題目

The overhead absorption rate for product T is $4 per machine hour. Each unit of T requires 3 machine hours. Inventories of product T last period were:

????????????????????????????????????????? Units

Opening inventory??????????? 2,400

Closing inventory????????????? 2,700

Compared with the marginal costing profit for the period,the absorption costing profit for product T will be which of the following?

A

$1,200 higher

B

$3,600 higher

C

$1,200 lower

D

$3,600 lower

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Chapter9AbsorptionandmarginalCosting

Difference in profit?? =? 2，000 units inventory reduction? x? fixed overhead absorption rate per unit

Difference in profit???=change in inventory level x fixed overhead per unit =(2,400 - 2,700) x ($4 x 3)=$3,600

The absorption profit will be higher because inventories have increased, and fixed overheads have been carried forward in inventories.

多做幾道

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.

A

(i), (ii) and (iii)

B

(i) and (ii)

C

(ii) only

D

None of the statements is true

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.

A

(i), (ii) and (iii)

B

(i) and (iii)

C

(ii) and (iii)

D

(iii) only

Good information should have certain qualities. Which of the following are qualities of good information?(i) Complete(ii) Extensive(iii) Relevant(iv) Accurate

A

(i), (ii) and (iii)

B

(i), (iii) and (iv)

C

(ii) and (iv)

D

All of them

Monthly variance reports are an example of which one of the following types of management information?

A

Tactical

B

Strategic

C

Non-financial

D

Operational

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

A

(i) is true and (ii) is false

B

(ii) is true and (i) is false

C

Both are true

D

Both are false

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