accountant of a business has identified the following information: 

                   Activity level                              800 units                     1,200 units

                    Total cost                                  $16,400                         $23,600 

The fixed costs of the business step up by 40% at 900 units.  

What is the variable cost per unit? 

 The management accountant of a business has identified the following information: 

       Activity level                             800 units                     1,200 units 

        Total cost                                 $16,400                         $23,600 

The fixed costs of the business step up by 40% at 900 units. 

What is the fixed cost at 1,100 units? 

 Caroline has recently developed a new product. The nature of Caroline’s work is repetitive, and it is usual for there to be an 80% learning effect when a new product is developed. The time taken for the first unit was 22 minutes. An 80% learning effect applies. 

What is the time to be taken for the fourth unit in minutes? 

A company incurs the following costs at various activity levels: 

      Total cost                        Activity level

              $                                     units 

        250,000                              5,000 

        312,500                              7,500 

        400,000                            10,000 

Using the high-low method what is the variable cost per unit? 

The total cost of production for two levels of activity is as follows:  

                                                             Level 1                             Level 2 

Production (units)                             3,000                                5,000 

Total cost ($)                                       6,750                               9,250 

The variable production cost per unit and the total fixed production cost both remain constant in the range of activity shown. 

What is the level of fixed costs? 

 The first unit of an entirely new product took 160 labour hours to make and the labour cost was $3,200. Four units have now been produced and it is thought that a 75% learning curve applies to the work.  

What will be the expected labour cost of the fifth unit to be produced? 

Which of the following is generally regarded as a benefit of using spreadsheets for budgeting? 

This question appeared in the June 2015 exam.

 A company predicted that the learning rate for production of a new product would be 80%. The actual learning rate was 75%. The following possible reasons were stated for this: 

(1) The number of new employees recruited was lower than expected 

(2) Unexpected problems were encountered with production 

(3) Unexpected changes to Health and Safety laws meant that the company had to increase the number of breaks during production for employees. 

Which of the above reasons could have caused the difference between the expected rate of learning and the actual rate of learning?