題目

?Identify three major non-financial factors that AB would need to consider in making its eventual?decision as to what to do.?

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考點(diǎn)：Chapter7Riskanduncertainty

?(i) The maximax decision rule involves choosing the outcome with the best possible result, in?this instance choosing the outcome which maximises contribution. The decision-maker?would therefore choose a client fee of $180 per day, which could result in a contribution of?$1,732,500.?

(ii) The maximin decision rule involves choosing the outcome that offers the least unattractive?worst outcome, in this instance choosing the outcome which maximises the minimum?contribution. The decision-maker would therefore choose a client fee of $200 per day,?which has a lowest possible contribution of $1,378,125. This is better than the worst?possible outcomes from client fees per day of $180 and $220, which would provide?contributions of $1,338,750 and $1,312,500 respectively.?

(iii) The minimax regret decision rule involves choosing the outcome that minimises the?maximum regret from making the wrong decision, in this instance choosing the outcome?which minimises the opportunity lost from making the wrong decision.?We can use the calculations performed in (a) to draw up an opportunity loss table.?

The minimax regret decision strategy would be to choose a client fee of $200 to minimise?the maximum regret at $26,250.?

Workings?

1 At a variable cost of $95 per day, the best strategy would be a client fee of $200 per?day. The opportunity loss from using a fee of $180 would be $(1,378,125 –?1,338,750) = $39,375.?

2 The opportunity loss in this case is $(1,378,125 – 1,378,125) = $0.?

3 The opportunity loss in this case is $(1,378,125 – 1,312,500) = $65,625.?

4 At a variable cost of $85 per day, the best strategy would be a client fee of $200 per?day. The opportunity loss from using a fee of $180 would be $(1,509,375 –?1,496,250) = $13,125.?

5 The opportunity loss in this case is $(1,509,375 – 1,509,375) = 0.?

6 The opportunity loss in this case is $(1,509,375 – 1,417,500) = $91,875.?

7 At a variable cost of $70 per day, the best strategy would be a client fee of $180 per?day. The opportunity loss from using a fee of $180 would be $(1,732,500 –?1,732,500) = $0.?

8 The opportunity loss in this case is $(1,732,500 – 1,706,250) = $26,250.?

9 The opportunity loss in this case is $(1,732,500 – 1,575,000) = $157,500.

多做幾道

?Actual overheads cost $180,000 and 40,000 machine hours were worked.?

Actual overheads cost $170,000 and 40,000 machine hours were worked.?

材料全屏

A company makes and sells a single product. At the beginning of Period 1, there are no opening?inventories of the product, for which the variable production cost is $4 and the sales price $6 per unit.?

There are no variable selling costs. Fixed costs are $2,000 per period, of which $1,500 are fixed?production costs. Normal output is 1,500 units per period. In Period 1, sales were 1,200 units, production?was 1,500 units. In Period 2, sales were 1,700 units, production was 1,400 units.?

Required?

Prepare profit statements for each period and for the two periods in total using both absorption costing?and marginal costing.?

5

【論述題】

Prepare profit statements for each period and for the two periods in total using both absorption costing?and marginal costing.?

材料全屏

RH makes and sells one product, which has the following standard production cost.??

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

Direct labour? ? ? ? ? ? ? ? ? ? ? ? ? ? ? 3 hours at $6 per hour? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? 18?

Direct materials? ? ? ? ? ? ? ? ? ? ? ? ?4 kilograms at $7 per kg? ? ? ? ? ? ? ? ? ? ? ? ? ? ? 28?

Variable production overhead? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?3?

Fixed production overhead? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? 20?

Standard production cost per unit? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? 69?


Normal output is 16,000 units per annum. Variable selling, distribution and administration costs are 20%?of sales value. Fixed selling, distribution and administration costs are $180,000 per annum. There are no?units in finished goods inventory at 1 October 20X2. The fixed overhead expenditure is spread evenly?throughout the year. The selling price per unit is $140. Production and sales budgets are as follows.??

? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Six months ending? ? ? ? ? ? ? ? ? ? ? ? ? ? ?Six months ending??

? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?31 March 20X3? ? ? ? ? ? ? ? ? ? ? ? ? ? ? 30 September 20X3

Production? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?8,500? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?7,000?

Sales? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? 7,000? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? 8,000?

6

【論述題】

Prepare profit statements for each of the six-monthly periods, using the following methods of costing.?

Marginal costing?

Prepare profit statements for each of the six-monthly periods, using the following methods of costing.?

Absorption costing?

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