Pass the CIMA Certificate BA2 Questions and answers with ExamsMirror

Refer to the exhibit.

In an integrated cost and financial accounting system, the accounting entries for factory overhead absorbed would be:

An abnormal loss in a process occurs when:

Which of the following items would not be found in a cash budget?

Refer to the exhibit.

The following scattergraph has been drawn for a certain cost in recent periods.

Based on this scattergraph the variable cost per unit is:

Refer to the exhibit.

The management accountant has completed the initial allocation and apportionment of overheads as follows.

The service department costs are now to be reapportioned to the other departments as follows, taking account of reciprocal servicing.

After the service department costs have been reapportioned, the total overhead cost of Department A, to the nearest $, will be:

A company's output level increases but remains within the relevant range. Which ONE of the following statements is incorrect?

Which THREE of the following cost items would normally be classified as fixed costs?

Refer to the exhibit.

The following costs apply to batch 325, which consists of 10000 units of identical products:

The company charges selling and administration costs at a rate of 20% of production costs and wishes to achieve a profit margin of 20% of sales.

What is the required selling price per unit of product?

Give your answer to 2 decimal places.

Refer to the exhibit.

Which is the correct journal entry required to record a favorable variable overhead expenditure variance in an integrated accounting system?

The correct journal entry required to record a favorable variable overhead expenditure variance in an integrated accounting system is:

In an integrated cost and financial accounting system, the accounting entries for charging gross direct wages to production would be: