快速查题-ACCA英国注册会计师试题

 A fixed charge: 

Company law requires a company to maintain a register of charges, but not a register of debentureholders.  

 If a company makes an unlawful dividend, who may be involved in making good the distribution? 

Which type of dividend is paid by the issue of additional shares?

The following are all steps in the implementation of the target costing process for a product: 

(1) Calculate the target cost. 

(2) Calculate the estimated current cost based on the existing product specification. 

(3) Set the required profit. 

(4) Set the selling price. 

(5) Calculate the target cost gap. 

Which of the following represents the correct sequence if target costing were to be used? 

 In target costing, which of the following would be a legitimate strategy to reduce a cost gap for a product that existed in a competitive industry with demanding shareholders? 

 A person who is held out by a company as a director and performs the duties of a director without actually being validly appointed is a: 

A public company must have two directors, a private company only needs one. 

 A manufacturing company which produces a range of products has developed a budget for the life-cycle of a new product, P. The information in the following table relates exclusively to product P:  

                                                                                         Lifetime total                                Per unit 

Design costs                                                                   $800,000 

Direct manufacturing costs                                                                                                   $20 

Depreciation costs                                                         $500,000

 Decommissioning costs                                                $20,000 

Machine hours                                                                                                                           4 

Production and sales units                                             300,000

 The company’s total fixed production overheads are budgeted to be $72 million each year and total machine hours are budgeted to be 96 million hours. The company absorbs overheads on a machine hour basis. 

What is the budgeted life-cycle cost per unit for product P? 

A company has produced the following information for a product it is about to launch: 

Units                                                                                        2,000                     5,000                  7,000 

Variable production cost per unit                                       $2.30                     $1.80                   $1.20

 Fixed production costs                                                     $3,000                   $3,500                $4,000

 Variable selling cost per unit                                            $0.50                       $0.40                $0.40 

Fixed selling costs                                                             $1,500                    $1,600               $1,600

 Administrative costs                                                            $700                        $700                  $700 

What is the life-cycle cost per unit?