ACCA-F2|Management Accountant Mock Exams A company uses standard absorption costing, The follawing are extracted from the budget fora penod Budget Sales and production (units) 7.000 ‘Selling price per unit $50 Standard cost per unit $30 During the budeet period 7,500 units were actually sold for$337,500 and unit costs were in line with standard What is the sales volume profit variance for the period? © $22,500 Adverse © $10,000 Favourable © $22,800 Favourable © $26,000 Adverse clear Subente (2 marks) In relation to a manufacturing company, are these statements true or false? True False The factory canteen is atays 2 cost centre e A cost centre is the location where all the pepenwork for the costing is system is accurnulated lear subi <2marks) ial pakitanilogpotcam |ACCAF2 wea tom ETACCA-F2|Management Accountant Mock Exams A.company has pfnduced the following data for selling costs at different levels of sales Sales (units) Total selling costs (6) 3.000 2.400 Fised costs inctease by $20,000 when the Sales |avel is higher than 2,600 units 145,000 116,000 What is the fixed selling cost at a sales level of 2,600 units? © $700,000 © $139,000 © $80,000 © $119,000 Suomi 2 marks} ial akitanilogpoteam |ACCAF2 wea tom ETACCA- F2|Management Accountant Mock Exams A business has the opportunity to invest in just one of four projects (A,B, Cor D). The probable outcomes fram each project are as follows A | B c | D Probability Profit| Probability Profit] Probability Profit| Probability Profit 3 $ 3 8 o4 8,800 og 8,000 i) 12,000 a2 8,000 os 1000, 07 = 1100] os eso] os 11.800 Which project offers the highest expected profit? © Project © Project © Projecto Project D Submit | (2 marksy