題目

The following data have been extracted from the budget working papers of WR Co:?

Activity (machine hours)? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Overhead cost??? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?

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

? ? ? ? ? ? 10,000? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?13,468

?? ? ? ? ? ?12,000? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?14,162

?? ? ? ? ? ?16,000? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?15,549

?? ? ? ? ? ?18,000? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?16,242?

In November 20X3, the actual activity was 13,780 machine hours and the actual overhead cost incurred was $14,521. Give your answer to the nearest $10.?

Calculate the total overhead expenditure variance for November 20X3.??

$_________ Favourable/Adverse (select the correct option)?

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Chapter11Varianceanalysis

The correct answer is: $260 Favourable.?

The overhead cost given, includes both fixed and variable costs. Fixed and variable budgeted?overhead costs can be separated using the high/low method.??

? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?? ? ? ? ? Hours? ? ? ? ? ? ? ? ? ? ? ? ? ?$?

High? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?18,000? ? ? ? ? ? ? ? ? ? ? 16,242?

Low? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? 10,000? ? ? ? ? ? ? ? ? ? ? 13,468??

? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? 8,000? ? ? ? ? ? ? ? ? ? ? ? ?2,774?

The variable cost per machine hour can be estimated as $2,774 / 8,000= $0.34675?

The fixed cost is $10,000, being the difference between variable overheads of 10,000 × 0.34675?and total cost of $13,468.??

The total overhead variance for November is: Fixed overhead + Variable overhead for quality?achieved - Total actual overhead cost incurred.?

Budgeted cost ($10,000 + 13,780 × $0.34675)

Total actual overhead cost incurred

? ? ? ? ? ? ? ? $?

? ? ? ? ? ?14,778?

? ? ? ? ? ?14,521?

? ? ? ? ? ? ? ? ?257? ? ? ? ? ? ? ? ? ? (F)?

多做幾道

Fill in the blanks.?

?Ideally, a transfer price should be set that enables the individual divisions to maximise their profits at a?level of output that maximises ……………………. .?

?The transfer price which achieves this is unlikely to be a ……………….. transfer price or a?……………. transfer price.??

?If optimum decisions are to be taken, transfer prices should reflect …………………. .?

There are two profit centres, A and B. Profit centre A transfers a product to profit centre B, but?could also sell the product in an external market at a price of $30. The marginal cost of making the?product in profit centre A is $8 per unit and the full cost is $14 per unit. There would be a variable?cost of $1 per unit for sales and distribution to customers in the external market, but no such costs?for internal transfers.?

To avoid disputes between the profit centre managers, what should be the transfer price for the?product??

$ _______

What objectives might the following not for profit organisations have??

(a) An army? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? (d) A political party?

(b) A local council? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?(e) A college?

(c) A charity?

One of the objectives of a local government body could be 'to provide adequate street lighting throughout?the area'.?

(a) How could the 'adequacy' of street lighting be measured??

(b) Assume that other objectives are to improve road safety in the area and to reduce crime. How?much does 'adequate' street lighting contribute to each of these aims??

(c) What is an excessive amount of money to pay for adequately lit streets, improved road safety and?reduced crime? How much is too little??

What general objectives of non profit seeking organisations are being described in each of the following??

(a) Maximising what is offered?

(b) Satisfying the wants of staff and volunteers?

(c) Equivalent to profit maximisation?

(d) Matching capacity available?

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