ACCAF5考前Tips考试重点及答题技巧下

1、4 00() units= $1875Othr 曲會命色Mp«r unit of 0 = $9§T000lOhour.000 hours= S20ACCA F5考前Tips :考试重点及答题技巧（下）书接上回，今天继续带大家来看看F5部分重点题型的答案解析。Part three部分重点题型的答案解析（摘选近年来的重点难点考试真题）（2016 New Type-Sample 新题型样卷）选择题1 A companymanufactures two products, C and D, for which the following information isa vailab

2、le:Prodiict CProduct DTotalBudgeted production (unitstooo4.0005.000Labor hours per uniVin tot at81046.000Mumber of production runs required1328Number of pcdions during produdk?n538Total produdion 鸵 wp costs$140.000Total sritpectran costsSSOOOOOther overhead cost's$96.000Other overhead costs are

3、absorbed on alabor hour basis.Using activity-based costing, what is the budgetedoverhead cost per unit ofProduct D?15Solution Setup costs per unit of D = SlJO.OCO 一Inspection cost per unit of D =580.000-Overhead per unit of 0$4252 The sellingprice of Product X is set at $550 for each unit and sales

4、for the coming yearar e expected to be 800 units.A return of30%o n the in vestme nt of $500,000 in Product X will be required in the comi ng year.What is the target cost for each unit of Product X?Soluti on:Return:$500,000 x 30%= $150,000Total salesrevenue = $550 x 800 =$440,000Thereforetotal cost =

5、 $440,000 -$150,000 = $290,000Un it cost =$290,000/800 = $362 50(2015 Jun)选择题1 A divisionis considering investing in capital equipment costing $2 7m. The usefulecono mic life of the equipment is expected to be 50 years, with no resale valueat the end of the period. The forecast return on the initial

6、 investment is 15%per annum before depreciation .The division ' cost of capitalis 7%.What is the expected annual residual in come of the in itial in vestme nt?Soluti on:RI =Divisional profit after depreciation- Imputed interest=($2.7m x 15%- $2.7m x 1/50) -$2.7m x 7%= $162,000注释:RI的重要变量是可控利润（本题叫

7、做Divisionalprofit after depreciation）con trollableprofit用来衡量子公司通过可控行为而产生的利润（即需要剔除总部摊销费用,以及其他不可控因素对子公司利润的影响）本题很明显：子公司可以自主决定(控制)设备的投资，随后的折旧就是可控费用2 The FruitCompany (F Co) currently grows fruit which customers pick themselves from th efields before paying. F Co is concerned that a large number of custo

8、mers areeating som e of the fruit whilst picking it and are therefore not paying for allof it. As a result, it has to decide whether to hire staff to pick an dpackagethe fruit in stead. The followi ng values and costs have been identified:(i) Thetotal sales value of the fruit currently picked and pa

9、id for by customers(ii) Thecost of growing the fruit(iii) Thecost of hiring staff to pick and package the fruit(iv) Thetotal sales value of the fruit if it is picked and packaged by staffinsteadWhich of the above are releva nt to the decisi on?A All ofthe above; B (ii), (iii) and(iv) only;C (i),(ii)

10、 and (iv) only; D (i), (iii) and (iv)onlySoluti on:(ii)Cost ofgrowi ng the fruit will i ncur any way ,regardless of the decisi on.种植成本不管要不要"招收员工”，总是会发生的.(i) and(iv)要结合起来看.如：原来收入为100元，”招收员工”的收入的120元.则，因这个决定得以发生的现金流入为20元.3 Which of the following statements describes target costing?A Itcalculates

11、the expected cost of a product and then adds a margin to it toarrive at the t arget selling priceB Itallocates overhead costs to products by collecting the costs into pools andsharing the m out according to each product ' usage of the cost driving activityC Itide ntifies the market price of a pr

12、oduct and the n subtracts a desired profitmarg in to ar rive at the target costD Itidentifies different markets for a product and then sells that same product atdifferent prices in each marketSolution:难度很低，考了目标成本法基本概念：从市场接受的价格出发，减去目标利润空间，得到目标成本4 The MobileSandwich Co prepares sandwiches which it del

13、ivers and sells toemployees atl ocal bus in esses each day.Demandvaries between 325 and 400 sandwiches each day. As the day progresses, thepric e of the sandwiches is reduced and, at the end of the day, any sandwichesnot sold are thr own away. The company has prepared a regret table to show theamoun

