題目

A wholesaler had opening inventory of 300 units of product Emm valued at $25 per unit at the beginning of January. The following receipts and sales were recorded during January.

Date????????????????????????? ?2 Jan????????????????? ? ?12 Jan??????????????????21 Jan???????????????????? 29 Jan

???????????????????????????????????????????????????????????????? 400

Issues?????????????????????????250????????????????????????????????????????????????????? 200?????????????????????????? ?75

The purchase cost of receipts was $25.75 per unit. Using a weighted average method of valuation, calculate the value of closing inventory at the end of January.

A

$11,550

B

$4,492

C

$4,192

D

$9,550

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Chapter6Accountingformaterials

????????????????????????????????????????????????????????????????????????????????? Units???????????????????? ?$

Opening inventory???????????????? 300 x $25????????????????????300????????????????????? 7,500

Issue on 2 Jan?????????????????????? 256 x $25??????????????????? (250)???????????????????(6,250)??

???????????????????????????????????????????????????????????????????????????????????50?????????????????????? 1,250

Receipt on 12 Jan??????????????????????????????????????????????????????400?????????????????????10,300??

???????????????????????????????????????????????????????????????????????????????????450????????????????????? 11,550

Issues on 21 Jan and 29 Jan

(11,550/450) x (200 + 75)????????????????????????????????????????? (275)?????????????????? (7,058)??

????????????????????????????????????????????????????????????????????????????????? ?175??????????????????????4,492

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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