成本與管理會計基礎(chǔ)（ACCAF2）智慧樹知到期末考試答案+章節(jié)答案2024年上海財經(jīng)大學浙江學院Thearithmeticmeanofnineteennumbersis10.Whenatwentiethnumber,x,isaddedtheoverallmeanbecomes11.Whatisthevalueofx?()

答案:30RavenCoisconsideringanewinvestmentandisfollowingthestepsofthedecision-makingandcontrolcycle.Whichstepofthecyclefollowsimmediatelyafterdetailedevaluation?()

答案:Authorisation

答案:(ii)onlyWhichofthefollowingisthebestdefinitionofreturnoncapitalemployed?()

答案:Profitbeforeinterestandtax÷(Ordinaryshareholders'funds+Non-currentliabilities)x100Thefollowingscoresareobservedforthetimestakentocompleteatask,inminutes.24,68,28,30,42,48,18,34,22,16Themedianscoreis()

答案:29Adivisionofaservicecompanyisawarethatitsrecentpoorperformancehasbeenattributabletoalowstandardofefficiencyamongsttheworkforce,comparedtorivalfirms.Thecompanyisadoptingabalancedscorecardapproachtosettingperformancetargets.Aspartofitsobjectiveofclosingtheskillsgapbetweenitselfandrivalcompanies,thedivision'smanagementhassetatargetofprovidingatleast40hoursoftrainingeachyearforallitsemployees.Whatdoesthisperformancetargetreflect?（）

答案:AlearningandgrowthperspectiveWhichofthefollowingrelatestocapitalexpenditure?()

答案:Costofacquiringorenhancingnon-currentassetsWhichofthefollowingstatementsaretrue?(i)Thefixedoverheadvolumecapacityvariancerepresentspartoftheover/underabsorptionofoverheads(ii)Acompanyworksfewerhoursthanbudgeted.Thiswillresultinanadversefixedoverheadvolumecapacityvariance

答案:（i）istrueand(ii)istrueAcompanyusesstandardmarginalcosting.Itsbudgetedcontributionforthelastmonthwas$20,000.Theactualcontributionforthemonthwas$15,000,andthefollowingvarianceshavebeencalculatedSalesvolumecontributionvariance$5,000adverseSalespricevariance$9,000favourableFixedoverheadexpenditurevariance$3,000favourableWhatwasthetotalvariablecostvariance?()

答案:$9,000adverseWhatisgoalcongruence(intermsoforganisationalcontrolsystems)?()

答案:Whenthegoalsofmanagementandemployeesharmonisewiththegoalsoftheorganisationasawhole

答案:AnnualfactorypowercostwheretheelectricitysuppliersetsatariffbasedonafixedchargeplusaconstantunitcostforconsumptionbutsubjecttoamaximumannualchargeWhichofthefollowingbestdescribestheadvantageofabalancedscorecardapproach?()

答案:ThebalancedscorecardapproachenablesorganisationstoconsiderallareasofperformancerelevanttoachievingtheirstrategicgoalsVariablecostsareconventionallydeemedto：()

答案:Beconstantperunitofoutput(1)Workmeasurementisthesystematicrecordingandcriticalexaminationofexistingandproposedwaysofdoingworkinordertodevelopandapplyeasierandmoreeffectivemethods,andreducecosts.(2)Workstudyisameansofraisingtheproductionefficiency(productivity)ofanoperatingunitsbythereorganisationofwork.Whichstatementsaretrue?()

答案:(1)isfalseand(2)istrue.WhichoneofthefollowingstatementsdoesNOTexplainwhycodingsystemsareused?（）

答案:AcodeismoresuitedtocommunicatingwiderissuesthanadescriptionWhichofthefollowingcostingmethodsismostlikelytobeusedbyacompanyinvolvedinthemanufactureofliquidsoap?（）

答案:Processcostingthefollowingstatementsrelatetodifferenttypesofdata:(1)

Secondarydataaredatacollectedespeciallyforaspecificpurpose(2)

Discretedatacantakeonanyvalue(3)

Qualitativedataaredatathatcannotbemeasured(4)

PopulationdataaredataarisingasaresultofinvestigatingagroupofpeopleorobjectsWhichofthestatementsaretrue?（）

答案:(3)and(4)onlyAcompanyisconsideringacceptingaone-yearcontractwhichwillrequirefourskilledemployees.Thefourskilledemployeescouldberecruitedonaone-yearcontractatacostof$40,000peremployee.Theemployeeswouldbesupervisedbyanexistingmanagerwhoearns$60,000peryear.Itisexpectedthatsupervisionofthecontractwouldtake10%ofthemanager'stime.Insteadofrecruitingnewemployeesthecompanycouldretrainsomeexistingemployeeswhocurrentlyearn$30,000peryear.Thetrainingwouldcost$15,000intotal.Iftheseemployeeswereusedtheywouldneedtobereplacedatatotalcostof$100,000.Whatistherelevantlabourcostofthecontract?()

