BA2 Exam Question 11
Data for the latest period for a company which makes and sells a single product are as follows:
There were no budgeted or actual changes in inventories during the period.
The variable overhead expenditure variance for the period was:
There were no budgeted or actual changes in inventories during the period.
The variable overhead expenditure variance for the period was:
BA2 Exam Question 12
The standard labour content of one unit of 'BFC' is $35 (7 hours paid at $5 per hour).
During period 2, 600 hours were worked at a cost of $3,300 to produce 90 units of 'BFC'.
What was the direct labour total variance for Period 2?
During period 2, 600 hours were worked at a cost of $3,300 to produce 90 units of 'BFC'.
What was the direct labour total variance for Period 2?
BA2 Exam Question 13
Refer to the Exhibit.
A company operates an absorption costing system. The management accounts show that fixed production overheads were over-absorbed in the period.
Which FOUR combinations could possibly have resulted in this situation?
A company operates an absorption costing system. The management accounts show that fixed production overheads were over-absorbed in the period.
Which FOUR combinations could possibly have resulted in this situation?
BA2 Exam Question 14
Which of the following may result in a favourable material price variance? (Select ALL that apply.)
BA2 Exam Question 15
Refer to the exhibit.
The output and costs for two periods were as follows:
Fixed costs will remain constant, but during Period 7, the variable cost per unit will increase by 25%. The output for Period 7 will be 1,600 units.
The budgeted total cost for period 7 will be:
The output and costs for two periods were as follows:
Fixed costs will remain constant, but during Period 7, the variable cost per unit will increase by 25%. The output for Period 7 will be 1,600 units.
The budgeted total cost for period 7 will be: