quiz thầy

Câu hỏi 1
Đúng
Đạt điểm 0,50 trên 0,50
Đặt cờ
Đoạn văn câu hỏi

When using a flexible budget, what will occur to fixed costs as the activity level
increases within the relevant range?
a.
fixed costs are not considered in flexible budgeting
b.
fixed costs per unit will decrease
c.
fixed costs per unit will increase
d.
fixed costs per unit will remain unchanged
Phản hồi
The correct answer is:
fixed costs per unit will decrease
Câu hỏi 2
Đúng
Đặt cờ

A Corporation has a standard cost system in which it applies manufacturing
overhead to products on the basis of standard machine-hours (MHs). The
company's cost formula for variable manufacturing overhead is $6.20 per MH. The
company had budgeted its fixed manufacturing overhead cost at $40,000 for the
month. During the month, the actual total variable manufacturing overhead was
$48,970 and the actual total fixed manufacturing overhead was $43,000. The actual
level of activity for the period was 8,300 MHs. What was the total of the variable
overhead spending and fixed overhead budget variances for the month?
a.
$510 unfavorable
b.
$2,490 favorable
c.
$510 favorable
d.
$2,490 unfavorable
Phản hồi
$510 unfavorable
Câu hỏi 3
Đúng
Đặt cờ

A Corporation has a standard cost system in which it applies manufacturing
overhead to products on the basis of standard machine-hours (MHs). The company
has provided the following data for the most recent month:
Budgeted level of activity ...................................... 7,400 MHs
Actual level of activity .......................................... 7,500 MHs
Cost formula for variable overhead cost ............... $5.90 per MH
Budgeted fixed overhead cost ............................... $60,000
Actual total variable overhead ............................... $42,750
Actual total fixed overhead ................................... $61,000
What was the variable overhead spending variance for the month?
a.
$1,000 unfavorable
b.
$910 favorable
c.
$590 unfavorable
d.
$1,500 favorable
Phản hồi
The correct answer is: $1,500 favorable
Câu hỏi 4
Đúng
Xóa cờ

Comparing actual results to a budget based on actual activity for the period is
possible with the use of a:
a.
master budget
b.
flexible budget
c.
monthly budget
d.
rolling budget
Phản hồi
flexible budget
Câu hỏi 5
Đúng
Đặt cờ

ABC Company has a large underapplied overhead balance in the manufacturing
overhead account. This could be explained by:
a.
standard hours allowed for the period's output being greater than denominator hours
for the period.
b.
an unfavorable volume variance, assuming all other variances are zero.
c.
a favorable volume variance, assuming all other variances are zero.
d.
none of these.
Phản hồi
an unfavorable volume variance, assuming all other variances are zero.
Câu hỏi 6
Sai
Xóa cờ

ABC Medical Clinic measures its activity in terms of patient-visits. Last month, the
budgeted level of activity was 1,080 patient-visits and the actual level of activity was
990 patient-visits. The clinic's director budgets for variable overhead costs of $3.30
per patient-visit and fixed overhead costs of $10,600 per month. The actual variable
overhead cost last month was $3,380 and the actual fixed overhead cost was
$8,780. In the clinic's flexible budget performance report for last month, what would
have been the variance for the total overhead cost?
a.
$113 U
b.
$2,004 F
c.
$297 F
d.
$1,707 F
Phản hồi
$1,707 F
Câu hỏi 7
Đúng
Xóa cờ

A Corporation applies manufacturing overhead to products on the basis of standard
machine-hours. The company's cost formula for variable overhead cost is $2.90 per
machine-hour. The actual variable overhead cost for the month was $15,270. The
original budget for the month was based on 5,000 machine-hours. The company
actually worked 5,090 machine-hours during the month. The standard hours allowed
for the actual output of the month totaled 5,200 machine-hours. What was the
variable overhead efficiency variance for the month?
a.
$319 favorable
b.
$580 unfavorable
c.
$190 unfavorable
d.
$509 unfavorable
Phản hồi
$319 favorable
Câu hỏi 8
Đúng
Đặt cờ