答案:$115,000TheoverheadabsorptionrateforproductTis$4permachinehour.EachunitofTrequires3machinehours.InventoriesofproductTlastperiodwere:UnitsOpeninginventory2,400Closinginventory2,700Comparedwiththemarginalcostingprofitfortheperiod,theabsorptioncostingprofitforproductTwillbewhichofthefollowing?（）

答案:$3,600higherInanormaldistributionwithastandarddeviationof90,28.23%ofthepopulationliesbetweenthemeanand900.Themeanis()

答案:830Afirmwithcurrentassetsof$40millionandcurrentliabilitiesof$20millionbuys$5millionofinventoryoncreditwhichincreasesitsinventorylevelto$10million.Whatwilltheeffectbeonitscurrentratioandquick(acidtest)ratio?（）

答案:Currentratio

Reduceby10%

Liquidityratio

Reduceby20%Whichofthefollowingisafeatureofjobcosting?()

答案:Productioniscarriedoutinaccordancewiththewishesofthecustomer.Whichofthefollowingisnotaperspectiveassociatedwiththebalancedscorecard?()

答案:ReliabilityWhichstageoftheproductlifecycledothefollowingcharacteristicsreferto?（

）NewcompetitorsCustomerfeedbackreceivedNewdistributionoutletsbeingfoundProductqualityimprovementsmade

答案:Growth

答案:Apiecerateschemewithaminimumguaranteedwage

答案:$38,328Thefollowinginformationrelatestoacompany'spolishingprocessforthepreviousperiod.Outputtofinishedgoods5,408unitsvaluedat$29,744Normalloss276unitsActualloss112unitsAlllosseshaveascrapvalueof$2.50perunitandtherewasnoopeningorclosingworkinprogress.Whatwasthevalueoftheinputduringtheperiod?（）

答案:$29,532DiddlyCoearnedaprofitof$305,000inthelastmonth.Varianceswereasfollows.Labour:Rate15,250(F)Efficiency10,750(A)Material:Usage8,675(A)Price9,825(F)Variableoverheads:Efficiency6,275(A)Expenditure2,850(F)Fixedoverheads:Expenditure7,000(F)Sales:Price25,000(A)Volume32,000(F)WhatwasDiddlyCo'sbudgetedprofitforlastmonth?（）

答案:$288,775Acompanyoperatesajobcostingsystem.Jobnumber1012requires$45ofdirectmaterialsand$30ofdirectlabor.Directlaborispaidattherateof$7.50perhour.Productionoverheadsareabsorbedatarateof$12.50perdirectlaborhourandnon-productionoverheadsareabsorbedatarateof60%ofprimecost.Whatisthetotalcostofjobnumber1012?（）

答案:$170Overheadsinafactoryareapportionedtofourproductioncostcentres(A,B,CandD).DirectlabourhoursareusedtoabsorboverheadsinAandBandmachinehoursareusedinCandD.Thefollowinginformationisavailable：ProductioncostcentreABCDOverheadexpenditure($)18,75729,02546,34042,293Directlabourhours3,0806,7503,7602,420Machinehours5801,3103,3802,640Whichcostcentrehasthehighesthourlyoverheadabsorptionrate?（）

答案:ProductionCostCentreDIf∑X=100,∑Y=400,∑X2=2,040,∑Y2=32,278,∑XY=8,104andn=5,whichofthefollowingvaluesforaandbarecorrectintheformulaY=a+bX?()

答案:a=28b=+2.6Acompanyproducesandsellsasingleproductwhosevariablecostis$6perunit.Fixedcostshavebeenabsorbedoverthenormallevelofactivityof200,000unitsandhaveBeencalculatedas$2perunit.Thecurrentsellingpriceis$10perunit.Howmuchprofitismadeundermarginalcostingifthecompanysells250,000units?（）

答案:$600,000whichofthefollowingexplainstheessenceofquotasampling?（）

答案:NoneAtthebeginningoftheyear,BobCoentersintoarentalagreementwithalandlordwhoisentitled,underthetermsoftheagreement,tochangetherent(eitherupwardsordownwards)accordingtoeconomicconditions.BobCocannotcanceltheagreementduringthefirstsixmonths.Forthefirstsixmonthsoftheagreement,BobCocouldclassifytherentasa:()

答案:UncontrollablecostBuildCoisacompanythatconstructsofficebuildingsandhasdecidedthatitwillbuilditsnewheadoffice.Whichofthefollowingcostsshouldbeincludedintherecordedcostofthenewbuilding?

