Batch III - 2nd Mock Test - MTQ Answer

Batch III - 2nd Mock Test - MTQ Answer - MOCK TEST II ACCA...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
MOCK TEST II ACCA TRAINING COURSE - BATCH III Paper : F2 – Management Accounting Day / Date : Saturday / February 27, 2016 Duration : 120 Minutes Test Method : Closed Book Instructors : Natalis Christian, SE., MM. Hendra Yana, SE. and Leini, SE. MULTIPLE CHOICE QUESTION 50 Questions MULTI TASK QUESTION 1. Laizer Co. wants to be able to predict their overhead costs with more accuracy. The company accountants has analyzed costs for the past six months: Production level (units) Overhead costs ($) January 10.00 3,352 February 10.50 3,479 March 12.00 3,860 April 9.00 3,098 May 9.50 3,225 June 10.25 3,416 Further analysis has revealed: ∑x = 61.25, ∑y = 20,430, ∑xy = 209,903, ∑x 2 = 630.56 Required: a. Use regression analysis to identify the variable cost per unit! ( 2 marks ) b. Which graph shows best the relationship between production levels and overhead costs for Laizer Co.? ( 1 marks ) c. Further analysis has shown that there is a price index applicable to the overhead costs: Production level (units) Overhead costs ($) Index January 10.00 3,352 100 February 10.50 3,479 101 March 12.00 3,860 102 April 9.00 3,098 104 May 9.50 3,225 105 June 10.25 3,416 106
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Using high-low analysis, calculate the variable cost per unit in June’s prices! ( 3 marks ) d. Within time series analysis, which TWO of the following are concerned with long term movements/fluctuations in variables? ( 2 marks ) A. Seasonal variations B. Cyclical variations C. Random variations D. The trend e. Which ONE of the following options about Paasche and Laspeyre indices is correct? (
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern