发布时间 : 星期日 文章ACCA F2 练习题（2012版）更新完毕开始阅读
D $1,050 Answer：A
11.4 In a particular process, the input for the period was 2,000 units. There were no inventories at
the beginning or end of the process. Normal loss is 5 per cent of input. In which the following circumstances is there an abnormal gain?
(i) Actual output =1,800 units (ii) Actual output=1,950 units
(iii) Actual output=2,000 units A (i) only B (ii) only
C (i) and (ii) only D (ii) and (iii) onlr Answer：D
11.5 In a process account, abnormal losses are valued: A At their scrap value
B The same as good production C At the cost of raw materials D The same as normal losses Answer：B
11.6 A company needs to produce 340 litres of Chemical X. There is a normal loss of 10% of the
material input into the process. During a given month the company did produce 340 litres of good production, although there was an abnormal loss 5% of the material input into the process.
How many litres of material were input into the process during the month? A 357 litres B 374 litres C 391 litres D 400 litres Answer：D
The following information relares to questions 11.7 and 11.8
A company produces a certain food item in a manufacturing process. On 1 November, there was no opening inventory of work in process. During November, 500 units of material were input to the process, with a cost of $9,000. Direct labour costs in November were $3,840. Production overhead is absorbed at the rate of 200% of direct labour costs. Closing inventory on 30 November considered of 100 units which wre 100% complete as to materials and 80% complete as to olabour and overhead. There was no loss in process.
11.7 The full production cost of completed units during November was
A $10,400 B $16,416 C $16,800 D $20,520 Answer：C
11.8 The value of the closing work in progress on 30 November is
A $2,440 B $3,720 C $4,104 D $20,520 Answer：B
The following information relates to questions 11.9 and 11.10
A company makes a product in two processes. The following data is available for the latest period,
for process 1.
Opening work in progress of 200 units was valued as follows. Material $2,400 Labour $1,200 Overhead $400 No losses occur in the process. Units added and costs incurred during the period: Material $6,000(500 units) Labour $3,350 Overhead $1,490 Closing work in progress of 100 units had reached the following degrees of completion: Material 100% Labour 50% Overhead 30% The company used the weighted average method of inventory valuation. 11.9 How many equivalent units are used when calculating the cost per unit in relation to overhead?
A 500 B 600 C 630 D 700 Answer：C
11.10 The value of the units transferred to process 2 was
A $7,200 B $13,200 C $14,840 D $15,400 Answer：B
11.11 A company uses process costing to estabilsh the cost per unit its output. The following information was available for the last month: Input units 10,000 Output units 9,850 Opening inventory 300 units, 100% complete for materials and 70% complete for conversion costs Closing inventory 450 units, 100% complete for materials and 30% complete for conversion costs The company uses the weighted average method of valuing inventory. What were the equivalent units for conversion costs? A 9,505 units B 9,715 units C 9,775 units D 9,985 units Answer：D
11.12 A company uses process costing to value its output. The following was recorded for the period Input material 2,000 units at $4.50 per unit Conversion costs 13,340 Normal loss 5% of input valued at $3 per unit Actual loss 150 units There were no opening or closing inventories. What was the valuation of one unit of output to one decimal place? A $11.8 B $11.6 C $11.2 D $11.0 Answer：B
11.13 A company operates a continuous process into which 3,000 units of material costing $9,000
was input in a period. Conversion costs for this period were $11,970 and losses, which have a scarp value of $1.50, are expected at a rate of 10$ of input. There were no opening or closing inventories and output for the period was 2,900 units.
What was the output valuation? A $20,271 B $20,520 C $20,970 D $22,040 Answer：D
11.14 The following information relates to a company?s polishing process for the previous period. Output to finished goods 5,408 units valued at $29,744 Normal loss 276 units Actual loss 112 units All losses have a scrap value of $2.50 per unit and there was no opening or losing work in process.
The value of the input during the period was: A $28,842 B $29,532 C $29,744 D $30,434 Answer：B
11.15 Which of the following statements about process losses are ture? (i) Units of normal loss should be valued at full cost per unitr. (ii) Units of abnormal loss should be valued at their scrap value. A (i) only B (ii) only
C Both of them D Neither of them Answer：D
12 Process costing, joint and by-products
The following data relates to questions 12.1 and 12.2
A company manufactures two joint products, P and R, in a common process. Data for June are as follows. $ Opening inventory 1,000 Direct materials added 10.000 Conversion costs 12,000 Closing inventory 3,000
Production Sales Sales price Units Units $ per unit P 4,000 5,000 5 R 6,000 5,000 10 12.1 If costs are apportioned between joint products on a sales value basis, what was the cost per unit of product R in June?
A $1.25
B $2.22 C $2.50 D $2.75 Answer：C
12.2 If costs are apportioned between joint products on a physical unit basis, what was the total cost of product P production in June? A $8,000 B $8,800 C $10,000 D $12,000 Answer：A
12.3 Which of the following statements is/are correct?
(i) A by-product is a product produced at the same time as other products which has a
relatively low volume compared with the other products.
(ii) Since a by-product is a saleable item it should be separately costed in the process
account, and should absorb some of the process costs.
(iii) Costs incurred prior to the point of separation are known as common or joint costs. A (i) and (ii) B (i) and (iii) C (ii) and (iii) D (iii) only Answer：D
12.4 A company manufactures two joint products and one by-product in a single process. Data for November are as follows. $ Raw material input 216,000 Conversion costs 72,000 There were no inventories at the beginning or end of the period. Output Sales price Units $ per unit Joint product E 21,000 15 Joint product Q 18,000 10 By-product X 2,000 2 By-product sales revenue is credited to the process account. Joint costs are apportioned on a
sales value basis. What were the full production costs of product Q in November (to the nearest $)?
A $102,445 B $103,273 C $104,727 D $180,727