XYZ, Inc., uses a standard cost system in which it applies manufacturing overhead to
units of product on the basis of standard direct labor-hours. During the month of
September, the company applied $52,000 in fixed manufacturing overhead cost to
units of product. At the end of the month, manufacturing overhead was overapplied
by $3,000. If there was no volume variance in September, then the budgeted fixed
manufacturing overhead cost for the month was:
a.
$52,000
b.
$49,000
c.
$58,000
d.
$55,000
Phản hồi
$52,000
Câu hỏi 9
Đúng
Đặt cờ

A major disadvantage of static budgets is:
a.
the difficulty in developing such budgets due to the high cost of gathering the
necessary information.
b.
their length and complexity
c.
that the variances between actual and budget on a static budget result from
comparing actual costs at one level of activity to budgeted costs at a different level
of activity
d.
the cost behavior pattern of manufacturing overhead, which is primarily fixed
Phản hồi
that the variances between actual and budget on a static budget result from
comparing actual costs at one level of activity to budgeted costs at a different level
of activity
Câu hỏi 10
Không trả lời
Đạt điểm 0,50
Xóa cờ

ABC, Inc. had the following fixed overhead variances last year:
Fixed overhead budget variance ................ $30,000 unfavorable
Fixed overhead volume variance ............... $6,000 favorable
ABC uses machine-hours as an activity base for overhead and used 48,000
machine-hours as the denominator activity level for the year. Total actual fixed
overhead was $150,000. The actual number of machine-hours incurred was 50,000.
What were ABC's standard hours allowed for actual output?
a.
42,000
b.
52,500
c.
40,000
d.
50,400
Phản hồi
50,400
Câu hỏi 11
Sai
Đặt cờ

It is not important that the activity base and overhead costs be causally related when
developing a flexible budget.
Đúng
Sai
Phản hồi
Đáp án chính xác là "Sai"
Câu hỏi 12
Đúng
Đặt cờ

The static budget should be used primarily to determine whether cost control is
being maintained.
Đúng
Sai
Phản hồi
Câu hỏi 13
Đúng
Đặt cờ

Responsibility for the overhead efficiency variance should be assigned to whoever is
responsible for control of the activity base underlying the flexible budget.
Đúng
Sai
Phản hồi
Đáp án chính xác là "Đúng"
Câu hỏi 14
Sai
Đặt cờ

Tropiano Electronics Corporation has a standard cost system in which it applies
manufacturing overhead to products on the basis of standard machine-hours (MHs).
The company had budgeted its fixed manufacturing overhead cost at $62,100 for the
month and its level of activity at 3,200 MHs. The actual total fixed manufacturing
overhead was $61,600 for the month and the actual level of activity was 3,000 MHs.
What was the fixed overhead budget variance for the month to the nearest dollar?
a.
$500 favorable
b.
$500 unfavorable
c.
$3,381 favorable
d.
$3,381 unfavorable
Phản hồi
$500 favorable
Câu hỏi 15
Sai
Đặt cờ

Last year, a department's standard costing system reported an unfavorable variable
overhead spending variance and an unfavorable volume variance. The denominator
activity level selected for allocating overhead to the product was based on 80% of
capacity. If 100% of capacity had been selected instead as the denominator level,
how would the reported unfavorable spending and volume variances be affected?
a.
Spending variance: Increased, Volume variance: Increased
b.
Spending variance: Increased; Volume variance: Unchanged
c.
Spending variance: Unchanged, Volume variance: Unchanged
d.
Spending variance: Unchanged; Volume variance: Increased
Phản hồi
Spending variance: Unchanged; Volume variance: Increased
Câu hỏi 16
Đúng
Đặt cờ

The activity base for a flexible budget should usually be expressed in units of activity
rather than in dollars.
Đúng
Sai
Phản hồi
Câu hỏi 17
Đúng
Đặt cờ

A company that wants to report both spending and efficiency variances for overhead
must compute budget allowances for both the actual amount of activity that
occurred and the standard level of activity allowed for the level of output achieved.
Đúng
Sai
Phản hồi
Câu hỏi 18
Đúng
Đặt cờ

