Free BA2 Exam Braindumps (page: 41)

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CORRECT TEXT

During Period 8, 120kgs of material 'X' was purchased for a total cost of £1,920. This resulted in a materials price variance of £240 adverse.

What was the standard price per kg of Material 'X'?

  1. £14.01 per kg. Give your answer to 2 decimal places.

Answer(s): A



Which one of the following is NOT one of the main roles of the management accountant?

  1. Control operations and ensure the efficient use of resources
  2. Implement corporate governance procedures and internal controls
  3. Plan short-run operations
  4. Prepare statutory financial information such as the cash flow statement

Answer(s): D



A flexible budget is:

  1. A budget that can be flexed if the inflation level is different from forecast
  2. A budget that can be flexed if the activity level is different from forecast
  3. A budget that can be flexed if unit variable costs are different from forecast
  4. A budget that can be flexed if fixed costs are different from forecast

Answer(s): B



CORRECT TEXT

Refer to the exhibit.



The budget for ORG for the month of September contained the following data:

During the month the actual number of units produced was 1,550. The management accounts showed a direct labour rate variance of $200 adverse and direct labour efficiency of $150 adverse.

The actual direct labour cost in the month was:

  1. $4997 adverse

Answer(s): A



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