Free BA2 Exam Braindumps (page: 35)

Page 35 of 99

A fixed budget is:

  1. A budget for fixed overheads
  2. A budget which shows costs and revenues at different levels of activity
  3. A budget which shows costs and revenues for a single level of activity
  4. A budget prepared on a continuous basis

Answer(s): C



In a manufacturing company which produces a range of products, the wages of a machine operator in the factory would be classified as a:

  1. Direct labor cost
  2. Indirect labor cost
  3. Direct expense
  4. Indirect expense

Answer(s): A



The value of the capital invested in producing and selling product F is $600,000. A return on investment of 14% is required from all products.

Budgeted production and sales of product F for next period are 25,000 units and the standard cost per unit is $33.

In order to achieve the required return on investment the selling price per unit of product F must be

  1. $3.36
  2. $36.36
  3. $37.62
  4. $57.00

Answer(s): B



In an integrated cost and financial accounting system, the accounting entries for the purchase of raw material on credit would be:

  1. Debit: Payables control accountCredit: Cost of sales account
  2. Debit: Raw material control accountCredit: Payables control account
  3. Debit: Cost of sales accountCredit: Payables control account
  4. Debit: Payables control accountCredit: Work in progress control account

Answer(s): B



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@MaBlerh commented on June 02, 2024
Good exam simulation questions
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