A fixed overhead volume variance based on standard direct labor-hours measures:
a.
deviation from the denominator level of direct labor hours
b.
fixed overhead efficiency.
c.
deviation from standard direct labor hour capacity.
d.
fixed overhead spending.
Phản hồi
The correct answer is: deviation from the denominator level of direct labor hours
Câu hỏi 19
Đúng
Đặt cờ

Fixed costs should not be included in a flexible budget since such costs are not likely
to be controllable by managers.
Đúng
Sai
Phản hồi
Câu hỏi 20
Đúng
Đặt cờ

XYZ Footwear Corporation's flexible budget cost formula for supplies, a variable
overhead cost, is $2.94 per unit of output. The company's flexible budget
performance report for last month showed a $4,998 favorable variance for supplies.
During that month, 11,900 units were produced. Budgeted activity for the month had
been 12,300 units. The actual costs incurred for indirect materials must have been
closest to:
a.
$2.52
b.
$2.10
c.
$2.03
d.
$2.94
Phản hồi
$2.52
Câu hỏi 1
Đúng
Đặt cờ

Consider the following statements about support department cost allocations.
i. In a modern manufacturing environment, it is not necessary to allocate support
department costs.
ii. Support department cost allocations continue to be necessary when a highly
automated system is in use.
iii. In a flexible manufacturing system, the need to allocate costs diminishes because
more costs have become traceable to the product.
Which statement/s is/are true?
a.
i, ii and iii
b.
i and ii
c.
i
d.
ii and iii
Phản hồi
ii and iii
Câu hỏi 2
Đúng
Đặt cờ

Consider the following statements about support department cost allocations.
i. The allocation of actual costs encourages support department managers to
control the costs in their departments.
ii. When budgeted costs are allocated, any efficiency in support department
operations are passed along to user departments.
iii. The allocation of budgeted costs rather than actual costs gives an incentive for
support department managers to control costs in their departments.
Which statement/s is/are true?
a.
i and ii
b.
ii
c.
i
d.
iii
Phản hồi
iii
Câu hỏi 3
Không trả lời
Đạt điểm 0,50
Đặt cờ

The following information relates to the ABC Company for the year 2021
Plant capacity 480 000 machine hours
Normal level of production 432 000 machine hours
Budgeted level of production 360 000 machine hours
Budgeted manufacturing overhead $2 160 000
Actual manufacturing overhead for the
month of February 2021 $175 000
Actual machine hours used for February 2021 35 000
What would be the amount of underapplied or overapplied overhead at the end of the
month if overhead rates were calculated based on practical capacity, normal
capacity and budgeted capacity respectively.
a.
Neither under or over; $17 500 under; $35 000 over
b.
$17 500 under; $35 000 over; neither under or over
c.
Neither under or over; $35 000 over; $17 500 under
d.
$17 500 under; neither under or over; $35 000 over
Phản hồi
$17 500 under; neither under or over; $35 000 over
Câu hỏi 4
Đúng
Đặt cờ

When the step-down method is used to allocate support department costs, a
common way to select the first support department in the sequence is to choose the
support department which:
a.
serves no other support department
b.
obtains the highest yield
c.
serves the greatest number of other support departments
d.
obtains the highest yield AND serves no other support department
Phản hồi
serves the greatest number of other support departments
Câu hỏi 5
Đúng
Đặt cờ

The mutual provision of service between support departments is called:
a.
shared services
b.
joint service
c.
allocated services
d.
reciprocal services
Phản hồi
reciprocal services
Câu hỏi 6
Đúng
Đặt cờ

The support department cost allocation method that recognises some of the
reciprocal services between support departments is called the:
a.
dual cost allocation method
b.
step-down method
c.
joint cost method
d.
reciprocal method
Phản hồi
step-down method
Câu hỏi 7
Đúng
Đặt cờ

The first step under the step-down method is:
a.
apply a cost to the secondary support departments
b.
choose a sequence in which to allocate support department costs
c.
allocate total support department costs to production departments
d.
determine the overhead base for each production department
Phản hồi
choose a sequence in which to allocate support department costs
Câu hỏi 8
Đúng
Đặt cờ

The size and scale of support departments is usually determined by the:
a.
average fixed and variable costs
b.
projected long-run needs of the user departments
c.
capital budget
d.
short-term needs of the user departments
Phản hồi
projected long-run needs of the user departments
Câu hỏi 9
Sai
Đặt cờ

Assume a firm uses job costing. Which of the following is NOT a good reason to use
departmental overhead rates rather than a single plantwide rate?
a.
Overhead costs in some departments are a very large proportion of total department
cost, but are a very small proportion in other departments
b.
Total overhead costs amount to about 5 per cent of total prime costs
c.
The various products made by the firm follow different sequences of manufacturing
activities
d.
The firm makes multiple products using common equipment and employees
Phản hồi
Total overhead costs amount to about 5 per cent of total prime costs
Câu hỏi 10
Không trả lời
Đạt điểm 0,50
Đặt cờ

The ABC Store has a Janitorial Department and a Personnel Department that provide
services to three Sales Departments. The Janitorial Department cost is allocated
based on space and the Personnel Department cost is allocated because of
employees. The following information is available.
Personnel Dept Janitorial Dept Sales
#1 Sales#2 Sales#3
Budget $45 000 $30 000
Space (sq m) 4000 1000 20
000 30 000 50 000
No. of
Employees 5 10 15 45
30
Using the step-down method, calculate the amount of Personnel Department cost
allocated to Sales Department #3, if the Personnel Department is allocated first.
a.
$15 000
b.
$13 500
c.
$12 857
d.
$12 000
Phản hồi
$13 500
Câu hỏi 11
Sai
Đặt cờ

Which of the following would NOT be a volume-based cost driver in a traditional
costing system?
a.
Direct labour hours
b.
Machine hours
c.
Factory floor area in square metres
d.
Quantity of direct material
Phản hồi
Factory floor area in square metres
Câu hỏi 12
Sai
Đặt cờ

The process of allocating fixed and variable costs separately is called:
a.
variable cost application
b.
fixed cost separation
c.
dual cost allocation
d.
reciprocal cost allocation
Phản hồi
dual cost allocation
Câu hỏi 13
Đúng
Đặt cờ

The following information relates to the ABC Company for the year 2021
Plant capacity 480 000 machine hours
Normal level of production 432 000 machine hours
Budgeted level of production 360 000 machine hours
Budgeted manufacturing overhead $2 160 000
Actual manufacturing overhead for the
month of February 2021 $175 000
Actual machine hours used for February 2021 35 000
The predetermined overhead rates per machine hour based on practical capacity,
normal capacity and budgeted capacity respectively are:
a.
$6.00, $5.00 and $4.50
b.
$4.50, $5.00 and $6.00
c.
$6.00, $4.50 and $5.00
d.
$5.00, $4.50 and $6.00
Phản hồi
$4.50, $5.00 and $6.00
Câu hỏi 14
Đúng
Đặt cờ

The ABC Store has a Janitorial Department and a Personnel Department that provide
services to three Sales Departments. The Janitorial Department cost is allocated
based on space and the Personnel Department cost is allocated based on
employees. The following information is available.
Personnel Dept Janitorial Dept Sales
#1 Sales#2 Sales#3
Budget $45 000 $30 000
Space (sq m) 4000 1000 20
000 30 000 50 000
No. of
Employees 5 10 15 45
30
Using the direct method, calculate the amount of Personnel Department cost
allocated to Sales Department #3.
a.
$12 857
b.
$15 000
c.
$12 000
d.
$13 500
Phản hồi
$15 000
Câu hỏi 15
Sai
Đặt cờ

Consider the following statements about the two-stage cost allocation process.
i. Costs in various cost pools are distributed to all departments, including support
and production departments.
ii. Support department costs are allocated to production departments.
iii. Costs are assigned to each production department that has worked on the
product.
Which statement/s is/are correct?
a.
ii
b.
i and iii
c.
i, ii and iii
d.
iii
Phản hồi
The correct answer is: i, ii and iii
Câu hỏi 16
Sai
Đặt cờ

