快速查题-ACCA英国注册会计师试题

Which of the following may be considered to be objectives of budgeting?(i) Co-ordination(ii) Communication(iii) Expansion(iv) Resource allocation

What does the statement 'sales is the principal budget factor' mean?

A manufacturing firm is very busy and overtime is being worked. How would the amount of overtime premium contained in direct wages normally be classed?

A company makes chairs and tables. Which of the following items would be treated as an indirect cost?

Which of the following is correct with regard to inventories?

(i) Stock-outs arise when too little inventory is held

(ii) Safety inventories are the level of units maintained in case there is unexpected demand

(iii) A re-order level can be established by looking at the maximum usage and the maximum leadtime

What is the economic batch quantity used to establish?Optima

Which of the following statements is correct?

A company manufactures a carbonated drink, which is sold in 1 litre bottles. During the bottling process there is a 20% loss of liquid input due to spillage and evaporation. What is the standard usage of liquid per bottle?

In a period where opening inventories were 15,000 units and closing inventories were 20,000 units, a firm had a profit of $130,000 using absorption costing. If the fixed overhead absorption rate was $8 per unit, the profit using marginal costing would be which of the following?

In a period, a company had opening inventory of 31,000 units and closing inventory of 34,000 units. Profits based on marginal costing were $850,500 and on absorption costing were $955,500. If the budgeted total fixed costs for the company was $1,837,500, what was the budgeted level of