題目

The following information relates to labour costs for the past month:

Budget??????????????? ?Labour rate????????????????????? $10 per hour

??????????????????????????? Production time????????????????15,000 hours

???????????????????????????Time per unit???????????????????? 3 hours

?????????????????????????? Production units??????????????? 5,000 units?

Actual?????????????? ?Wages paid?????????????????????? $176,000

???????????????????????? ?Production???????????????????????? 5,500 units?

??????????????????????? Total hours worked???????????? 14,000 hours

There was no idle time.

What were the labour rate and efficiency variances??

A

Rate variance??????????????? ?Efficiency variance

$26,000 Adverse???????????$25,000 Favourable

B

Rate variance??????????????? ?Efficiency variance

?$26,000 Adverse???????????$10,000 Favourable

C

Rate variance??????????????? ?Efficiency variance

?$36,000 Adverse???????????$2,500 Favourable

D

Rate variance??????????????? ?Efficiency variance

?$36,000 Adverse???????????$25,000 Favourable

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Chapter21Performancemeasurement

Labour rate variance

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

14,000hours should have cost (x $10 per hour)??????????????? 140,000

but did cost??????????????????????????????????????????????????????????????????????? 176,000

Labour rate variance????????????????????????????????????????????????? ??????? 36,000?????

Labour efficiency variance

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

5,500 units should have taken (x 3 hours per unit)??????????? 16,500???? hrs

but did take????????????????????????????????????????????????????????????????????????14,000???? hrs

Labour efficiency variance (in hours)???????????????????????????????? 2,500????? hrs(F)

x standard rate per unit?????????????????????????????????????????????????????? x$10

?????????????????????????????????????????????????????????????????????????????????????????? $25,000?? (F)

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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