快速查题-ACCA英国注册会计师试题

 A planning variance compares what with what? 

 A standard material cost is revised and the standard quantity of material required per unit is reduced in the revised standard, compared with the original standard. At the same time, the standard rate per unit of material is increased in the revised standard. 

 (a) The material price planning variance is ________________ (favourable/adverse) 

 (b) The material usage planning variance is ________________ (favourable/adverse) 

The standard labour rate per hour in an original standard cost is $10. The standard cost is revised, and the revised labour rate per hour is $12. The labour efficiency variance in hours is 2,000 hours adverse. What is the labour efficiency operational variance in $?  _______

 The following statements have been made about material price planning variances: 

(1) The publication of material price planning variances should always lead to automatic updates of standard costs. 

(2) The causes of material price planning variances do not need to be investigated by managers at any level in the organisation. 

Which of the above statement(s) is/are true? 

 Leaf limited has had a mixed year. Its market share has improved two percentage points to 20% but the overall market had contracted by 5% in the same period.  The budgeted sales were 504,000 units and standard contribution was $12 per unit. 

 What is the level of actual sales?