The most widely used methods of support department cost allocations are the:
a.
direct method and step-down method
b.
direct method and cost application
c.
cost distribution and step-down method
d.
step-down method and cost application
Phản hồi
direct method and step-down method
Câu hỏi 17
Không trả lời
Đạt điểm 0,50
Đặt cờ

Management would prefer to use either absorption costing or variable costing
depending on:
a.
whether they consider the benefits of using variable costing outweigh the additional
costs involved
b.
which gives the highest profit figure
c.
which is provided at the least cost
d.
which is required by the Australian accounting standards
Phản hồi
whether they consider the benefits of using variable costing outweigh the additional
costs involved
Câu hỏi 18
Không trả lời
Đạt điểm 0,50
Đặt cờ

Variable costing is more useful than absorption costing for:
i. special order decisions
ii. short-term pricing of products
iii. long-term pricing of products
a.
i
b.
iii
c.
i and ii
d.
i, ii and iii
Phản hồi
i and ii
Câu hỏi 19
Không trả lời
Đạt điểm 0,50
Đặt cờ

The 'direct method' ignores the fact that:
a.
cost allocation is a major factor in its accountability.
b.
some support departments provide services to other support departments.
c.
each department's cost is allocated only for the service consumed by it.
d.
All of the given answers
Phản hồi
some support departments provide services to other support departments.
Câu hỏi 20
Không trả lời
Đạt điểm 0,50
Đặt cờ

Consider the following statements about support department costs.
i. In order to assign all manufacturing costs to products, support department costs
must be allocated to production departments.
ii. Support department costs are period costs rather than product costs because the
support departments are not directly involved in production.
iii. Support departments are not considered crucial to the production process.
Which statement/s is/are correct?
a.
i and iii
b.
i
c.
iii
d.
i, ii and iii
Phản hồi
i
Câu hỏi 1
Đúng
Xóa cờ

All the following are considered to be benefits of participative budgeting, except for:
a.
The budget estimates are prepared by those in directly involved in activities.
b.
Managers are held responsible for reaching their goals and cannot easily shift
responsibility by blaming unrealistic goals set by others.
c.
Individuals at all organizational levels are recognized as being part of a team; this
results in greater support for the organization.
d.
When managers set their own targets for the budget, top management need not be
concerned with the overall profitability of operations.
Phản hồi
When managers set their own targets for the budget, top management need not be
concerned with the overall profitability of operations.
Câu hỏi 2
Đúng
Đặt cờ

The budget method that maintains a constant twelve month planning horizon by
adding a new month on the end as the current month is completed is called:
a.
a continuous budget
b.
a capital budget
c.
an operating budget
d.
a master budget
Phản hồi
a continuous budget
Câu hỏi 3
Đúng
Đặt cờ

A definition of zero-based budgeting is set out below, with two blank sections.
"Zero - based budgeting: a method of budgeting which requires each cost element
________, as though the activities to which the budget relates _________."
Which combination of two phrases correctly completes the definition?
a.
to be specifically justified; were being undertaken for the first time
b.
to be specifically justified; could be out-sourced to an external supplier
c.
to be set at zero; could be out-sourced to an external supplier
d.
to be set at zero; were being undertaken for the first time
Phản hồi
to be specifically justified; were being undertaken for the first time
Câu hỏi 4
Đúng một phần
Đặt cờ

Which TWO of the following are expected benefits from a beyond budgeting
approach?
a.
It is cheap and easy to introduce
b.
Coordination between activities becomes easier
c.
Innovation and continuous improvement become more likely
d.
The organization becomes more customer focused
Phản hồi
The correct answers are:
Innovation and continuous improvement become more likely,
The organization becomes more customer focused
Câu hỏi 5
Sai
Đặt cờ

The time taken to produce the first batch of 50 units was 500 hours. The total time
for the first 16 batches of 50 units was 5,731 hours.
What is the learning rate (to the nearest %)?
20
Answer:
Phản hồi
The correct answer is: 0,92
Câu hỏi 6
Đúng
Đặt cờ

