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No. Syllabus topic Chapter Question numbers Note
11 Environmental accounting U1: MA Intro 12, 22
28 Not-for-profit organisations U1: MA Intro NPO 66, 67, 68, 69, Mock 3 Q5
1 Absorption costing U3: CAS CP(Single period) 1, 2, 3, 4, 5, 10, Mock 2 Q1, Mock
3 Q4
2 Activity based costing U3: CAS Costing principle 2, 3, 4, 5, 6, 10, 36, 68, Mock 1
Q1, Mock 2 Q2,Mock 3 Q4
21 Life-cycle costing U3: CAS CP(Multiperiod) 7, 9, 10, 38
24 Marginal costing U3: CAS CP(Single period) 1, 11, 48, 50
46 Target costing U3: CAS Costing principle 7, 8, 10
47 Throughput accounting U3: CAS Costing principle 10, 11, 12, 13
7 Cost function U4: DMT C5: Pricing decisions 20, 328 Cost volume profit (CVP) analysis U4: DMT C3: CPV 14, 15
9 Decision rules U4: DMT C7: Risk & Uncertainty 30, 31, 32, 33
10 Demand U4: DMT C5: Pricing decisions 20, 32
12 Expected values U4: DMT C7: Risk & Uncertainty 30, 31, 32, 39
17 Further processing decision U4: DMT C6: ST decision 24, 29
19 Incremental costs and revenues U4: DMT C5: Pricing decisions 29
22 Linear programming U4: DMT C4: LF analysis 16, 17, 18, 19, Mock 3 Q3
23 Make-or-buy decisions U4: DMT C6: ST decision 26
25 Market research U4: DMT C7: Risk & Uncertainty 7, 20, 32
30 Outsourcing U4: DMT C6: ST decision 26, 27, 28
32 Pricing decisions U4: DMT C5: Pricing decisions 3, 4, 5, 20, 21, 22, 23, 25, 28, 29,
43, Mock 2 Q2
33 Process costing U4: DMT C6: ST decision 24
35 Relevant costs U4: DMT C6: ST decision 24, 2536 Research techniques U4: DMT C7: Risk & Uncertainty 31, 33
40 Risk and uncertainty in decision making U4: DMT C7: Risk & Uncertainty 30, 31, 32, 33, Mock 2 Q5
41 Sensitivity analysis U4: DMT C7: Risk & Uncertainty 30, 32
43 Shutdown decisions U4: DMT C6: ST decision 28
5 Budgetary systems and types U5: Budgeting 35, 36, 38, 45, 69, Mock 3 Q5
6 Budgeting objectives U5: Budgeting 34, 72
15 Flexible budgets U5: Budgeting 45, 51
16 Forecasting U5: Budgeting Quantitative analysis 8, 37, 73
20 Learning curve U5: Budgeting 40, 41, 42, 43, 68, Mock 1 Q5
34 Quantitative analysis in budgeting U5: Budgeting 37, 39, 40, 41, 42, 44, 45, Mock 1
Q2
39 Revised budgets U5: Budgeting 54
44 Spreadsheets U5: Budgeting Quantitative analysis 37
4 Behavioural aspects of standard costing U6: SC & VA 48, 49, 51, 52, 68
18 Idle time variances U6: SC & VA 49, 68
26 Material mix and yield variances U6: SC & VA 49, 52, 53, 55
29 Operating statements U6: SC & VA 46, 48, 67, Mock 2 Q3
31 Planning and operating variances U6: SC & VA 52, 54
45 Standard costs U6: SC & VA 48, 49, 52, Mock 1 Q3
49 Variance analysis U6: SC & VA 45, 46, 47, 48, 49, 50, 51, 52, 53,
55, 56, 57,Mock 1 Q3, Mock 2
Q3, Mock 3 Q1
48 Transfer pricing U7: TP Divisional performance
measures
60, 61, 64, 65
3 Balanced Scorecard U8: PM Scorecard 59, Mock 2 Q413 Financial performance indicators U8: PM FPI 58, 59, 60, 61, 62, 66, 70, 71, 73,
74, 75, 76,Mock 1 Q4, Mock 3 Q2
14 Fitzgerald & Moon Building Block model U8: PM Bulding Block Model 60, 75
27 Non-financial performance indicators U8: PM N-FPI 58, 59, 63, 68, 71, 74, 75, 76,
Mock 3 Q2
37 Residual income U8: PM Divisional performance
measures
60, 61, 62, Mock 2 Q4
38 Return on investment U8: PM Divisional performance
measures
59, 60, 62, 74, Mock 2 Q4
42 Short-termism U8: PM Short-termism and
manipulation
58, 73
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Ma SP. 10 SP. 10 SP. AP. 12
Matx SQ 60,000x AQ
consumed
65,000 x AQ
purchased
x AQ
purchased
75,000
Qty (u) 12,000 75,000
Usage (kg/u) 5
(10x12000x5)= 600,000 (10x65000)= 650,000 (10x75000)= 75000x12 = 900,000
Mat2,00,0
A
La
SR.
w SIT
6 SR.
w SIT
6 SR.
w/o SIT
AR. 7
Labx SH wrk
for AO
120,000x AH work
for AO
114,000 x AH paid
for AO
x AH paid
for AO
115,000
Qty (u) 12,000 12,000 12,000
Base (h/u) 10.0 9.5 9.6
(6x12000x10)
=
720,000 (6x114000)
=
684,000 (6x115000)= 115000x7 = 805,000
Lab85,00
(A)
Labour
Va
SR.
