題目
材料全屏

Drive Co is a diverse business, one division of which runs a courier business using a fleet of small vans. The following information has been produced by the manager of the division for the year ended 30 June 20X4:

Revenue??????????????????????????????? ?$500,000

Gross profit???????????????????????????? $120,000

Operating profit??????????????????????$50,000

Loan (8% per year)?????????????? ?$60,000

Asset turnover?????????????????????? ?4

47

【簡(jiǎn)答題】

Using the information provided, calculate (perform your calculations to 2 decimalplaces):?

(i) Interest cover?

(ii) Return on capital employed (ROCE)?

(ii) Gearing?

掃碼查看暗號(hào)，即可獲得解鎖答案！

點(diǎn)擊獲取答案
考點(diǎn)：Chapter21Performancemeasurement

Calculations:

(i)?Interest cover = $50,000/0.08 x $60,000 = 10.42

(ii)?Asset turnover = revenue/capital employed

4 = $500,000/CE therefore CE = $125,000

ROCE = $50,000/$125;000 x l00 = 40.00%

Or

ROCE = asset turnover x operating profit margin = 4 x $50,000/$500,000 = 40.00%

(iii)?Gearing = debt/equity = $60,000/$125,000 = 48.00%

Or

Gearing = debt/debt + equity = $60;000/($60;000 + $125,000) = 32.43%

多做幾道

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)

材料全屏

Cabrinda Co manufactures bulbs. The following figures are available:

??500 kg of direct materials were actually purchased

??The standard cost per kg is $2.25, leading to a standard cost of actual purchases of $1,125

??The direct materials price variance is $125 favourable

??The direct materials usage variance is $45 adverse

30

【簡(jiǎn)答題】

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?

A

lower quality direct material has been purchased

B

?higher quality direct material has been purchased

最新試題

該科目易錯(cuò)題

該題目相似題