职上网在线题库 > ACCA英国注册会计师试题 > F2 > Chapter4-5 > The follow...

The following data relate to the overhead expenditure of contract cleaners at two activity levels:Square metres cleaned 12,750 15,100Overheads $73,950 $83,585Using the high-low method, what is the estimate of the overhead cost if 16,200 square metres are to be cleaned?

A

$88,095

B

$89,674

C

$93,960

D

$98,095

扫码查看暗号，即可获得解锁答案！

在此输入暗号

点击获取答案

Chapter4Costclassification

$

Total cost of 15,100 square metres 83,585

Total cost of 12,750 square metres 73,950

Variable cost of 2,350 square metres 9,635

Variable cost is $9,635/2,350 square metres = $4.10 per square metre. Fixed costs can be found by substitution:

$

Total cost of 12,750 square metres 73,950

Variable cost of 12,750 square metres (x $4.10) 52,275

Fixed costs 21,675

So for 16,200 square metres:

Overheads = $21,675 + (16,200 x $4.10)=$88,095

多做几道

Which of the following statements about management accounting information is/are true?

(i) They must be stated in purely monetary terms.

(ii) Limited companies must, by law, prepare management accounts.

(iii) They serve as a future planning tool and are not used as an historical record.

A

(i), (ii) and (iii)

B

(i) and (ii)

C

(ii) only

D

None of the statements is true

Which of the following statements is/are correct?

(i) A management control system is a term used to describe the hardware and software used to drive a database system which produces information outputs that are easily assimilated by management.

(ii) An objective is a course of action that an organisation might pursue in order to achieve its strategy.

(iii) Information is data that has been processed into a form meaningful to the recipient.

A

(i), (ii) and (iii)

B

(i) and (iii)

C

(ii) and (iii)

D

(iii) only

Good information should have certain qualities. Which of the following are qualities of good information?(i) Complete(ii) Extensive(iii) Relevant(iv) Accurate

A

(i), (ii) and (iii)

B

(i), (iii) and (iv)

C

(ii) and (iv)

D

All of them

Monthly variance reports are an example of which one of the following types of management information?

A

Tactical

B

Strategic

C

Non-financial

D

Operational

Which of the following statements is/are correct?

(i) Information for decision-making should incorporate uncertainty in some way

(ii) The data used to prepare financial accounts and management accounts are the

A

(i) is true and (ii) is false

B

(ii) is true and (i) is false

C

Both are true

D

Both are false

最新试题

该科目易错题

该题目相似题

Which of the following statements is/are correct?(i) A management control system is a term used to describe the hardware and software used to drive a database system which produces information outputs that are easily assimilated by management.(ii) An objective is a course of action that an organisation might pursue in order to achieve its strategy.(iii) Information is data that has been processed into a form meaningful to the recipient.A(i), (ii) and (iii)B(i) and (iii)C(ii) and (iii)D(iii) only
The overhead expenses of a company are coded using a five digit coding system, an extract from which isas follows:Cost centre Code no Types of expense Code noMachining 10 Indirect materials 410Finishing 11 Depreciation of production machinery 420Packing 12 Indirect wages 430Stores 13 Maintenance materials 440Maintenance 14 Machine hire costs 450 Depreciation of non-production equipment 460The coding for the hire costs of a packing machine is 12450.Which is the coding for the issue of indirect materials issued from stores to the machining department?A10410B10440C13410D13440
A manufacturing company has four types of cost (identified as Tl, T2, T3 and T4).The total cost for each type at two different production levels is:Cost type Total cost for 125 units Total cost for 180 units $ $ T1 1,000 1,260 T2 1,750 2,520 T3 2,475 2,826 T4 3,225 4,644Which two cost types would be classified as being semi-variable?AT1 and T3BT1 and T4CT2 and T3DT2 and T4
The following diagram represents the behaviour of one element of cost：Which ONE of the following statements is consistent with the above diagram?AAnnual factory power cost where the electricity supplier sets a tariff based on a fixed charge plus a constant unit cost for consumption but subject to a maximum annual charge. BWeekly total labour cost when there is a fixed wage for a standard 40 hour week but overtime is paid at a premium rateCTotal direct material cost for a period if the supplier charges a lower unit cost on all units once a certain quantity has been purchased in that period.D Total direct material cost for a period where the supplier charges a constant amount per unit for all units supplied up to a maximum charge for the period.
For a particular component, the re-order quantity is 6,000 units and the average inventory holding is 3,400 units.What is the level of safety inventory (in whole units)?A400B3,400C3,000D6,400
A manufacturing company uses 25,000 components at an even rate during a year. Each order placed with the supplier of the components is for 2,000 components, which is the economic order quantity. The company holds a buffer inventory of 500 components. The annual cost of holding one component in inventory is $2.What is the total annual cost of holding inventory of the component?A$2,000B$2,500C$3,000D$4,000
Which of the following statements is/are correct?(i) A by-product is a product produced at the same time as other products which has a relatively low volume compared with the other products(ii) Since a by-product is a saleable item it should be separately costed in the process account, and should absorb some of the process costs(iii) Costs incurred prior to the point of separation are known as common or joint costsA(i) and (ii) B(i) and (iii)C(ii) and (iii)D(iii) only
A spreadsheet is unlikely to be used for which of the following tasks?ACash flow forecasting BMonthly sales analysis by marketCWriting a memoDCalculation of depreciation
A company plans to sell 24,000 units of product R next year. Opening inventory of R is expected to be 2,000 units and PQ Co plans to increase inventory by 25 per cent by the end of the year. How many units of product R should be produced next year?A23,500 unitsB24,000 unitsC24,500 unitsD30,000 units
Each unit of product Alpha requires 3 kg of raw material. Next month's production budget for product Alpha is as follows.Opening inventories: Raw materials 15,000kgFinished units of Alpha 2,000 unitsBudgeted sales of Alpha 60,000 unitsPlanned closing inventories:Raw materials 7,000kgFinished units of Alpha 3,000 unitsHow many kilograms of raw materials should be purchased next month?A172,000B175,000C183,000D191,000