职上网在线题库 > ACCA英国注册会计师试题 > F2 > Chapter15-19 > 材料全屏Each u...

材料全屏

83

【单项选择题】

Raw material opening inventories are budgeted as follows.

April May June

3,800 kg 4,200 kg 4,100 kg

The closing inventory budgeted for June is 3,900 kg.

Material purchases are paid for in the month following purchase. What is the figure to be included in the cash budget for June in respect of payments for purchases?

A

$25,100

B

$48,800

C

$50,200

D

$50,600

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

考点：Chapter16Thebudgetaryprocess

Payments in June will be in respect of May purchases.

May

Production requirements (8,400 units x 3 kg) 25,200 kg

Closing inventory 4,100 kg

29,300 kg

Less opening inventory 4,200 kg

Purchase budget 25,100 kg

x $2 per kg = payment for purchases in June $50,200

Option A is the figure for the quantity of material to be paid for, not its value. Option B is the value of June purchases, which will be paid for in July. If you selected option D your adjustments for opening and closing material inventories were the wrong way round.

多做几道

What was the actual usage of direct material during February?

A

800 kg

B

1,000 kg

C

1,200 kg

D

None of these

What was the selling price variance for February?

A

$120 (F)

B

$900 (A)

C

$1,200 (A)

D

$1,200 (F)

What was the sales volume profit variance for February?

A

$900 (F)

B

$1,200 (F)

C

$900 (A)

D

$2,100 (A)

材料全屏

30

【简答题】

From the information provided calculate

(i) The actual price paid per kg for the direct material

(ii) The standard quantity that should have been used for actual production.

Which of the following is likely to lead to the variances stated above?

A

lower quality direct material has been purchased

B

higher quality direct material has been purchased

最新试题

该科目易错题

该题目相似题

材料全屏G Co makes the following purchases and sales.1 January Purchases Sales4.000 units for $10,00031 January Purchases 1.000 units for $2,00015 February Sales 3.000 units for $13,00028 February Purchases 1,500 units for $3,75014 March Sales 500 units for $1,20054【单项选择题】At 31 March which of the following closing inventory valuations using FIFO is correct?A$8,000B$7,500C$7,000D$6,500
材料全屏A company manufactures Chemical X, in a single process. At the start of the month there was no work-inprogress. During the month 300 litres of raw material were input into the process at a total cost of $6,000. Conversion costs during the month amounted to $4,500. At the end of the month 250 litres of Chemical X were transferred to finished goods inventory. The remaining work-in-progress was 100% complete with respect to materials and 50% complete with respect to conversion costs. There were no losses in the process and there is no scrap value available during months when losses occur.58【单项选择题】What are the equivalent units for closing work-in-progress at the end of the month?AMaterial Conversion costs25 litres 25 litresBMaterial Conversion costs25 litres 50 litresCMaterial Conversion costs50 litres 25 litresDMaterial Conversion costs50 litres 50 litres
材料全屏A company manufactures two joint products, P and R, in a common process. Data for June are as follows. $Opening inventory 1,000Direct materials added 10,000Conversion costs 12,000Closing inventory 3,000 Production Sales Sales price Units Units $ per unit P 4,000 5,000 5 R 6,000 5,000 1064【单项选择题】 If costs are apportioned between joint products on a sales value basis, what was the cost per unit of product R in June?A$1.25B$2.22C$2.50D$2.75
If costs are apportioned between joint products on a physical unit basis, what was the total cost of product P production in June?A$8,000B$8,800C$10,000D$12,000
Which graph shows best the relationship between production levels and overhead costs for L Co?ABC
State the formula that should be entered into cell B4
材料全屏J Co is considering investing in a new machine costing $18,750, payable immediately. The scrap value will be zero, and the machine will be depreciated on a straight line basis. Output would be 1,000 units per year for each of the six years of the machine's life. Each unit earns a contribution of $5.76【简答题】Assuming that the cash flows arise evenly throughout the year, calculate the payback period in years and months.
The managers have now been told that although the levels of glass inventory did not change during July, wood inventory rose by 15 kg.Which manager will need to have this fact accounted for in their performance appraisal?APurchasing managerBProduction manager
In the following graph, which area arises because both the material quantity and price are above standard levels?AArea 1 onlyBArea 2 onlyCArea 2 and 3DArea 1 and 2
材料全屏A company manufactures a single product. An extract from a variance control report together with relevant standard cost data is shown below.Standard selling price per unit $70Standard direct material cost (5 kg x $2 per kg) $10 per unitBudgeted total material cost of sales $2,300 per monthBudgeted profit margin $6,900 per monthActual results for FebruarySales revenue $15,200Total direct material cost $2,400Direct material price variance $800 adverseDirect material usage variance $400 favourableThere was no change in inventory levels during the month.65【单项选择题】What was the actual production in February?A200 unitsB217 unitsC240 unitsD280 units