題目

?Assume that at the end of the first month unit variable costs and fixed costs and selling price for the month were in line with the budget and any inventory was valued at the same unit cost as in the above budget.

However, if production was actually 700 and sales 600; what would be the reported profit using absorption costing?

A

$9,000

B

$12,000

C

$14,000

D

$15,000

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Chapter9AbsorptionandmarginalCosting

????????????????????????????????????????????????????????????????????????????????????????????? ? $000

Variable production cost of boats?45/750 x 700??????????????????????? 42

Fixed production costs (absorbed)?30/750 x 700???????????????????? ?28

Production costs of 700 boats?????????????????????????????????????????????????? 70

Closing inventory of 100 boats?????????????????????????????????????????????????(10)

Production cost of 600 sold???????????????????????????????????????????????????? ? 60

Under-absorbed overhead?30-28????????????????????????????????????????????? 2

Variable selling costs?5/500 x 600?????????????????????????????????????????????6

Fixed selling costs???????????????????? ?????????????????????????????????????????????? ?25??

??????????????????????????????????????????????????????????????????????????????????????????????? ???93

Profit??????????????????????????????????????????????????????????????????????????????????????????15

Sales revenue?90/500 x 600?????????????????????????????????????????????????????108

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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