Which of the following statement(s) is/are true regarding budgetary systems in the
performance hierarchy?
(1) Developing new products in response the changes in technology is a budgeting
activity that would fall within operational planning and control
(2) Budgetary systems at strategic planning levels look at the business as a whole
and define resource requirements.
a.
Both (1) and (2)
b.
(1) only
c.
(2) only
d.
Neither (1) nor (2)
Phản hồi
(2) only
Câu hỏi 7
Đúng
Đặt cờ

EFG uses an activity-based budgeting system. It manufactures three products,
budgeted details of which are set out below:
Product E Product F Product G

Budgeted annual production (units) 75,000 120,000 60,000
Batch size (units) 200 60 30
Machine set-ups per batch 5 3 9
Purchase orders per batch 4 2 2
Processing time per unit (minutes) 3 4 4
Three cost pools have been identified. Their budgeted costs for the year ending 30
Sep 20x3 are as follows:
Machine set-up costs: $180,000
Purchasing of Materials: $95,000
Processing: $110,000
Which of the following is the budgeted machine set-up cost per unit of product F?
a.
Cannot be determined
b.
$6.96
c.
$0.1739
d.
$0.35
Phản hồi
$0.35
Câu hỏi 8
Đúng
Đặt cờ

In preparing a master budget, top management is generally best able to:
a.
point out the particular persons who are to blame for inability to meet budget goals
b.
responses a, b, and c are all correct
c.
provide a perspective on the company as a whole
d.
prepare detailed departmental-level budget figures
Phản hồi
provide a perspective on the company as a whole
Câu hỏi 9
Đúng
Đặt cờ

Which of the following best describes a master budget?
a.
budgeted income statement and budgeted balance sheet only
b.
budgeted income statement and budgeted cash flow only
c.
budgeted income statement, budgeted balance sheet and budgeted cash flow
d.
budgeted income statement and budgeted capital expenditure
Phản hồi
budgeted income statement, budgeted balance sheet and budgeted cash flow
Câu hỏi 10
Sai
Đặt cờ

The time taken to produce the first unit produced was 100 hours. The time for the
second unit was 90 hours.
What is the learning rate (to the nearest %)?
92
Answer:
Phản hồi
Câu hỏi 11
Đúng
Đặt cờ

The management accountant of a business has identified the following information:
Activity level 800 units 1,200 units

total cost $16,400 $23,600
The fixed costs of the business step up 40% at 900 units

What is the variable cost per unit?
a.
$8
b.
$18
c.
$20
d.
$19.67
Phản hồi
$8
Câu hỏi 12
Đúng
Đặt cờ

Which of the following statement are true regarding activities-based budgeting
(ABB)?
(1) The costs determined using activity-based costing (ABC) are used as a basic for
preparing budgets.
(2) The aim of ABB is to control the number of units output rather than the costs
themselves.
a.
Neither (1) nor (2)
b.
(1) only
c.
(2) only
d.
Both (1) and (2)
Phản hồi
(1) only
Câu hỏi 13
Sai
Đặt cờ

The time taken to produce the first batch of 50 unit was 400 hours but the labor
budget is subject to a learning effect where the learning rate is 90%. The rate of of
pay for labor is $12 per hour.
The business has received and satisfied an order for 600 units but it has now
received a second order for another 800 units.
The value of b is = -0.152
What will be the labor cost for the second order? (to the nearest $)
114,528
Answer:
Phản hồi
Câu hỏi 14
Sai
Đặt cờ

The budgeted electricity cost for a business is $30,000 based upon production of
1,000 units. However, if 1,400 units were to be produced, the budgeted cost would
rise to $31,600.
using the high/low approach what would be the budget electricity cost if 2,100 units
were to be produced (to the nearest $)?
3,360
Answer:
Phản hồi
The correct answer is: 34400
Câu hỏi 15
Sai
Đặt cờ

The management accountant of a business has identified the following information:
Activity level 800 units 1,200 units

total cost $16,400 $23,600
The fix costs of the business step up by 40% at 900 units

