cameroon gce A level 2024 cost and management accounting 1
cameroon gce A level 2024 cost and management accounting 1
SECTION A: COST ACCOUNTING
1
• An enterprise orders annually 220,000 kg of a
material . The unit purchase price is 3000 CFAF.
The cost of placing an order is 66,000 CFAF and
the carrying cost represents 20 % of the average
stock.
What is the optimal number of order to be placed ?
A 4 orders.
10 orders.
C 5 orders.
D 8 orders.
6. MAKA Enterprise had the following stock
record of raw materials in August 2021;
Opening stock 40 kg at 150 CFAF
raw
What is the cost per unit of closing stock for
MAKA Enterprise using the WACAEE method?
A 240.90 CFAF.
B 163.7 CFAF.
C 24,200 CFAF .
D 6,000 CFAF .
> B
2, The standard time allowed per unit for direct labour
is 7 hours. During January 2020, 1,000 units were
. produced taking 6,500 hours. The units budgeted
for the month had been 1,200. What is the number
of standard hours allowed for January?
A 6,500 hours.
B 7,800 hours.
C 8,400 hours.
D 7,000 hours.
<
•
7. In process costing, if an abnormal loss arises, the
process account is generally
A Debited with the scrap value of the
abnormal loss units.
B Debited with the full production cost of
the abnormal loss units.
C Credited with the scrap value of the
abnormal loss units.
D Credited with the full production cost of
the abnormal loss units.
3. Which of the variances below is calculated only for
fixed factory overhead?
A Price variance.
B Quantity variance.
C Production variance.
D Flexible budget variance.
8. Use the following graph to answer the following
question.
CosU
4. The labour hours required to produce products X
and Y are 2 hours and 5 hours 30 minutes
respectively. If only 150 hours of direct labour
are available, what will be the labour hour
constraint ?
200,000
100,000
*Units
5.5X+2Y < 150.
2X+5.5Y > 150.
2X+5.5Y < 150.
5.5X+ 2Y = 150.
A 2,000 4,000 6,000
What is the total cost at activity level of 4,000 units
if unit variable cost is 300frs per unit?
BCD
A 1,400,000 CFAF.
B 200,000 CFAF.
C 100,000 CFAF.
D 1,300,000 CFAF.
5. A company’s process B had no opening inventory.
13,500 units of raw materials were transferred in at
4.50 CFAF per unit. Additional material at 1.25
CFAF per unit was added in the process. Labour and
overheads were 6.25 CFAF per completed unit and
2.50 CFAF per unit incomplete. If 11,750 completed
units were transferred out, what was the closing
inventory in Process B?
A 6562.5 CFAF
B 12,250 CFAF
C 14,437.5 CFAF
D 25,375 CFAF
