BA2 무료 덤프문제 온라인 액세스

A flexible budget is:

• A.A budget that can be flexed if unit variable costs are different from forecast
• B.A budget that can be flexed if fixed costs are different from forecast
• C.A budget that can be flexed if the inflation level is different from forecast
• D.A budget that can be flexed if the activity level is different from forecast

The following data relate to the latest period.

A statement is to be prepared that reconciles the difference between the flexible budget profit and the actual profit.
Which TWO of the following will appear on this statement? (Choose two.)

• A.An adverse material price variance.
• B.A favourable sales volume contribution variance.
• C.A favourable labour rate variance.
• D.An adverse labour efficiency variance.
• E.An adverse sales price variance.

The variable overhead expenditure variance is:

• A.The difference between the actual hours worked and the standard hours produced, multiplied by the variable overhead absorption rate
• B.The actual hours worked multiplied by the variable absorption rate
• C.The difference between the variable overheads incurred and the flexed budget allowance for variable overheads
• D.The over or under absorbed variable overhead

Refer to the exhibit.

RX Ltd expects to have limited machine time for July, which will result in the following production levels:
It is anticipated that there will be 1,500 units of opening inventory and the company wishes to hold a minimum of 500 units of closing inventory at the end of July.
How many units will be available for sale during July?

The budget and actual cost statements for the production department for the latest period were as follows.

Notes.
The 10% increase in production was required to meet unexpected additional sales demand.
The production manager is responsible for negotiating the price of materials with suppliers.
The normal working time is 900 hours per period. Any overtime worked above these 900 hours is paid at a premium of 50%.
In preparing the flexible budget for the latest period, which TWO of the following statements are correct?
(Choose two.)

• A.The material quantity should be flexed to 60,000 + 10% = 66,000 kg.
• B.The overtime hours should be flexed to (1,000 + 10%) - 900 = 200 hours.
• C.The basic pay hours should not be flexed; they should remain at 1,000 hours.
• D.The material price should be flexed to the actual figure of $3.10 per kg.
• E.The fixed costs should be flexed to $40,000 + 10% = $44,000.