题目内容

Which control level is calculated using the formula shown below?Reorder level + reorder quantity – (minimum usage x minimum lead time)

A. Minimum inventory level
B. Maximum inventory level
C. Total inventory level
D. Average inventory level

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For what purpose would the Chief Executive Officer (CEO) require information?

A. Costing
B. Strategy
Control
D. Investment

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Which of the following is the MOST likely cost unit for a car part manufacturer?

A. Factory rent
B. Engineer’s wages
Car battery
D. Sales catalogue

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Which of the following statements describes the behaviour of fixed costs?

A. Costs that change when production volumes change
B. Costs that remain the same when production volumes change
Costs that change suddenly then remain stable over a range of production volumes
D. Costs that have a minimum value then increase with production volumes

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The budgeted cost of materials for 500 units of product X was $5.59 per unit.There was a variance of $350 (favourable). What was the actual cost of materials per unit?

A. $5.52
B. $6.29
C. $4.89
D. $5.66

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Which control level is calculated using the formula shown below?Reorder level + reorder quantity – (minimum usage x minimum lead time)

A. Minimum inventory level B. Maximum inventory level C. Total inventory level D. Average inventory level

For what purpose would the Chief Executive Officer (CEO) require information?

Which of the following is the MOST likely cost unit for a car part manufacturer?

Which of the following statements describes the behaviour of fixed costs?

The budgeted cost of materials for 500 units of product X was $5.59 per unit.There was a variance of $350 (favourable). What was the actual cost of materials per unit?

A. Minimum inventory level
B. Maximum inventory level
C. Total inventory level
D. Average inventory level