(i)Rawmaterials(ii)Labourcosts(iii)Relatedoverheadcosts(iv)Legalcoststhatwillbeincurredtopurchasetheland

答案:AllofthemGoodqualitysavesmoneybutthecostofqualitycanbeanalysedintocostofconformanceandcostofnon-conformance.Whichoneofthefollowingcostsisclassedasaquality-relatedappraisalcost?()

答案:PerformancetestingAcompanybudgetedtosell5,000unitsofaproductinNovemberatastandardpriceof$30perunitandtoearnaprofitof$25,000.Itactuallysold6,000unitsat$28perunitandearnedaprofitof$32,000.WhatwasthefavourablesalesvolumeprofitvarianceforNovember?（）

答案:$5,000ThefollowingdatarelatetoProductD.Materialcostperunit$20.00Labourcostperunit$69.40Productionoverheadcostpermachinehour$12.58Machinehoursperunit14Generaloverheadabsorptionrate8%oftotalproductioncostWhatisthetotalcostperunitofProductD,tothenearest$0.01?（）

答案:$286.76Whichofthefollowingprocessesoccursatthebusinessplanningstage?

答案:Establishingobjectives

答案:$802,000Inaperiod,acompanyhadopeninginventoryof31,000unitsandclosinginventoryof34,000units.Profitsbasedonmarginalcostingwere$850,500andonabsorptioncostingwere$955,500.Ifthebudgetedtotalfixedcostsforthecompanywas$1,837,500,whatwasthebudgetedlevelOfactivityinunits?（）

答案:52,500

答案:0.17(to2dp)TheoverheadabsorptionrateforproductYis$2.50perdirectlabourhour.EachunitofYrequires3directlabourhours.InventoryofproductYatthebeginningofthemonthwas200unitsandattheendofthemonthwas250units.Whatisthedifferenceintheprofitsreportedforthemonthusingabsorptioncostingcomparedwithmarginalcosting?()

答案:Theabsorptioncostingprofitwouldbe$375greater.Whichofthefollowingwouldbesuitableformeasuringresourceutilisationinaparceldeliverycompany?()

答案:CostperconsignmentThebalancedscorecardmeasuresperformancefromfourperspectives.Whatarethey?()

答案:Customersatisfaction,growth,financialsuccessandprocessefficiencyTwoproducts(WandX)arecreatedfromajointprocess.Bothproductscanbesoldimmediatelyaftersplit-off.Therearenoopeninginventoriesorworkinprogress.Thefollowinginformationisavailableforlastperiod:Totaljointproductioncosts$776,160ProductProductionunitsSalesunitsSellingpriceperunitW12,00010,000$10X10,0008,000$12Usingthesalesvaluemethodofapportioningjointproductioncosts,whatwasthevalueoftheClosinginventoryofproductXforlastperiod?（）

答案:$77,616Acostwhichcontainsbothfixedandvariableelements,andsoispartlyaffectedbychangesinthelevelofactivity,iscalled:()

答案:Asemi-variablecostThefollowinginformationrelatestoatwo-yearproject.Initialinvestment$1millionCashinflowYear1$750,000CashinflowYear2$500,000CostofcapitalYear110%CostofcapitalYear215%Whatisthenetpresentvalueoftheproject(tothenearest$500)?()

答案:$77,000Janeworksasamemberofathree-personteamintheassemblydepartmentofafactory.Theteamisrewardedbyagroupbonusschemewherebytheteamleaderreceives40percentofanybonusearnedbytheteam,andtheremainingbonusissharedevenlybetweenJaneandtheotherteammember.Detailsofoutputforonedayaregivenbelow.Hoursworkedbyteam

8hoursTeamproductionachieved

80unitsStandardtimeallowedtoproduceoneunit

9minutesGroupbonuspayableat$6perhour

70%oftimesavedWhatisthebonuselementofJane'spayforthisparticularday?（）

答案:$5.04Whichofthefollowingbestdescribesmanagementbyexception?()

答案:FocusingmanagementreportsonareaswhichrequireattentionandignoringthosewhichappeartobeperformingwithinacceptablelimitsWhichofthefollowingisafeatureoftheresidualincomeperformancemeasure?()

答案:Ithelpsyoutoselectaproposalthatwillmaximisewealthinabsoluteterms.Whichofthefollowingisanon-financialperformancemeasure?()

答案:DeliverytimeThefollowinginformationrelatestoPLimitedat31December20X7.

$Revenue

3,000Grossprofit

990Netprofit

450Inventory

125Tradereceivables

260Cash

1,920Calculatetheaccountsreceivablepaymentperiod.(Allsalesareoncredit.)

()

答案:32daysThefollowinginformationrelatestoPLimitedat31December20X0.$Inventories1,550Short-termpayables2,100Receivables1,300Cashatbank1,250WhichofthefollowingisthequickratioforPLimitedtotwodecimalplaces?()

答案:1.21ThefollowinginformationrelatestoPLimitedat31December20X4.

$Revenue

3,000Grossprofit

990Netprofit

450Non-currentassets

1,920Calculatethenetprofitpercentage.

()

答案:15%JCCooperatesabottlingplant.TheliquidcontentofafilledbottleofproductTis2litres.Duringthefillingprocessthereisa30%lossofliquidinputduetospillageandevaporation.Thestandardpriceoftheliquidis$1.20perlitre.ThestandardcostoftheliquidperbottleofproductT,tothenearestcent,is:()

答案:$3.43

答案:$1,920(A)Astandardmarginalcostingsystem:

(i)Calculatesfixedoverheadvariancesusingthebudgetedabsorptionrateperunit(ii)Calculatessalesvolumevariancesusingthestandardcontributionperunit(iii)ValuesfinishedgoodsstockatthestandardvariablecostofproductionWhichoftheabovestatementsis/arecorrect?()

答案:(ii)and(iii)onlyTheBCousesastandardabsorptioncostingsystemandproducesoneproduct,theBlob.ThefollowinginformationisavailableforSeptember.StandardcostperBlob$31Budgetedsales(units)7,100Actualsales(units)6,600Salespricevariance$1,250(A)Salesvolumevariance$4,500(A)CalculatethesalesrevenueforSeptember.()

答案:$262,750Whatisanattainablestandard?()

答案:Astandardwhichincludessomeallowanceforlosses,wasteandinefficiencies.Itrepresentsthelevelofperformancewhichisattainableunderefficientoperatingconditions.Whichofthefollowingmaybeconsideredtobeobjectivesofbudgeting?

(

)(i)Co-ordination(ii)Communication(iii)Expansion(iv)Resourceallocation

答案:(i),(ii)and(iv)onlyWhichofthefollowingisnotafunctionalbudget?()

答案:CashbudgetWhatdoesthestatement'salesistheprincipalbudgetfactor'mean?()

答案:Thecompany'sactivitiesarelimitedbythelevelofsalesitcanachieve.Amanufacturingcompanyalwayscarriesfinishedgoodsinventoryequalto20%ofthenextmonth'sbudgetedsales.Salesforthecurrentmonthare2,000unitsandarebudgetedtobe20%highernextmonth.Howmanyunitswillbeproducedinthecurrentmonth?()

答案:2,080Whichofthefollowingisunlikelytobecontainedwithabudgetmanual?()

答案:SellingoverheadbudgetIfthefirstin,firstoutmethodofpricinghadbeenused,thevalueoftheissueon9Septemberwouldhavebeen:()

答案:$355Thefollowingdatarelatestoanitemofrawmaterial.Unitcostofrawmaterial

$20Usageperweek

250unitsCostoforderingmaterial,perorder

$400Annualcostofholdinginventory,asa%ofcost

10%Numberofweeksinayear

48Whatistheeconomicorderquantity,tothenearestunit?

()

答案:2,191unitsYouhavejustcalculatedforthelasttwosix-monthlyperiods,therunningcostsofafactory,brokendownintofivecategories.Youareusingacomputerpackagewhichcanproduceradarcharts,piecharts,timeseriesgraphsandscatterdiagrams,amongothers.Thegraphicstobestillustratetherelativesizesofthecostcategoriesinthissituationwillbe:()

答案:PiechartsThecostsofmaterialsforproductBaremadeupasfollows.MaterialP:$1,000MaterialQ:$600MaterialR:$1,025MaterialS:$375Ifthematerialproportionsweredisplayedonapiechart,howmanydegreeswouldmaterialQrepresent?()

答案:72degreesFIFOpricesmaterialsissuesatthepricesofthenewestitemsininventory,andvaluesclosinginventoryatthevalueofthemostoldestitemsininventory.

答案:錯ThecorrelationcoefficientbetweenAandBis0.4andthecorrelationcoefficientbetweenCandDis–0.7.Whichofthefollowingstatementsiscorrect?

()

答案:ThereisastrongerrelationshipbetweenCandDthanbetweenAandB.Whichofthefollowingstatementsaboutstratificationis/aretrue?()IThesampleselectedwillberepresentativeofthepopulation.IIThestructureofthesamplewillreflectthatofthepopulationifthesameproportionofind