Vanilla LLP is a leading pastry producer in Almaty. It produces 3 main sorts of pastries: A, B and C. The costs and volumes of each cort are as follows Pastry A Pastry A is the most popular and is produced in amount of 30.000 units. It is sold for KZT 1000 per unit and associated ingredients are amounted to KZT 250 per unit. This sort requires 2 hours of labor per unit and tabor is paid a KZT 200 per hour Pastry B Pastry Bis produced in amount of 25,000 units. It is sold for KZT 960 per unit and associated ingredients are amounted to KZT 200 per unt. This sort requires 1 hour of labor per unit and labor is paidat KZT 200 per hour Pastry Pastry C is produced in amount of 7,000 units. It is sold for KZT 1050 per unit and associated ingredients are amounted to KZT 300 per unit. This sort requires 1 hour of labor per unit and labor is paidat KZT 200 per Machinery Overheads of Vanilla LLP for the period are as follows: 3,000,000 Receiving 5.000.000 Set-up 6.000.000 Distribution 2.000.000 Total 16.000.000 Management accountant of Vanilla LLP estimated the following cost drivers: Pastry A Machine per unit Number of see Number of receipts Number of despatches 5 6 10 15 18 The proft per unt of pastries A, B and C, absorbing all the overheads on the basis of labor hours is AKZT 2/ KZT 376/KZT 376 BKZT 15/KZT 390/KZT 316 CKZT 126/KZT 378/KZT 316 D KZT 15/KZT 398/ KZT 376 2. The cost and profe per unit of Pastry A and Pastry C absorbing all the overheads using Acty Based Costing is closest to A Costs: KZT 170 and KZT 680, Profits: KZT 180 and KZT - 130 B Costs: KZT 820 and KZT 1180. Profits: KZT 180 and KZT - 130 Costs: KZT 170 and KZT 680. Profits: KZT 1000 and KZT 1050 Costs: KZT 620 and KZT 1180, Profits: KZT 1000 and KZT 1050 3. Which of the following argument may be considered by Vanilla LLP as an advantage of switching to Activity Based Costing? (1) ABC can be applied to all overhead costs, not just production overheads 21 inability to allocate al overhead costs to specific activities (3) Difficulty in selection of both activities and cost drivers. A1 B1 and 2 C 1 and 3 Dal above 4. Alatau LLP manufactures a single product that it sells for $10 per unit. The materials cost for each unit of product sold is 53. Total operating expenses are $100.000 each month Labour hours are limited to 20.000 hours each month. Each unit of product takes 2 hours to assemble What of below will result in TPAR improvement to 17 What of below will result in TPAR improvement to 17 A Increasing the selling price to 513 per unit Bincreasing the labour hours to 28,571 each month C Both A and B None above 5. Which of below environmental accounting methodologies aims to reduce the quantity of materials used by organization by combining organizational structure analysis and material consumption A Flow cost accounting BActivity-based costing Cinput outfow analysis D Lifecycle costing 6.Cakes Co make two type of cakes - Gluten free and regular Budgeted information is as follows: Regular Gluten free $ $ 14,00 9,00 Selling price Cool per unit Direct material 6,00 25 1.50 1,00 Direct labour Variable overhead Fived overhead 0.20 0,30 1,60 1,00 Production and sales forecasts for the current year are: Gluten free 15.000 units Regular cakes 50,000 units If gluten free cakes were to be made at full level of forecast and regular cakes at Ox of initial estimated level of production, how many units of gluten free cakes Cakes Co needs to sell to achieve a profit of $300,000 in that year? A 60.670 units B 70.50 C80,670 units D 90,566 units Vanilla LLP is a leading pastry producer in Almaty. It produces 3 main sorts of pastries: A, B and C. The costs and volumes of each cort are as follows Pastry A Pastry A is the most popular and is produced in amount of 30.000 units. It is sold for KZT 1000 per unit and associated ingredients are amounted to KZT 250 per unit. This sort requires 2 hours of labor per unit and tabor is paid a KZT 200 per hour Pastry B Pastry Bis produced in amount of 25,000 units. It is sold for KZT 960 per unit and associated ingredients are amounted to KZT 200 per unt. This sort requires 1 hour of labor per unit and labor is paidat KZT 200 per hour Pastry Pastry C is produced in amount of 7,000 units. It is sold for KZT 1050 per unit and associated ingredients are amounted to KZT 300 per unit. This sort requires 1 hour of labor per unit and labor is paidat KZT 200 per Machinery Overheads of Vanilla LLP for the period are as follows: 3,000,000 Receiving 5.000.000 Set-up 6.000.000 Distribution 2.000.000 Total 16.000.000 Management accountant of Vanilla LLP estimated the following cost drivers: Pastry A Machine per unit Number of see Number of receipts Number of despatches 5 6 10 15 18 The proft per unt of pastries A, B and C, absorbing all the overheads on the basis of labor hours is AKZT 2/ KZT 376/KZT 376 BKZT 15/KZT 390/KZT 316 CKZT 126/KZT 378/KZT 316 D KZT 15/KZT 398/ KZT 376 2. The cost and profe per unit of Pastry A and Pastry C absorbing all the overheads using Acty Based Costing is closest to A Costs: KZT 170 and KZT 680, Profits: KZT 180 and KZT - 130 B Costs: KZT 820 and KZT 1180. Profits: KZT 180 and KZT - 130 Costs: KZT 170 and KZT 680. Profits: KZT 1000 and KZT 1050 Costs: KZT 620 and KZT 1180, Profits: KZT 1000 and KZT 1050 3. Which of the following argument may be considered by Vanilla LLP as an advantage of switching to Activity Based Costing? (1) ABC can be applied to all overhead costs, not just production overheads 21 inability to allocate al overhead costs to specific activities (3) Difficulty in selection of both activities and cost drivers. A1 B1 and 2 C 1 and 3 Dal above 4. Alatau LLP manufactures a single product that it sells for $10 per unit. The materials cost for each unit of product sold is 53. Total operating expenses are $100.000 each month Labour hours are limited to 20.000 hours each month. Each unit of product takes 2 hours to assemble What of below will result in TPAR improvement to 17 What of below will result in TPAR improvement to 17 A Increasing the selling price to 513 per unit Bincreasing the labour hours to 28,571 each month C Both A and B None above 5. Which of below environmental accounting methodologies aims to reduce the quantity of materials used by organization by combining organizational structure analysis and material consumption A Flow cost accounting BActivity-based costing Cinput outfow analysis D Lifecycle costing 6.Cakes Co make two type of cakes - Gluten free and regular Budgeted information is as follows: Regular Gluten free $ $ 14,00 9,00 Selling price Cool per unit Direct material 6,00 25 1.50 1,00 Direct labour Variable overhead Fived overhead 0.20 0,30 1,60 1,00 Production and sales forecasts for the current year are: Gluten free 15.000 units Regular cakes 50,000 units If gluten free cakes were to be made at full level of forecast and regular cakes at Ox of initial estimated level of production, how many units of gluten free cakes Cakes Co needs to sell to achieve a profit of $300,000 in that year? A 60.670 units B 70.50 C80,670 units D 90,566 units
