职上网在线题库 > ACCA英国注册会计师试题 > F2 > Chapter9-10 > The follo...

The following information relates to a management consultancy organisation:

$

Salary cost per hour for senior consultants 40

Salary cost per hour for junior consultants 25

Overhead absorption rate per hour applied to all hours 20

The organisation adds 40% to total cost to arrive at the final fee to be charged to a client. Assignment number 789 took 54 hours of a senior consultant's time and 110 hours of junior consultants' time. What is the final fee to be charged for Assignment 789?

A

$6,874

B

$10,696

C

$11,466

D

$12,642

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

Chapter10Job,batchandservicecosting

Assignment 789

$

Senior consultant - 54 hours x $40 2,160

Junior consultant - 110 hours x $25 2,750

Overhead absorption - 164 hours x $20 3,280

Total cost 8,190

40% x total cost = 40% x $8,190 3,276

Final fee 11,466

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

The manager of a profit centre is responsible for which of the following?(i) Revenues of the centre (ii) Costs of the centre (iii) Assets employed in the centreA(i) onlyB(ii) onlyC(i) and (ii) only D(i),(ii) and (iii)
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 information for advertising and sales has been established over the past six months： Month Sales revenue Advertising expenditure $'000 $'000 1 155 3 2 125 2.5 3 200 6 4 175 5.5 5 150 .5 6 225 6.5Using the high-low method which of the following is the correct equation for linking advertising and sales from the above data?ASales revenue = 62,500 + (25 x advertising expenditure)BAdvertising expenditure = - 2,500 + (0.04 x sales revenue)CSales revenue = 95,000 + (20 x advertising expenditure)DAdvertising expenditure = - 4,750 + (0.05 x sales revenue)
A company determines its order quantity for a raw material by using the Economic Order Quantity (EOQ) model.What would be the effects on the EOQ and the total annual holding cost of a decrease in the cost of ordering a batch of raw material?AEOQ Total annual holding costAHigher LowerBEOQ Total annual holding costAHigher HigherCEOQ Total annual holding costALower HigherDEOQ Total annual holding costA Lower Lower
The overhead absorption rate for product T is $4 per machine hour. Each unit of T requires 3 machine hours. Inventories of product T last period were: UnitsOpening inventory 2,400Closing inventory 2,700Compared with the marginal costing profit for the period,the absorption costing profit for product T will be which of the following?A$1,200 higherB$3,600 higherC$1,200 lowerD$3,600 lower
In calculating the life cycle costs of a product, which of the following items would beexcluded? (i) Planning and concept design costs(ii) Preliminary and detailed design costs(iii) Testing costs(iv) Production costs(v) Distribution and customer service costsA(iii)B(iv)C(v)DNone of them
As part of a process to achieve a target cost, GYE Inc are interviewing prospective customers to determine why they would buy the product and how they would use it.What term best describes this process?AValue analysisBOperational researchCTQMDLifecycle costing
In calculating the regression equation linking two variables, the standard formulae for the regression coefficients are given in terms of X and Y. Which of the following is true?AX must be the variable which will be forecastBIt does not matter which variable is whichCY must be the dependent variableDY must be the variable shown on the vertical
Which of the following best describes a top-down budget?AA budget which has been set by scaling down individual expenditure items until the total budgeted expenditure can be met from available resourcesBA budget which is set by delegating authority from top management, allowing budget holders to participate in setting their own budgetsCA budget which is set without permitting the ultimate budget holder to participate in the budgeting processDA budget which is set within the framework of strategic plans determined by top management
A one-year investment yields a return of 15%. The cash returned from the investment, including principal and interest, is $2,070. What is the interest?A$250B$270C$300D$310.50