Bur seins 100.7 ach unit of roduct Aloha veges 3 kp of jw material Next mort production budget for product TOA Duet: = 2021-08-10 ‘Alpha is as folkons, ‘Opening inventories: Raw materials 15,000 kg Finished uns of ia ts ‘Bucgeted sales of Agha 0,000 units Planned cling inventories: Raw mateias 000g Finished units of Alpha 3,000 unts: ‘How many sar raw materials should be purchased next mocth? . (2imarts)— (mas) J 107 ach itor Aba equi 3h ol ama Net mip bu product ‘Apa i slows, (pening nets a Raw materials 15000 ig Finished units of Apa 2,000 units ace sas of pha 60,000 uns ‘Planned cosing inventories: Raw mars 70 kg Finished units of Apa 3,000 units ‘How may hlgrams of aut mates shoud ke purchased rt moth? — Che10b.8 Budgeted sales of X for December are 18,000 uns tend ote out es 10% of enc. nis ate scrapped 3s defect. Opening inventories are cme oe 15,000 units and closing inventories will be 11,400 units, All inventories of finished goods must have successfully passed the quality control check. What is the production budget for X for December? [_Junits — Ean. Qn UsED 2 ORm + Pochaned (2 marks) Manu factrea its % Purtvsage. 0€G + Mon pub lost wh —€FG. ls L lozK = M900. S ;10b.9 A company manufactures a single product, M. Budgeted production output of product M during Ai is 200 units. Each unit of product M requires 6 labour hours for completion and PR Co anticipate 20 per cent idle time. Labour is paid at a rate of $7 per hour. What is the direct lay August? a - Se $6795 Ditet Buogeted Paorvciwe Oo $8,400} \ agwh Hans Hou’ aS oo Vg) ° : To: avant! Cc | 4 | wow Loe er [07 el10b.10 Each unit of product Echo take ue get labour hours to make. Quality standards are high, and 8% of units are rejected after completi ub-standard. Next month's budgets are as follows. Opening inventories of finished goods 3,000 units. Pianned closing inventories of finished goods 7,600 units Budgeted sales of Echo 36,800 units All inventories of finished goods must have successfully passed the quality control check. What is the direct labour hours budget for the month? © 207/000 hours Sold = OFG 4 tH — loot = en o 223,560 " - ov © 225/000 heurs 46800 2 be eH - BL (2 marks) Ws S $s October 224,000 Oo November 390,000 Nov-Dec = lohr4> December 402,000 ue oO ‘Ten per cent of sales are paid for immediately in cash. Of the credit customers, 30 per cent pay in the oer Ky month following the sale and are entitled to a one per cent discount. The remaining customers pay two “7 months after the sale is made. — \nbe — ” What is the value of sales receipts shown in the company's cash budget for December? ~ . © $285,567 . — O $286,620 (0. = 2400 oO $290,430 Noy — 39000" \ a oO $312,830 4oz = 3Sloo0 x 307% h2bpHNov * 2. YY 715 (07,204 bd => Tr oo K ZOE iE No 300 too we . = 201600\ Da i, vec elboo x2 FA lous =foruisz [|Ob.19 The following extract is taken from the production cost budget of S Co. Production (units) 2,000 3,000 VC - ; Production cost ($) 11,100 12,900 Wu + ev — \\ive | What is the budget cost allowance for an activity level of 4,000 units? - Juvo We | © $7,200 . { OS | © — $7,500 thy h !ove Qo O $13,460 i ‘i | © $14,700 MeAWwodl. b aU g (2 marks Teco TC IWC Tc oY Youn =z (Ye Yvoo A Ys hooey |-3 + ATH Guinn) Ay “infiy,h g 4.31 The following question is taken from the December 2012 exam. i. - nf Man EFFEC: The following data relates to a company’s overhead cost. Time Output Overhead Price Bn (units) C cost ($) index cnwe 10 “Seley ons = Th) | ee Current year 3,000 ag ,000" 155 Iv 1 Using the high low technique, what is the variable cost per unit (to the nearest $0.01) expressed in current year prices? Iss Seas nae int 2 lover ofa] 3 isoe low _ ISS. Boro —!-F2 marks)1 4a.34 The following question is taken from the January to June 2017 exam period. The following information relates to a company's semi-variable production overheads, Year Output —Qverhead Relevant units $s price index 2012 1,000 12,000 130 2013 1,200 14,000 140 ‘What is the variable overhead cost per unit, expressed in 2013 prices? Q $5.00 Oo $5.38 Oo $10.00 Oo $11.67 (2 marks)4a.26 A large bag of cement cest 60. 20x3 OR 20x4 20x5 20X6 ‘How much does a bag of s— Vv 20X3. The price indices are as follows. Sa 08 8-4 l06= Fog, | Pawo 4 x lOb= fo)\0 — [30 4a.28 Six years ago material ca highend nt pt tae po was 130, The same index now stands at 510. = What is the best estimate of the current cost of material M per kg? O $2.55 ° Or 4.27 Four years ago material X cost $5 per kg and the price index mast appropriate tothe cost of material X O $39.23 stood at 150. © $51.00 The same index now stands at 430. ‘What is the best estimate of the current cost of material X per kg? $1.74 $9.33 $1433 $21.50 (2 matks) e0004b.6 Quality contro! of four independent —>- processes reveals the length of certain be as follows. Process itey > Standard deviation > Ww (2 marks) ‘ Be th omy dake. he hc, he bags 7 7; : it is Ane (ery Gosict ont onal lees CY is not Consiclere of tequinsa dala it- 0k |-\ 2 46.9 A ge pushing cenary anata 14% aly crease to vey emphyee, x « —¥) VxXe= ox Which oe ow steers abot ta ition lw cans sas ae cme GQ Fe ‘The standard deviation will remain unaltered ‘The stardad deviation wil increase by 14%, a = 26 ‘Thecoefiien of variation wil remain uralered — a =)t lani2ony =X — $(u-)E iy Z 1 and 8 ony Sree © Te 2and Sony . tans (2 mat CVs S vo —, TNT SX e000 One