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1、 财经网络教育领导品牌 _ 高顿网校 All Rights Reserved 版权所有 复制必究 1 第 1 章 ACCA F1-F3 模拟题及解析（3）1.A jobbing company operates a premium bonus scheme for its employees of 75%of the time saved compared with the standard time allowance for a job,at the normal hourly rate.According to the company policy,the guaranteed pay
2、for each job is 102.The data relating to Job 1206 completed by an employee is as follows:Allowed time for Job 1206 14 hours Time taken to complete Job 1206 10 hours Normal hourly rate of pay 8 What is the total pay of the employee for Job 1206?A.104 B.110 C.102 D.108 2.A paint manufacturer has a num
3、ber of departments.Each department is located in a separate building on the same factory site.In the mixing department the basic raw materials are mixed together in very large vessels.These are then moved on to the colour adding department where paints of different colours are created in these vesse
4、ls.In the next department the pouring department the paint is poured from these vessels into litre sized tins.The tins then go on to the labeling department prior to going on to the finished goods department.The following statements relate to the paint manufacturer:(i)The mixing department is a cost
5、 centre.(ii)A suitable cost unit for the colour adding department is vessel.(iii)The pouring department is a profit centre.Which statement or statements is/are correct?A.(i)only B.(i)and(ii)only C.(i)and(iii)only D.(ii)and(iii)only 3.The following statements relate to spreadsheets:(i)A spreadsheet c
6、onsists of records and files.(ii)Most spreadsheets have a facility to allow data within them to be displayed graphically.(iii)A spreadsheet could be used to prepare a budgeted profit and loss account.(iv)A spreadsheet is the most suitable software for storing large volumes of data.Which of the above
7、 statements are correct?A.(i)and(ii)only B.(i),(iii)and(iv)only C.(ii)and(iii)only D.(iii)and(iv)only 4.A company uses absorption costing with a predetermined hourly overhead absorption rate.The following situations have both occurred:(i)Actual overhead expenditure exceeded planned expenditure;and (
8、ii)Actual hours worked were less than the planned hours.Which of the following statements is correct?A.Situation(i)would cause overheads to be over absorbed and situation(ii)would cause overheads to be under absorbed.B.Situation(i)would cause overheads to be under absorbed and situation(ii)would cau
9、se overheads to be over absorbed.C.Both situations would cause overheads to be over absorbed.财经网络教育领导品牌 _ 高顿网校 All Rights Reserved 版权所有 复制必究 2 D.Both situations would cause overheads to be under absorbed.5.A company operates a job costing system.Job 812 requires 60 of direct materials,40 of direct l
10、abour and 20 of direct expenses.Direct labour is paid 8 per hour.Production overheads are absorbed at a rate of 16 per direct labour hour and non-production overheads are absorbed at a rate of 60%of prime cost.What is the total cost of Job 812?A.240 B.260 C.272 D.320 6.At the end of manufacturing in
11、 Process I,product K can be sold for 10 per litre.Alternatively product K could be further processed into product KK in Process II at an additional cost of 1 per litre input into this process.Process II is an existing process in which a loss of 10%of the input volume occurs.At the end of the further
12、 processing,product KK could be sold for 12 per litre.Which of the following statements is correct in respect of 9,000 litres of product K?A.Further processing into product KK would increase profits by 9,000.B.Further processing into product KK would increase profits by 8,100.C.Further processing in
13、to product KK would decrease profits by 900.D.Further processing into product KK would decrease profits by 1,800.The following information relates to questions 17 and 18:The standard direct material cost for a product is 50 per unit(125 kg at 4 per kg).Last month the actual amount paid for 45,600 kg
14、 of material purchased and used was 173,280 and the direct material usage variance was 15,200 adverse.7.What was the direct material price variance last month?A.8,800 Adverse B.8,800 Favourable C.9,120 Adverse D.9,120 Favourable 8.What was the actual production last month?A.3,344 units B.3,520 units
15、 C.3,952 units D.4,160 units 9.Equipment owned by a company has a net book value of 1,800 and has been idle for some months.It could now be used on a six months contract which is being considered.If not used on this contract,the equipment would be sold now for a net amount of 2,000.After use on the
16、contract,the equipment would have no saleable value and would be dismantled.The cost of dismantling and disposing of it would be 200.What is the total relevant cost of the equipment to the contract?A.1,200 B.1,800 C.2,000 D.2,200 10.A contract is under consideration which requires 800 labour hours t
17、o complete.There are 450 hours of spare labour capacity for which the workers are still being paid the normal rate of pay.The remaining hours required for the contract can be found either by overtime working paid at 50%above the normal rate of pay or by diverting labour from the manufacture of produ
18、ct OT.If the contract is undertaken and labour is diverted,then sales of product OT will be lost.Product OT takes seven labour hours per unit to manufacture and makes a contribution of 14 per unit.财经网络教育领导品牌 _ 高顿网校 All Rights Reserved 版权所有 复制必究 3 The normal rate of pay for labour is 8 per hour.What
19、is the total relevant labour cost to the contract?A.3,500 B.4,200 C.4,500 D.4,900 11.A company determines its order quantity for a raw material by using the Economic Order Quantity(EOQ)model.What would be the effects on the EOQ and the total annual holding cost of a decrease in the cost of ordering
20、a batch of raw material?EOQ Total annual holding cost A.Higher Lower B.Higher Higher C.Lower Higher D.Lower Lower 12.A company manufactures two products,X and Y,in a factory divided into two production cost centres,Primary and Finishing.The following budgeted data are available:Cost centre Primary F
21、inishing Allocated and apportioned fixed overhead costs 96,000 82,500 Direct labour minutes per unit:product X 36 25 product Y 48 35 Budgeted production is 6,000 units of product X and 7,500 units of product Y.Fixed overhead costs are to be absorbed on a direct labour hour basis.What is the budgeted
22、 fixed overhead cost per unit for product Y?A.11 B.12 C.14 D.15 13.A company has three shops(R,S and T)to which the following budgeted information relates:Shop R Shop S Shop T Total 000 000 000 000 Sales 400 500 600 1,500 Contribution 100 60 120 280 Less:Fixed costs (60)(70)(70)(200)Profit/(Loss)40
23、(10)50 80 60%of the total fixed costs are general company overheads.These are apportioned to the shops on the basis of sales value.The other fixed costs are specific to each shop and are avoidable if the shop closes down.If shop S is closed down and the sales of the other two shops remained unchange
24、d,what would be the revised budgeted profit for the company?A.50,000 B.60,000 C.70,000 D.90,000 14.An organization manufactures a single product which has a variable cost of 36 per unit.The organizations total weekly fixed costs are 81,000 and it has a contribution to sales ratio of 40%.This week it
25、 plans to manufacture and sell 5,000 units.财经网络教育领导品牌 _ 高顿网校 All Rights Reserved 版权所有 复制必究 4 What is the organizations margin of safety this week(in units)?A.1,625 B.2,750 C.3,375 D.3,500 15.An organization has the following total costs at two activity levels:Activity level(units)15,000 24,000 Total
26、 costs 380,000 470,000 Variable cost per unit is constant in this activity range but there is a step up of 18,000 in the total fixed costs when the activity exceeds 20,000 units.What are the total costs at an activity level of 18,000 units?A.404,000 B.410,000 C.422,000 D.428,000 16.The following sta
27、tements refer to different types of planning within a manufacturing organization:(i)Operational planning includes the scheduling of work to be done in the short term.(ii)Tactical planning includes consideration of ways in which the productivity of the factory workforce could be improved.(iii)Strateg
28、ic planning includes the setting of the organizations long term objectives.Which of the statements are correct?A.(i)and(ii)only B.(i)and(iii)only C.(ii)and(iii)only D.(i),(ii)and(iii)17.The following statements relate to spreadsheets:(i)A spreadsheet is the most suitable software for the storage of
29、large amounts of data.(ii)A spreadsheet consists of rows,columns and cells.(iii)A forecast profit and loss account could be prepared using a spreadsheet.Which of the statements are correct?A.(i)and(ii)only B.(i)and(iii)only C.(ii)and(iii)only D.(i),(ii)and(iii)18.Data relating to one particular stor
30、es item are as follows:Average daily issues 70 units Maximum daily issues 90 units Minimum daily issues 50 units Lead time for the replenishment of stock 11 to 17 days Reorder quantity 2,000 units Reorder level 1,800 units What is the maximum stock level(in units)for this stores item?A.2,950 B.3,100
31、 C.3,250 D.3,800 19.A company determines its order quantity for a component using the Economic Order Quantity(EOQ)model.What would be the effects on the EOQ and the total annual ordering cost of a decrease in the annual cost of holding one unit of the component in stock?EOQ Total annual ordering cos
32、t A Lower No effect B Higher No effect C Lower Higher D Higher Lower 财经网络教育领导品牌 _ 高顿网校 All Rights Reserved 版权所有 复制必究 5 20.A company operates a job costing system.Job number 607 requires 300 of direct materials,400 of direct labour and 100 of direct expenses.Direct labour is paid at a rate of 8 per h
33、our.Production overheads are absorbed at a rate of 40 per direct labour hour and non-production overheads are absorbed at a rate of 150%of prime cost.What is the total cost of job number 607?A.3,750 B.3,850 C.4,000 D.4,200 21.A company uses absorption costing with a predetermined hourly fixed overhe
