篩選結(jié)果 共找出469題

In a process account, how are abnormal losses valued?

A

At their scrap value

B

The same as good production

C

At the cost of raw materials

D

The same as normal losses

A company needs to produce 340 litres of Chemical X. There is a normal loss of 10% of the material input into the process. During a given month the company did produce 340 litres of good production, although there was an abnormal loss of 5% of the material input into the process.How many litres of material were input into the process during the month?

A

357 litres

B

374 litres

C

391 litres

D

400 litres

WQT Co manufactures a single product and an extract from their flexed budget for production costs is as follows.

?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????? Activity level

???????????????????????????????????????????????????????????????????????????????????????????????????????????????? ?80%????????????????? 90%

??????????????????????????????????????????????????????????????????????????????????????????????????????????????????? $???????????????????????$

Direct material??????????????????????????????????????????????????????????????????????????????????????????2,400????????????????? 2,700

Labour????????????????????????????????????????????????????????????????????????????????????????????????????? 2,120????????????????? 2,160

Production overhead??????????????????????????????????????????????????????????????????????????????? 4,060????????????????? 4,080?

???????????????????????????????????????????????????????????????????????????????????????????????????????????????? 8,580????????????????? 8,940

What would the total production cost allowance be in a budget flexed at the 83% level of activity? (to the nearest $)

A

$6,266

B

$6,888

C

$8,586

D

$8,688

Which of these statements is untrue?

A

?Spreadsheets make the calculation and manipulation of data easier and quicker

B

Spreadsheets are very useful for word-processing

C

Budgeting can be done very easily using spreadsheets

D

Spreadsheets are useful for plotting graphs

What was the actual usage of direct material during February?

A

800 kg

B

1,000 kg

C

1,200 kg

D

None of these

What was the selling price variance for February?

A

$120 (F)

B

$900 (A)

C

$1,200 (A)

D

$1,200 (F)

What was the sales volume profit variance for February?

A

$900 (F)

B

$1,200 (F)

C

$900 (A)

D

$2,100 (A)

Explain what is meant by standard costing

Explain what is meant by a standard cost

Describe four types of standard.