In a particular process, the input for the period was 2,000 units. There were no inventories at the beginning or end of the process. Normal loss is 5% of input. In which of the following circumstances is there an abnormal gain?
(i) Actual output = 1,800 units
(ii) Actual output = 1,950 units
(iii) Actual output = 2,000 units
Expected output = 2,000 units less normal loss (5%) 100 units = 1,900 units
In situation (i) there is an abnormal loss of 1,900 - 1,800 = 100 units In situation (ii) there is an abnormal gain of 1,950 - 1,900 = 50 units In situation (iii) there is an abnormal gain of 2,000 - 1,900 = 100 units
Therefore the correct answer is D.
多做几道
Which of the following statements about management accounting information is/are true?
(i) They must be stated in purely monetary terms.
(ii) Limited companies must, by law, prepare management accounts.
(iii) They serve as a future planning tool and are not used as an historical record.
Which of the following statements is/are correct?
(i) A management control system is a term used to describe the hardware and software used to drive a database system which produces information outputs that are easily assimilated by management.
(ii) An objective is a course of action that an organisation might pursue in order to achieve its strategy.
(iii) Information is data that has been processed into a form meaningful to the recipient.
Good information should have certain qualities. Which of the following are qualities of good information?(i) Complete(ii) Extensive(iii) Relevant(iv) Accurate
Monthly variance reports are an example of which one of the following types of management information?
Which of the following statements is/are correct?
(i) Information for decision-making should incorporate uncertainty in some way
(ii) The data used to prepare financial accounts and management accounts are the
最新试题
该科目易错题
该题目相似题
