2014年12月ACCA-F5考试真题答案.docx

请预览后下我! 请预览后下我! 请预览后下我! 请预览后下我! Answers 请预览后下我! PAGE 请预览后下我! PAGE # PAGE PAGE # Fundamentals Level - Skills Module, Paper F5 December 2014 AnswersPerformance Management December 2014 Answers Section A Division A： Profit = $14 ? lm x 30% = S4 ? 32m Imputed interest charge = $32 ? 6m x 10% = $3 ? 26m Residual income = Si ? 06m Division B： Profit = 8 ? 8m x 24% = $2 ? 112m Imputed interest charge = $22 ? 2m x 10% = $2 ? 22m Residual income = S(0 ? 108)m D All costs are included when using life cycle costing? 3 A This is the definition of a basic standard? 4 B The first statement is describing management control, not strategic plannm g? 5 C Number of units required to make target of Pl. Number of units required to make target of Pl. profit = fixed costs 十 target profit/contribution per unit Fixed costs = ($1 ? 2 x 10, 000) + ($1 x 12, 500) - $2,500 = $22, 000. 他瑚8沁68托o册护?铺匸迫凝uJiU：20 = 51 ?枪 Product A B C D Selling price per unit $160 $214 $100 $140 Raw material cost $24 S56 $22 $40 Direct labour cost at $11 per $66 $88 $33 $22 hour $24 $18 $24 $18 Variable overhead cost $46 $52 $21 $60 Contribution per unit Direct labour hours per -6 -8 ?3 -2 unit $7 ? 67 $6 ? 50 $7 $30 Contribution per labour 2 4 3 1 Nonna1 monthly hours (total units x . hours per 1, 800 1,000 720 800 strike goes ahead, only 2, 160 labour hours will be available? Therefore make all of D, then 1,360 hours worth of A (2, 160 - 800 hrs)? B 460 - 400 = 60 clients $40,000 - $36,880 = S3,120 VC per unit = S3,120/60 = $52 Therefore FC = $40,000 - (460 x S52) = $16, 080 8 B Increase in variable costs from buying in (2,200 units x $40 ($140 - $100)) = $88,000 Less the specific fixed costs saved if A is shut down = (S10, 000) Decrease in profit = $78,000 9 10 11 12 13 14 15 16 17 18 Only the first statement is correct? Traditional absorption costing tends to over-allocate costs to high v products, not under*allocate them? B By definition, a shadow price is the amount by which contribution will increase