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ACCTN203-25B (HAM) - Management Accounting: Accounting for Organisational Control

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Which one of the following products or services would suit a job costing system?

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Which one of the following statements about service costing is false?

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Select the graph that best describes this scenario: Cost of outsourcing radiology services by a hospital, where the hospital pays an independent company a fee of $5,000 per month and $150 for each client referred.

Pattern

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Rocketboo Ltd has implemented a new system to measure their supply chain carbon impacts due to growing public and regulatory pressure to address climate change. Which of the following theory best explains this decision?

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Which one of the following scenarios best reflects the cost behaviour pattern shown on the graph?

Graph

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The following information is available for Rocketboo Ltd for the accounting period ended:

•   Raw material purchased during the period: $8,200

•   Opening and closing raw material inventory balances are $25,100 and $23,800, respectively.

•   Opening and closing work in process inventory balances are $18,400 and $15,000, respectively.

•   Opening and closing finished goods inventory balances are $2,400 and $3,000, respectively.

•   Cost of goods sold during the period: $12,000

What is the cost of raw material used during the period?

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Which one of the following statements about operation costing is false?

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Which one of the following businesses would be classified as professional service?

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Which of the following is an example of a cost center?

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Rocketboo Ltd produced 60 aviation helmets in September and incurred in the following costs:

•   Advertisement: $1,200 per month

•   Depreciation on production equipment: $4,500 per month

•   Executive team salary: $23,000 per month

•   General manufacturing overhead: $37,000 per month

•   Product design costs: $14,000 per month

•   Various materials included in final outputs: $650 per unit

•   Wages of staff involved in production: $270 per unit

What is the total product costs for the month?

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