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BA2 PDF DEMO:

QUESTION NO: 1
Refer to the exhibit.
The budget for WP for the month of September contained the following data:
During the month the actual number of units produced was 1,860. The management accounts showed a direct material price variance of $1,200F and direct material usage variance of $180A. The direct materials purchased were 1,200 kg.
The actual quantity of material used in the month was
Answer:
960 kg

QUESTION NO: 2
Refer to the exhibit.
The following information is available for a production process:
The cost per unit of good output is:
Give your answer to 2 decimal places.
Answer:
£13.17

QUESTION NO: 3
An organisation's management report contains the following data:
Which division has the highest operating margin percentage?
A. Division A
B. Division B
C. Division C
D. Division D
Answer: C

QUESTION NO: 4
Which THREE of the following statements could explain why a favourable sales volume contribution variance has arisen?
A. The actual contribution per unit was higher than standard
B. Higher quality output attracted more customers than expected
C. The original budgeted sales volume was set unrealistically low
D. The actual selling price was lower than standard
E. The original budgeted sales volume was set unrealistically high
F. The actual selling price was higher than standard
Answer: B,C,D

QUESTION NO: 5
Which one of the following is an advantage of business partnering roles for the management accounting function within an organisation?
A. Management accounting practices are more likely to be consistent throughout the organisation
B. The management accountant is more likely to be focused on the objectives of the organisation as a whole
C. Communications are improved between the managers and the management accountant
D. Costs are reduced
Answer: C

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Updated: May 28, 2022