What is the fixed cost at 1,100 units?
a.
$6,400
b.
$14,000
c.
$10,000
d.
$7,600
Phản hồi
$14,000
Câu hỏi 16
Đúng
Đặt cờ

Which of the following is NOT an objective of the budgeting process?
a.
To communicate management's plans throughout the entire organization
b.
To uncover potential bottlenecks before they occur
c.
To ensure that the company continues to grow
d.
To provide a means of allocating resources to those parts of the organization where
they can be used most effectively
Phản hồi
To ensure that the company continues to grow
Câu hỏi 17
Đúng
Đặt cờ

What of the following is an advantage of non-participative budgeting as compared to
participated budgeting?
a.
It increases motivation
b.
it increases acceptance
c.
the budgets produced are more attainable
d.
it is less time consuming
Phản hồi
it is less time consuming
Câu hỏi 18
Đúng
Đặt cờ

the following table shows the number of clients who attend a particular accountancy
practice over the last four weeks and the total costs incurred during each of the
weeks:
Week Number of clients Total cost ($)

1 400 36,880
2 440 39,840
3 420 36,800
4 460 40,000
Applying the high low method to the above information, which of the following could
be used to forecast total cost ($) from the number of clients expected to attend
(where x = the expected number of clients)?
a.
7,280 + 74x
b.
16,080 + 52x
c.
40,000/x
d.
3,200 + 80x
Phản hồi
16,080 + 52x
Câu hỏi 19
Đúng
Đặt cờ

Which of the following is a common feature of a beyond budgeting approach?
a.
A greater focus on standardization
b.
A greater use of rolling budgets
c.
A greater emphasis on financial targets
d.
A greater use of top-down budgets
Phản hồi
A greater use of rolling budgets
Câu hỏi 20
Đúng
Đặt cờ

Which TWO of the following statements regarding zero-based budgeting are correct?
a.
It can link strategic goals to specific functional areas
b.
It is best applied to support expenses rather than to direct costs
c.
it is consistent with a top-down budgeting approach
d.
it carries forward inefficiencies from previous budget periods
Phản hồi
It is best applied to support expenses rather than to direct costs,
It can link strategic goals to specific functional areas
Câu hỏi 1
Đúng
Đặt cờ

An organization manufactures and sells a single product, the G. It has produced the
following budget for the coming year:
$000 $000
Sales revenue (20,000 units) 5,000
Manufacturing costs
Fixed 1,600
Variable 1,400
Selling costs
Fixed 1,200
Variable 400
Cost of sales (4,600)
Profit 400
If inventory levels are negligible, what is the breakeven point in units?

a.
17,500
b.
13,634
c.
28,000
d.
13,750
Phản hồi
17,500
Câu hỏi 2
Đúng
Đặt cờ

A company manufactures and sells a single product with a variable cost per unit of
$36. It has a contribution ratio of 25%. The company has weekly fixed cost of
$18,000.
Which of the following is the weekly breakeven point in units?
a.
2,000
b.
1,500
c.
1,800
d.
1,600
Phản hồi
1,500
Câu hỏi 3
Đúng
Xóa cờ

Edwards sell two products with selling prices and contributions as follows:
Product F Product G
Selling price per unit 40$ $20
Contribution per unit $10 $4
Budgeted sales units 150,000 100,000
Edwards' fixed costs are $1,400,000 per year.
What are Edwards' current breakeven revenue (to the nearest $)?
a.
$100,000
b.
$200,000
c.
$5,894,737
d.
$5,600,000
Phản hồi
$5,894,737
Câu hỏi 4
Đúng
Đặt cờ

The management accountant of Caroline plc has calculated the firm's breakeven
point from the following data:
Selling price per unit $20
Variable cost per unit $8
Fixed overheads for next year $79,104
It's is now expected that the product's selling's price and variable cost will increase
by 8% and 5.2% respectively.
By how much will Caroline's breakeven point for next year change by as a result of
these changes?
a.
Rise by 2.8%
b.
Fall by 2.8%
c.
Rise by 9%
d.
Fall by 9%
Phản hồi
Fall by 9%
Câu hỏi 5
Sai
Đặt cờ