Work
2 SR.
Work
2 SR.
Work
AR. 2
Varix SH wrk
for AO
120,000x AH work
for AO
114,000 x AH paid
for AO
x AH paid
for AO
115,000
Qty (u) 12,000 12,000 12,000
OAR/CD (h/u) 10.0 9.5 9.6
(2x12000x10)
=
240,000 (2x114000)
=
228,000 (2x115000)= (1.96x115000)= 225,000
Vari15,00
(F)
Variable OHs
Fix
SR.
Work
3 SR.
Work
3 SR.
Work
3 SR.
Work
3 AR. 1.96
Fixe
x SH wrk
for AO
120,000x AH work
for AO
114,000 x AH paid
for AO
115,000 x BH
for BO
100,000 x AH paid
for AO
115,000
Qty (u) 12,000 12,000 12,000 12,000 12,000
OAR/CD (h/u) 10.0 9.5 9.6 8.3 9.6
(2x12000x10)
=
360,000 (2x114000)
=
342,000 (2x115000)= 345,000 (2x1150
00 =
300,000 (1.96x115000)
=
225,000
Fixe
40,00
(F)
Fixed OHs
Sal
SC.
(SP-SVC )
40 SC.
(SP-SVC )
40 AC.
(AP-SVC)
Salex BQ 10,000x AQ 9,000 x AQ
Qty (u) 10,000
Usage (kg/u) 1
(10000x40)= 400,000 (9000x40)= 360,000 (9000x90)= Margin va
Sale4,10,0
F
810,000
Margin volume=40000(A) Margin price = 450000 (F)
Efficiency = 18,000 (F) Idle-time = 3,000 (A) Capacity =
45,000 (F)Expenditure = 20,000 (A)
90
9,000
2
115,000
12,000
10
230,000
Efficiency = 12,000 (F) Idle-time = 2,000 (A) Expenditure = 5,000 (F)
6
115,000
12,000
10
690,000
Efficiency = 36,000 (F) Idle-time = 6,000 (A ) Rate = 1,15,000 (A)
Usage = 50,000 (A) Price = 1,50,000 (A)
10
75,000
750,000
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Sales Margi
SC.
(SP-SVC)
56 SC.
(SP-SVC)
56 AC.
(AP-SVC)
P ($/u) 240 240
VC ($/u) 184 184
Sales Margin x BQ 8,400 x AQ 8,000 x AQ
56x8400= 470,400 56x8000= 448,000 41x8000=
Sales MarginCont. Vol. -22,400 (A) -120,000 (A)
41
8,000
Margin price
225
184
328,000
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Sales Margi
SProfit.
(SP-SCOS)
6 SP.
(SP-SCOS)
6 AP.
(AP-SCOS)
P ($/u) 20.0 20.0
VC ($/u) 6.6 6.6
FC ($/u) 7.4 7.4
Sales Margin x BQ 5,100 x AQ 4,850 x AQ (AS-SCOS)-BP=Sales V
Sales Margin 6x5100= 30,600 6x4850= 29,100 5.71x4850=
Sales MarginSales Vol. -1,500 (A) -1,400 (A)
Materials SP. 4 SP. 4 SP. AP.
Materialsx SQ
for AO
2,425 x AQ
consumed
2,300 x AQ
urchased
x AQ
for AO
2,
Qty (u) 4,850 4,
Usage (kg/u) 0.5
Materials 4x2425= 9,700 4x4= 9,200 4x2300= 4.26x2300= 9,8
Materials Usage 500 (F) -600 (A)
Materials
Labour
SR.
w SIT
2 SR.
w SIT
2 SR.
w/o SIT
2 AR.
Labourx SH wrk
for AO
9,700 x AH work
for AO
8,000 x AH paid
for AO
8,500 x AH paid
for AO
8,5
Act. Qty (u) 4,850 4,850 4,850 4,8
Base (h/u) 2.0 1.6 1.75
Labour 2x9700= 19,400 2x8000= 16,000 2x8500= 17,000 1.98x8500= 16,8
LabourEfficiency 3,400 (F) Idle-time (1,000) (A) 200 (F)
Labour
Variable O
SR.
