单选题The following circumstances may arise in relation to the launch of a new product: (i)Demand is relatively inelastic (ii)There are significant economies of scale (iii)The firm wishes to discourage new entrants to the market (iv)The product life cycle is particularly short Which of the above circumstances favour a penetration pricing policy?

单选题Thefollowingbudgeteddataforaparticularperiodwasavailableforacompanysellingtwoproducts:Whatisthetotalsalesquantitycontributionvariancefortheperiod?

单选题A profit centre manager claims that the poor performance of her division is entirely due to factors outside her control. She has submitted the following table along with notes from a market expert, which she believes explains the cause of the poor performance: After adjusting for the external factors outside the managers control, in which category/categories is there evidence of poor performance?

单选题The following statements have been made about life cycle costing: (i)It focuses on the short-term by identifying costs at the beginning of a product’s life cycle (ii)It identifies all costs which arise in relation to the product each year and then calculates the product’s profitability on an annual basis (iii)It accumulates a product’s costs over its whole life time and works out the overall profitability of a product (iv)It allocates costs to each stage of a product’s life cycle and writes them off at the end of each stage Which of the above statements is/are correct?

单选题The following statements have been made about environmental cost accounting: (1) The majority of environmental costs are already captured within a typical organisation’s accounting system. The difficulty lies in identifying them (2) Input/output analysis divides material flows within an organisation into three categories: material flows; system flows; and delivery and disposal flows Which of the above statements is/are true?

单选题X Co uses rolling budgeting, updating its budgets on a quarterly basis. After carrying out the last quarter’s update to the cash budget, it projected a forecast cash deficit of $400,000 at the end of the year. Consequently, the planned purchase of new capital equipment has been postponed. Which of the following types of control is the sales manager’s actions an example of?

单选题Oxco has two divisions, A and B. Division A makes a component for air conditioning units which it can only sell to Division B. It has no other outlet for sales. Current information relating to Division A is as follows: Marginal cost per unit $100 Transfer price of the component $165 Total production and sales of the component each year 2,200 units Specific fixed costs of Division A per year $10,000 Cold Co has offered to sell the component to Division B for $140 per unit. If Division B accepts this offer, Division A will be shut. If Division B accepts Cold Co’s offer, what will be the impact on profits per year for the group as a whole?

单选题The following statements have been made about both standard costing and total quality management (TQM): (1) They focus on assigning responsibility solely to senior managers (2) They work well in rapidly changing environments Which of the above statements is/are true?

单选题Which of the following statements regarding market penetration as a pricing strategy is/are correct? (1) It is useful if significant economies of scale can be achieved (2) It is useful if demand for a product is highly elastic

单选题A manufacturer and retailer of kitchens introduces an enterprise resource planning system

单选题Different management accounting techniques can be used to account for environmental costs

单选题A company makes two products using the same type of materials and skilled workers

单选题A government is trying to assess schools by using a range of financial and non-financial factors

单选题The following are all steps in the implementation of the target costing process for a product: (1) Calculate the target cost (2) Calculate the estimated current cost based on the existing product specification (3) Set the required profit (4) Set the selling price (5) Calculate the target cost gap Which of the following represents the correct sequence if target costing were to be used?

单选题A manufacturing company which produces a range of products has developed a budget for the life-cycle of a new product, P

单选题A company predicted that the learning rate for production of a new product would be 80%. The actual learning rate was 75%. The following possible reasons were stated for this: (i)The number of new employees recruited was lower than expected (ii)Unexpected problems were encountered with production (iii)Unexpected changes to Health and Safety laws meant that the company had to increase the number of breaks during production for employees Which of the above reasons could have caused the difference between the expected rate of learning and theactual rate of learning?

单选题Which of the following techniques is NOT relevant to target costing?

单选题A company makes and sells product X and product Y

案例分析题CSC Co is a health food company producing and selling three types of high-energy products: cakes, shakes and cookies, to gyms and health food shops. Shakes are the newest of the three products and were first launched three months ago. Each of the three products has two special ingredients, sourced from a remote part the world. The first of these, Singa, is a super-energising rare type of caffeine. The second, Betta, is derived from an unusual plant believed to have miraculous health benefits. CSC Cos projected manufacture costs and selling prices for the three products are as follows: For each of the three products, the expected demand for the next month is 11,200 cakes, 9,800 cookies and 2,500 shakes. The total fixed costs for the next month are $3,000. CSC Co has just found out that the supply of Betta is going to be limited to 12,000 grams next month. Prior to this, CSC Co had signed a contract with a leading chain of gyms, Encompass Health, to supply it with 5,000 shakes each month, at a discounted price of $580 per shake, starting immediately. The order for the 5,000 shakes is not included in the expected demand levels above. Required: (a) Assuming that CSC Co keeps to its agreement with Encompass Health, calculate the shortage of Betta, the resulting optimum production plan and the total profit for next month. One month later, the supply of Betta is still limited and CSC Co is considering whether it should breach its contract with Encompass Health so that it can optimise its profits. Required: (b) Discuss whether CSC Co should breach the agreement with Encompass Health. Note: No further calculations are required. Several months later, the demand for both cakes and cookies has increased significantly to 20,000 and 15,000 units per month respectively. However, CSC Co has lost the contract with Encompass Health and, after suffering from further shortages of supply of Betta, Singa and of its labour force, CSC Co has decided to stop making shakes at all. CSC Co now needs to use linear programming to work out the optimum production plan for cakes and cookies for the coming month. The variable x is being used to represent cakes and the variable y to represent cookies. The following constraints have been formulated and a graph representing the new production problem has been drawn: Singa: 025x + 05y 12,000 Betta: 05x + 02y 12,500 Labour: 01x + 012y 3,000 x 20,000 y 15,000 x, y 0 Required: (c) (i) Explain what the line labelled C = 26x + 175y on the graph is and what the area represented by the points 0ABCD means. (ii) Explain how the optimum production plan will be found using the line labelled C = 26x + 175y and identify the optimum point from the graph. (iii) Explain what a slack value is and identify, from the graph, where slack will occur as a result of the optimum production plan. Note: No calculations are needed for part (c). Formulae Sheet Learning curve Y = axb Where Y = cumulative average time per unit to produce x units a = the time taken for the first unit of output x = the cumulative number of units produced b = the index of learning (log LR/log2) LR = the learning rate as a decimal Demand curve P = a bQ a = price when Q = 0 MR = a 2bQ

案例分析题Jungle Co is a very successful multinational retail company. It has been selling a large range of household and electronic goods for some years. One year ago, it began using new suppliers from the country of Slabak, where labour is very cheap, for many of its household goods. In 20X4, Jungle Co also became a major provider of cloud computing services, investing heavily in cloud technology. These services provide customers with a way of storing and accessing data and programs over the internet rather than on their computers hard drives. All Jungle Co customers have the option to sign up for the companys Gold membership service, which provides next day delivery on all orders, in return for an annual service fee of $40. In September 20X5, Jungle Co formed its own logistics company and took over the delivery of all of its parcels, instead of using the services of international delivery companies. Over the last year, there has been worldwide growth in the electronic goods market of 20%. Average growth rates and gross profit margins for cloud computing service providers have been 50% and 80% respectively in the last year. Jungle Cos prices have remained stable year on year for all sectors of its business, with price competitiveness being crucial to its continuing success as the leading global electronic retailer. The following information is available for Jungle Co for the last two financial years: Required: Discuss the financial and non-financial performance of Jungle Co for the year ending 31 August 20X6. Note: There are 7 marks available for calculations and 13 marks available for discussion.