P Co makes two products - P1 and P2 - budgeted details of which are as follows:
budgeted detail of P CO
P1 P2
$ $
Selling price 10.00 8.00
Cost per unit:
Direct Materials 3.50 4.00
Direct Labour 1.50 1.00
Variable overhead 0.60 0.40
Fixed overhead 1.20 1.00
Profit per unit 3.20 1.60
Budgeted production and sales for the year ended 30 November 2015 are:
Product P1 10,000 Units
Product P2 12,500 units
The fixed overhead costs included in P1 relate to apportionment of general overhead

costs only. However P2 also includes specific fixed overheads totaling $2,500.
If only product 1 were to be made, how many units (to the nearest unit) would need
to be sold in order to achieve a profit of $60,000 each year?
a.
18,865
b.
19,875
c.
16,685
d.
18,637
Phản hồi
18,637
Câu hỏi 6
Đúng một phần
Xóa cờ

Hubbard Ltd manufactures and sells a single product that has the following cost and
selling price structure:
$/unit
Selling price 199
Direct material 54
Direct Labour 50
Variable overhead 20
Fixed overhead 22
53
The fixed overhead absorption rate is based on the normal budgeted capacity of
6,200 units per month. the same amount is spent each month on fixed overheads.
Which two of following statements about the performance of Hubbard Ltd next
month are correct?
a.
Monthly fixed cost amount to $136,400
b.
1,921 units are required to breakeven next month
c.
The margin of safety next month is 75%
d.
3,152 units of sales are required to achieve a profit of $100,000 next month.
Phản hồi
3,152 units of sales are required to achieve a profit of $100,000 next month.,
Monthly fixed cost amount to $136,400
Câu hỏi 7
Đúng
Đặt cờ

A company makes a single product with the following data:
$ $
Selling price 25
Material 5
Labour 7
Variable overhead 3
Fixed overhead 4
(19)
Profit per unit 6
Budgeted output is 30,000 units
In relation to this data, which of the following statement is correct?
a.
The margin of safety is 40%
b.
The volume of sales needed to make a profit of $270,000 is 45,000 units
c.
If budgeted sales increase to 40,000 units, budgeted profit will increase by $100,000
d.
the contribution to sales ratio is 24%
Phản hồi
If budgeted sales increase to 40,000 units, budgeted profit will increase by $100,000
Câu hỏi 8
Đúng
Đặt cờ

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
cost are $90,000.
What is the total number of units which must be made and sold to make a profit of
$45,000?
a.
7,500
b.
15,000
c.
22,500
d.
16,875
Phản hồi
22,500
Câu hỏi 9
Đúng
Xóa cờ

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 per annum.
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?
a.
The breakeven point reduces by 6,000 units and the operating risk goes up
b.
The breakeven point reduces by 4,571 units and the operating risk goes down
c.
d.
The breakeven point reduces by 4,571 units and the operating risk goes up
Phản hồi
Câu hỏi 10
Sai
Xóa cờ

Edwards sells two products with selling price prices and contributions as follows:
product F product G
Selling price $40 $20
Contribution $10 $4
Budgeted sales units 150,000 100,000
Edwards' fixed costs are $1,400,000 per year.
Edwards now anticipates that more customers will buy the cheaper product G and
that budgeted sales will be 150,000 units for each product.
What would be the impact on the breakeven revenue if the sales volume of G
increases?
a.
decrease by different amount
b.
increase by a different amount
c.
Decrease by the extra revenue from G of 50,000 x $20/u or $1,000,000
d.
increase by the extra revenue from G of 50,000 x $20/u or $1,000,000
Phản hồi
increase by a different amount

quiz thầy

Uploaded by

Document Information

Original Description:

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

quiz thầy

Uploaded by

Copyright:

Available Formats

Câu hỏi 1

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Product E Product F Product G

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Activity level 800 units 1,200 units

The fixed costs of the business step up 40% at 900 units

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Đoạn văn câu hỏi

Activity level 800 units 1,200 units

The fix costs of the business step up by 40% at 900 units

Đoạn văn câu hỏi

Đoạn văn câu hỏi