Work
0.3 SR.
Work
0.3 SR.
Work
0.3 AR. 0
Variable OHsx SH wrk
for AO
9,700 x AH work
for AO
8,000 x AH work
for AO
8,000 x AH work
for AO
8,
Act. Qty (u) 4,850 4,850 4,850 4,8
OAR/CD (h/u) 2.0 1.6 1.6
Variable OHs 0.3x9700= 2,910 0.3x8000= 2,400 0.3x8000= 2,400 0.3x8000= 2,6
Variable OHs Efficiency 510 (F) Idle-time - (A) -200 (A) Variable OHs
Fixed OHs
SR.
Work
3.7 SR.
Work
3.7 SR.
Work
3.7 AR. 5
Fixed OHs
x SH wrk
for AO
9,700 x AH work
for AO
8,000 x BH
for BO
10,200 x AH work
for AO
8,
Qty (u) 4,850 4,850 5,100 4,8
OAR/CD (h/u) 2.0 1.6 2.0
Fixed OHs 3.7x9700= 35,890 3.7x8000= 29,600 3.7x10200= 37,740 5.3x8000= 42,3
Fixed OHs Efficiency 6,290 (F) Capacity (8,140) (A) -4,560 (A)
Fixed OHs
Budget Actual
$
Sales Qty 5,100 8,000
Sales $20.0 102,000 95,600
Raw Mat. $2.0 10,200 9,800
Labor Cost $4.0 20,400 16,800
Variable OH $0.6 3,060 2,600
VCOS $6.6 - 33,660 - 29,200
Cont. $13.4 68,340 66,400
FC $37,740 $42,300
Profit $30,600 $24,100
AC MC $ $
Rate
Expenditure
Expenditure
7.4
4
2,300
9,200
Price
Sales price
6
19.7
6.6
4,850
27,700
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Std
ingred
ientsMat. 1 5.0 kg $2.0 $/kg $10.0 $ 500.0 kg
Mat. 2 10.0 kg $3.0 $/kg $30.0 $ 730.0 kg
Output 80 unitsAU
in SM
AU
for AO
S U
for AO
AQ input
in SM
AU
in AM
Materi SM Std Cost SM 6 AM 6
Mat.1 5.0 1/3 $2.0 1/3 2/5
Mat.2 10.0 2/3 $3.0 2/3 3/5
15.0
AO: 80 units
SQ input
for AO
1,200 AQ input
for AO
1,230 AQ Output
for AO
1,230
Mat.1 400-410= 400 (10) ($20) 410-500= 410 (90) ($180.0) 500
Mat.2 800-820= 800 (20) ($60) 820-730= 820 90 $270.0 730
Yield ($80.0) (F) Mix $90.0 (A)
$10.0 (A)
M1 M2 Total
Standard Cost $/kg $2.0 $3.0
Std Material Usage per unit kg/u 5.0 10.0 15
Standard Mix (SM) 1/3 2/3 1
Actual Output (AO) units 80
Standard Quantity at AO (SQ) kgs 1,200
MIX INPUT
SQ in SM (1) kgs 400 800 1,200
AQ in SM (2) kgs 410 820 1,230
AQ in AM (3) kgs 500 730.0 1,230
Mix Variance (SM-AM) @A
(2)-(3) Variance in kg (90) 90 -
Variance in $ -$180.0 (A) $270.0 (F) $90.0 (F)
Yield Variance (SQ-AQ) @ SM(1)-(2) Variance in kg (10) (20) (30)
Variance in $ -$20.0 (A) -$60.0 (A) -$80.0 (A)
Usage Variance (SQ-AQ) @AOVariance in kg (100) 70 (30)Variance in $ (200) (A) 210 (F) $10.0 (F)
M1 M2 Total
Standard Cost $/kg $2.0 $3.0
Std Material Usage per unit kg/u 5.0 10.0 15
Standard Mix (SM) 1/3 2/3 1
Actual Output (AO) units 80
Standard Quantity (SQ) kgs 1,200
MIX INPUT
Usage
SQ 1
AQ 2
AQ 3AM
Yield
Mix
Std Mat. Usage
per unit
Std Cost Input
SM
SM
Yield SM SQ 1
SM AQ 2
Mix
AM AQ 3
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Std
ingred
ients
Mat. 1 0.8 k 40 000.0 k 2.5 /k 1.9 34 000.0 k
Mat. 2 0.4 kg 20,000.0 kg $4.0 $/kg $1.5 $ 22,000.0 kg
1.1 60,000.0 $3.4
Output 53,000 unitsAU
in SM
AU
for AOLoss: 10%
Input 58,889 units
S Ufor AO
AQ inputin SM
AUin AM
Materi SM Std Cost SM 6 AM
Mat.1 0.8 2/3 $2.5 2/3
Mat.2 0.4 1/3 $4.0 1/3
1.1
Loss: 10%
AO: 53,000 units
SQ input
for AO
60,000 AQ input
for AO
56,000 AQ Input
for AO
Mat.140000-
37333=
40,000 2,667 $6,667 37333-34000= 37,333 3,3338 333.3
Mat.220000-
18667=
20,000 1,333 $5,333 18667-22000= 18,667 (3,333)($13,333.3)
Yield $12,000.0 (F) Mix ($5,000.0) (A)