34、ad absorption rate.The following situations arose last month:(i)Actual overhead expenditure was less than the planned expenditure.(ii)Actual hours worked exceeded planned hours.Which statement is correct?A.Situation(i)would cause overheads to be under absorbed and situation(ii)would cause overheads
35、to be over absorbed.B.Situation(i)would cause overheads to be over absorbed and situation(ii)would cause overheads to be under absorbed.C.Both situations would cause overheads to be over absorbed.D.Both situations would cause overheads to be under absorbed.22.A company manufactures two products K1 a
36、nd K2 in a factory consisting of two cost centres,Y and Z.The following budgeted data are available:Cost centre Y Z Allocated and apportioned fixed overhead costs 576,000 288,000 Direct labour hours per unit:Product K1 5 2 Product K2 3 4 Budgeted output is 12,000 units of each product.Fixed overhead
37、 costs are absorbed on a direct labour hour basis.What is the budgeted fixed overhead cost per unit for product K2?A.34 B.36 C.38 D.42 23.A factory consists of two production cost centres(P and Q)and two service cost centres(T and V).The total overheads allocated and apportioned to each cost centre
38、are as follows:P Q T V Total overheads 180,000 120,000 128,000 140,000 The work done by the service cost centres can be represented as follows:P Q T V Percentage of service cost centre T to:70%30%Percentage of service cost centre V to:40%30%30%The service cost centre costs are apportioned to product
39、ion cost centres using a method that fully recognises any work done by one service cost centre for another.What are the total overheads for production cost centre P after the reapportionment of all service 财经网络教育领导品牌 _ 高顿网校 All Rights Reserved 版权所有 复制必究 6 cost centre costs?A.325,600 B.349,600 C.355,
40、000 D.379,000 The following information relates to questions 34 and 35:A company operates a process costing system using the first-in-first-out(FIFO)system of valuation.No losses occur in the process.The following data relate to last month:Units Opening work-in-progress 200 with a total value of 1,5
41、30 Input to the process 1,000 Completed production 1,040 Last month the cost per equivalent unit of production was 20 and the degree of completion of the work-in-progress was 40%throughout the month.24.What was the value(at cost)of last months closing work-in-progress?A.1,224 B.1,280 C.1,836 D.1,920
42、 25.What was the cost of the 1,040 units completed last month?A.19,200 B.19,930 C.20,730 D.20,800 26.The following statements relate to the calculation of the regression line y=a+bx using the information on the formulae sheet at the end of this examination paper:(i)_xy is calculated by multiplying _
43、x by _y.(ii)_y2 is not the same as(_y)2.(iii)n represents the number of pairs of data items used.Which statements are correct?A.(i)and(ii)only B.(i)and(iii)only C.(ii)and(iii)only D.(i),(ii)and(iii)27.Which of the following correlation coefficients indicates the weakest relationship between two vari
44、ables?A.+09 B.06 C.08 D.10 28.The following statements relate to responsibility centres:(i)The manager of a revenue centre is responsible for sales and costs in a segment of an organisation.(ii)Return on capital employed is a suitable measure of performance in a profit centre.(iii)Cost centres are f
45、ound in manufacturing and service organisations.Which of the statements,if any,is correct?A.(i)only B.(ii)only C.(iii)only D.None of them.29.A company operates a standard absorption costing system in which the standard fixed production overhead rate is 9 per hour.The following data relate to last mo
46、nth:Budgeted hours 8,000 Standard hours for actual production 8,200 Actual hours worked 8,400 财经网络教育领导品牌 _ 高顿网校 All Rights Reserved 版权所有 复制必究 7 What was the fixed production overhead capacity variance for last month?A.1,800 Adverse B.1,800 Favourable C.3,600 Adverse D.3,600 Favourable 30.A company o
47、perates a standard marginal costing system.Last month the company sold 200 unitsmore than it planned to sell.The following data relate to last month:Standard Actual Selling price per unit 40 38 Variable cost per unit 30 29 What was the favourable sales volume contribution variance last month?A.1,600
48、 B.1,800 C.2,000 D.2,200 1.【答案】A 【解析】(10 x 8)+(14 10)x 075 x 8=104 2.【答案】B 3.【答案】C 4.【答案】D 5.【答案】C 【解析】(60+40+20)+(40 8)x 16+(060 x 120)=272 6.【答案】D 【解析】Sales value after further processing=(9,000 x 09)x 12=97,200 Sales value without further processing=(9,000 x 10)90,000 Increase in sales revenue 7,
49、200 Less:Further processing cost=(9,000 x 1)(9,000)Decrease in profit by further processing (1,800)7.【答案】D 【解析】(45,600 x 4)173,280=9,120 Favourable 8.【答案】A 【解析】Actual usage at standard cost(45,600 x 4)182,400 Less:Adverse usage variance (15,200)Standard cost for actual production 167,200 Actual prod
50、uction(units)=(167,200 50)=3,344 财经网络教育领导品牌 _ 高顿网校 All Rights Reserved 版权所有 复制必究 8 9.【答案】D 【解析】Opportunity cost now+disposal cost at end of contract(2,000+200)=2,200 10.【答案】A 【解析】(800 450)x 8+(14 7)=3,500 11.【答案】D 12.【答案】D 【解析】Total direct labour hours:Primary(6,000 x 36 60)+(7,500 x 48 60)9,600 Fin