Subsection 2.1. Costs and cost behaviour for Accounting, A Level - revisedeck

2.1. Costs and cost behaviour

A subsection of Accounting, 9706, through 2. Cost and management accounting (AS Level)

Listing 10 of 370 questions

A business has the following costs. raw materials $3 per unit direct labour $2 per unit stepped costs of $5000 for every 10 000 units What is the cost of producing 15 000 units?

9706_s12_qp_11

MCQ

2012

Paper 1, Variant 1

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Which statement best describes fixed costs?

9706_s12_qp_11

MCQ

2012

Paper 1, Variant 1

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A business has the following costs. raw materials $3 per unit direct labour $2 per unit stepped costs of $5000 for every 10 000 units What is the cost of producing 15 000 units?

9706_s12_qp_12

MCQ

2012

Paper 1, Variant 2

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Which statement best describes fixed costs?

9706_s12_qp_12

MCQ

2012

Paper 1, Variant 2

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A company manufactures and sells chairs. The following financial information is available. per unit $ selling price direct material and labour other variable production costs variable selling costs fixed costs The company has the option of buying in the chairs for resale instead of making them. At which purchase price would the company’s profit be unchanged?

9706_s13_qp_11

MCQ

2013

Paper 1, Variant 1

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Which costs may be capitalised as land and buildings?

9706_s14_qp_11

MCQ

2014

Paper 1, Variant 1

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The following information is available about a customer order. $ direct material cost 75.00 direct labour cost 42.00 cost per labour hour 7.00 fixed overhead absorption rate per direct labour hour 6.50 The order has a mark-up calculated at 20% of total cost. What is the selling price?

9706_s14_qp_11

MCQ

2014

Paper 1, Variant 1

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What can be used to apportion production overheads to cost centres?

9706_s14_qp_11

MCQ

2014

Paper 1, Variant 1

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Simon provides the following information about his costs for the year. $ raw materials 16 100 factory depreciation 2 400 production labour 18 000 factory supervisor 8 500 factory heating 1 100 carriage in 1 500 rent 12 000 administration costs 11 500 Half of the rent relates to the factory and half to the offices. What is the total of indirect manufacturing costs?

9706_s14_qp_12

MCQ

2014

Paper 1, Variant 2

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A manufacturing business has the following costs carriage inwards depreciation of factory machinery insurance of machinery machine operators’ wages raw material costs Which items make up factory overhead?

9706_s15_qp_11

MCQ

2015

Paper 1, Variant 1

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Questions Discovered

370