【单项选择题】
Raw material opening inventories are budgeted as follows.
April May June
3,800 kg 4,200 kg 4,100 kg
The closing inventory budgeted for June is 3,900 kg.
Material purchases are paid for in the month following purchase. What is the figure to be included in the cash budget for June in respect of payments for purchases?
Payments in June will be in respect of May purchases.
May
Production requirements (8,400 units x 3 kg) 25,200 kg
Closing inventory 4,100 kg
29,300 kg
Less opening inventory 4,200 kg
Purchase budget 25,100 kg
x $2 per kg = payment for purchases in June $50,200
Option A is the figure for the quantity of material to be paid for, not its value. Option B is the value of June purchases, which will be paid for in July. If you selected option D your adjustments for opening and closing material inventories were the wrong way round.
多做几道
What was the actual usage of direct material during February?
What was the selling price variance for February?
What was the sales volume profit variance for February?
【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?
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