快速查题-ACCA英国注册会计师试题

 A company makes and sells product X and product Y. Twice as many units of product Y are made and sold as that of product X. Each unit of product X makes a contribution of $10 and each unit of product Y makes a contribution of $4. Fixed costs are $90,000. 

What is the total number of units which must be made and sold to make a profit of $45,000? 

 Betis Limited is considering changing the way it is structured by asking its employed staff to become freelance.  Employees are currently paid a fixed salary of $240,000 per annum, but would instead be paid $200 per working day.  On a typical working day, staff can produce 40 units. Other fixed costs are $400,000 pa.  

The selling price of a unit is $60 and material costs are $20 per unit. 

What will be the effect of the change on the breakeven point of the business and the level of operating risk? 

VPS is a large manufacturing business that is introducing an activity based costing system into its business. VPS ships components via its own logistics operation to its central manufacturing centre in Glasgow from a wide variety of locations. It is attempting to identify the correct cost driver for the cost pool called ‘component handling’. 

Which of the following would be the correct figure to use? 

A company which makes two products, Alpha and Zeta, uses activity-based costing to absorb its overheads. It has recently identified a new overhead cost pool for inspection costs and has decided that the cost driver is the number of inspections.

 The following information has been provided:  

Total inspection costs                                              $250,000  

                                                                                        Alpha                          Zeta 

Production volume (units)                                          2,500                         8,000 

Machine hours per unit                                                   1                                1.5 

Units per batch                                                                500                          1,000 

Inspections per batch                                                      4                                 1 

What is the inspection cost per unit for product Alpha? 

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 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?