14、t of profit whichwould be forego ne each day at each supply level,give nthe vary ing daily levels of dema nd.R6qr«ttabl0Daily supply ql(uniia)350375Daily demand325521S12OforSO&44S76|m982$4Q妙400$142S90i52SOAppl ying the decisi on criteri on of mini max regret, how many san dwichesshould the

15、company decide to supply each day?A325; B 350; C375; D 400注释：上图不是payofftable,而是一基于它计算出来的regret table.当决策为每天生产375个治'在实际需求为325个时，后悔值（机会成本）达到最高;当决策为每天生产325个治'在实际需求为400个时，后悔值（机会成本）达到最高;当决策为每天生产350个治'在实际需求为400个时，后悔值（机会成本）达到最高;当决策为每天生产400个治'，在实际需求为325个时，后悔值（机会成本）达到最高;对比其他决策，每天生产375个治带来的最高机

16、会成本$82是最小的，因此 option C11 A companymanufactures three products using different amounts of the same gradeof labor,which is in short supply.Thefollowing budgeted data relates to the products:Per unit：Pl $120P2cP3Selling price14095Materials ($2 per kg)(40)(32)(22)Labour ($10 per hour)(10)(20)(11)Variabi

17、e overheads(20)(28)(24)Fixed overheads(6(12)Profit per unit445126What order should the products be manufactured in to ensure that profit ismaximized?Soluti on:P1P2P3Contribution50 (=44 + 6>6036Labor hours1 h2r>1.1 hCon per hour$50S3QW4.55Rank13213 A companyssales and cost of sales figures have

18、 remained unchanged for the last two years.The follo wing in formati on has bee n no ted:Year ended31 May 201531 May 2014Inventory turnover period45 days38 daysPayables payment period40 days55 daysReceivables payment period60 days68 daysCurrent ratio1113Thefollowing statements have been made about t

19、he company 's performanee for therecent year:(i) Customersare tak ing Ion ger to pay and this may have con tributed to the decli nein thee ompany 's current ratio(ii) I nven torylevels have in creased and this may have con tributed to the decli ne in thecomp any S quick ratioWhich of the abo

20、ve statements is/are true?A(i)only; B (ii) only; C Both (i) and (ii); D Neither (i) nor(ii)注释：考生对(ii)普遍疑惑说明对速动比率的计算公式都掌握不好：该比率在分子剔除了存货余额，即：存货的变动对这个比率没有影响(2015 Jun) 1. Beckley Hill (ABC)1 Beckley Hill (BH) is a private hospitalcarrying out two types of procedures on patients. E ach type of procedure

21、incursthe following direct costs:ProcedureAB(2 W 产問Surgical tim« and maleriahS1.200$2.644)time and materialsS800$1.620BHcurrently calculates the overhead cost per procedure by taking the totaloverhead cost and simply dividing it by the number of procedures, then roundingthe cost to the nearest2

22、 decimal places. The total cost is $2,475.85 forProcedure A and $4,735.85 for Procedure B.Recently,anotherlocal hospital has implemented activity-based costing (ABC). This has led thefi nance director at BH to con sider whether this alter native costi ng tech niq uewould brin g any ben efits to BH.

23、He has obta ined an an alysis of BH' stotaloverheads for the last year and some additional data, all of which isshownbelow:CostCost driver$AdministrativeAdministrative tim« pr procedure1J70J60Nursing castsLength of patent stay6.2U,B16Catering costsNumber of meals966.976General facility cost

24、sLength of patient stay853,600ProcedureABNo. of procedures14,60022,400Admini&tratlve time per procedure (hours)11.5Length of patient stay per procedure (hours)2448Average no, of meals required per patient14(a)Calculatethe full cost per procedure using activity-based costing. (6") tivity-bas

25、ed costing should be implemented at BH. (4")(b)Mak in grefere neeto your findings in part (a), advise the finance directorasto whetheracCostDnvrr b)CosrercVeF (thAcirnlirilitratjon 1.S70.100M/DOfKMjrtpKt'GCj T Ji$38 SO par tdmm h&urT 123 MQTMMirtg.砒S4C<tHnnoMA>rTM 3*00 mihater* r<iwy. r 科磁円 <T.42.WQtwnit p«T paMfii rwtjrABCA (I)B (S)$3*8 B0 p*r和创3S 85S 2门毎飢t、耐取捅”tn gw1(>4 M< 4 Mi Hh/229仟*舛蒔斛