BA2 - Fundamentals of Management Accounting Exam Questions PDF download

QUESTION: 66 Exam Topic: 1, Exam Pool A

Refer to the Exhibit.

Zepher Ltd. manufactures three products, which require the same type of machine. The following fixed cost and profit per unit is available:

In a period in which machine hours are in short supply, which of the following options is the rank order of production?

Answer is:

Option A
Option B
Option C
Option D

Answer(s): A

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QUESTION: 67 Exam Topic: 1, Exam Pool A

CORRECT TEXT

A company operates a full cost system of pricing. Production overheads are absorbed using a pre-determined absorption rate of £3.50 per machine hour. The direct production cost of product A is £15 per unit and it utilises 6 machine hours per unit. The mark-up for non-production costs is 10% of total production cost. The company applies a 25% mark-up on total cost for all products.

The required selling price for Product A, to two decimal places, is:

£49.52

Answer(s): A

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QUESTION: 68 Exam Topic: 1, Exam Pool A

CORRECT TEXT

Refer to the Exhibit.

The following details have been extracted from the receivables collection records of SBC:

The amount budgeted to be received in September from credit sales is, to the nearest £000:

£257000

Answer(s): A

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QUESTION: 69 Exam Topic: 1, Exam Pool A

Each finished carton of product P contains 15 litres of liquid L. During the production process there is an unavoidable loss of 20% of the liquid input. The standard price of liquid L is $2 per litre.

The standard ingredient cost for liquid L shown on the standard cost card for one carton of product P will be

$18.75
$30.00
$36.00
$37.50

Answer(s): D

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QUESTION: 70 Exam Topic: 1, Exam Pool A

The following costs are incurred by a company which owns a five star hotel. Which THREE of the items would normally be classified as variable costs?

Advertising
Food
Depreciation on gym equipment
Restaurant Manager's salary
Beverages
Outside laundry service

Answer(s): B,E,F

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CIMA BA2 - Fundamentals of Management Accounting BA2 - Fundamentals of Management Accounting Dumps in PDF

Free CIMA BA2 - Fundamentals of Management Accounting Real Questions (page: 14)

QUESTION: 66 Exam Topic: 1, Exam Pool A

QUESTION: 67 Exam Topic: 1, Exam Pool A

QUESTION: 68 Exam Topic: 1, Exam Pool A

QUESTION: 69 Exam Topic: 1, Exam Pool A

QUESTION: 70 Exam Topic: 1, Exam Pool A