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材料全屏

44

【简答题】

For Tel Co for the year ended 30 November 20X2 calculate:

(i) The inventory holding period

(H) The receivables collection period

(iii) The payables period

(iv) The current ratio

Perform your calculations for (i), (ii) and (iii) to the nearest day and assume that there are 365 days in a year

Perform your calculation for part (iv) to B decimal places.

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考点：Chapter21Performancemeasurement

Liquidity ratios:

(i) Inventory holding period = $35,000/$284,000 x 365 = 45 days

(ii) Receivables collection period = $37,400/$343,275 x 365 = 40 days

(iii) Payables period = $35/410/$275,000 x 365 = 47 days

(iv) Current ratio = ($35,000 + $37,400)/<$40,500 + $35,410} = 0.954

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

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