1、ACCA 考试 F5 业绩管理真题 2009 年 12 月及答案解析(总分：120.04，做题时间：180 分钟)一、ALL FIVE questions a(总题数：5，分数：120.00)（分数：20.01）(1).(a) Calculate the total material price and total material usage variances ignoring any possible planning error in the figures. (4 marks)（分数：6.67）_(2).(b) Analyse the above total variances in
2、to component parts for planning and operational variances in as much detail as the information allows. (8 marks)（分数：6.67）_(3).(c) Assess the performance of the production manager. (8 marks)（分数：6.67）_Big Cheese Chairs (BCC) manufactures and sells executive leather chairs. They are considering a new d
3、esign of massaging chair to launch into the competitive market in which they operate. They have carried out an investigation in the market and using a target costing system have targeted a competitive selling price of $120 for the chair. BCC wants a margin on selling price of 20% (ignoring any overh
4、eads). The frame and massage mechanism will be bought in for $51 per chair and BCC will upholster it in leather and assemble it ready for despatch. Leather costs $10 per metre and two metres are needed for a complete chair although 20% of all leather is wasted in the upholstery process. The upholste
5、ry and assembly process will be subject to a learning effect as the workers get used to the new design. BCC estimates that the first chair will take two hours to prepare but this will be subject to a learning rate (LR) of 95%. The learning improvement will stop once 128 chairs have been made and the
6、 time for the 128th chair will be the time for all subsequent chairs. The cost of labour is $15 per hour. The learning formula is shown on the formula sheet and at the 95% learning rate the value of b is 0074000581. Required:（分数：20.01）(1).(a) Calculate the average cost for the first 128 chairs made
7、and identify any cost gap that may be present at that stage. (8 marks)（分数：6.67）_(2).(b) Assuming that a cost gap for the chair exists suggest four ways in which it could be closed. (6 marks) The production manager denies any claims that a cost gap exists and has stated that the cost of the 128th cha
8、ir will be low enough to yield the required margin.（分数：6.67）_(3).(c) Calculate the cost of the 128th chair made and state whether the target cost is being achieved on the 128th chair. (6 marks)（分数：6.67）_（分数：20.01）(1). （分数：6.67）_(2). （分数：6.67）_(3). （分数：6.67）_（分数：20.00）(1). （分数：10.00）_(2). （分数：10.00）_
9、（分数：20.01）(1). （分数：6.67）_(2). （分数：6.67）_(3). （分数：6.67）_ACCA 考试 F5 业绩管理真题 2009 年 12 月答案解析(总分：120.04，做题时间：180 分钟)一、ALL FIVE questions a(总题数：5，分数：120.00)（分数：20.01）(1).(a) Calculate the total material price and total material usage variances ignoring any possible planning error in the figures. (4 marks)
10、（分数：6.67）_正确答案：(The total variances are as follows: Total price variance = ($5.25 $4)3,500kg = $4,375 Adverse Total usage variance = (3,500 4,000)4 = $2,000 Favourable This makes a total of $2,375 Adverse)解析：(2).(b) Analyse the above total variances into component parts for planning and operational
11、variances in as much detail as the information allows. (8 marks)（分数：6.67）_正确答案：(The planning variances are calculated by comparing the original budget and the revised standards after adjustment for factors outside the control of the organisation. On this basis the revised standards would be a price
12、of $480 per kg with revised usage at 42g per card. Planning price variance = ($480 $4)4,200 = $3,360 Adverse Planning Usage variance = (4,200 4,000)$4 = $800 Adverse The total planning error (variance) is $4,160 Adverse The operational variances compare the actual spend with the revised budget figur
13、es. Operational price variance = ($525 $480)3,500kg = $1,575 Adverse Operational usage variance = (3,500 4,200)$480 = $3,360 Favourable The total operational variance is $1,785 Favourable The method above is in line with the article previously written by the examiner and published in the ACCA studen
14、t newsletter. Other methods applied consistently would score full marks.)解析：(3).(c) Assess the performance of the production manager. (8 marks)（分数：6.67）_正确答案：(The production manager is subject to external pressures which appear beyond his control. The size of the security card has to fit the reader
15、of that card and if the industry specification changes there is nothing that he can do about that. This is, then, a planning error and should not form part of any assessment of his performance. Equally if world-wide oil prices increase (and hence plastic prices) then the production manager cannot co
16、ntrol that. This would be allocated as a planning error and ignored in an assessment of his performance. The performance of the production manager should be based on the operational variances (and any relevant qualitative factors). The decision to use a new supplier cost an extra $1,575 in price ter
17、ms. On the face of it this is, at least potentially, a poor performance. However, the manager seems to have agreed to the higher price on the promise of better quality and reliability. If this promise was delivered then this could be seen as a good decision (and performance). The savings in waste (p
18、artly represented by the usage variance) amount to $3,360 favourable. This would seem to suggest better quality. The fact that the production level jumped from 60,000 to 100,000 also suggests that suppliers reliability was good (in that they were able to deliver so much). The net variance position i
19、s relevant at a saving of $1,785. It is also possible that such a large increase in volume of sales and production should have yielded a volume based discount from suppliers. This should also be reflected in any performance assessment in that if this has not been secured it could be seen as a poor p
20、erformance. This is backed up by the lack of obvious quality problems since we are told that 100,000 cards were produced and sold in the period, a huge increase on budget. The ability of a production manager to react and be flexible can often form a part of a performance assessment. In conclusion th
21、e manager could be said to have performed well.)解析：Big Cheese Chairs (BCC) manufactures and sells executive leather chairs. They are considering a new design of massaging chair to launch into the competitive market in which they operate. They have carried out an investigation in the market and using
22、 a target costing system have targeted a competitive selling price of $120 for the chair. BCC wants a margin on selling price of 20% (ignoring any overheads). The frame and massage mechanism will be bought in for $51 per chair and BCC will upholster it in leather and assemble it ready for despatch.
23、Leather costs $10 per metre and two metres are needed for a complete chair although 20% of all leather is wasted in the upholstery process. The upholstery and assembly process will be subject to a learning effect as the workers get used to the new design. BCC estimates that the first chair will take
24、 two hours to prepare but this will be subject to a learning rate (LR) of 95%. The learning improvement will stop once 128 chairs have been made and the time for the 128th chair will be the time for all subsequent chairs. The cost of labour is $15 per hour. The learning formula is shown on the formu
25、la sheet and at the 95% learning rate the value of b is 0074000581. Required:（分数：20.01）(1).(a) Calculate the average cost for the first 128 chairs made and identify any cost gap that may be present at that stage. (8 marks)（分数：6.67）_正确答案：( )解析：(2).(b) Assuming that a cost gap for the chair exists sug
26、gest four ways in which it could be closed. (6 marks) The production manager denies any claims that a cost gap exists and has stated that the cost of the 128th chair will be low enough to yield the required margin.（分数：6.67）_正确答案：( )解析：(3).(c) Calculate the cost of the 128th chair made and state whet
27、her the target cost is being achieved on the 128th chair. (6 marks)（分数：6.67）_正确答案：( )解析：（分数：20.01）(1). （分数：6.67）_正确答案：( )解析：(2). （分数：6.67）_正确答案：( )解析：(3). （分数：6.67）_正确答案：( )解析：（分数：20.00）(1). （分数：10.00）_正确答案：( )解析：(2). （分数：10.00）_正确答案：( )解析：（分数：20.01）(1). （分数：6.67）_正确答案：( )解析：(2). （分数：6.67）_正确答案：( )解析：(3). （分数：6.67）_正确答案：( )解析：_解析：
