Part (a) gives a soap factory with two production cost centres and a service cost centre and asks for the overhead to...
Objective questions Section A
4
Objective question 4Section A
From the previous syllabus. Defines labour turnover as the ratio of leavers to the number on the payroll and asks which cost does not arise from labour turnover.
The full wording of this question has not been added yet. This summary shows what it tests and where to revise it.
Source: ICAN Pathfinder, Foundation Level Examination, Management Accounting, November 2019, Question 4
Theory questions Written questions
2
Theory question 2Written paper
Process Alpha question: calculate the abnormal gain or loss in kg (3 marks), the equivalent units of output with closing work-in-progress, and the cost per equivalent unit for materials and conversion.
The full wording of this question has not been added yet. This summary shows what it tests and where to revise it.
Source: ICAN Pathfinder, Foundation Level Examination, Management Accounting, November 2019, Question 2
3
Theory question 3Written paper
Part (a) gives a soap factory with two production cost centres and a service cost centre and asks for the overhead to be apportioned and reapportioned to production.
The full wording of this question has not been added yet. This summary shows what it tests and where to revise it.
Source: ICAN Pathfinder, Foundation Level Examination, Management Accounting, November 2019, Question 3
Source and reference. These questions come from the Institute of Chartered Accountants of Nigeria (ICAN) Pathfinder for the Foundation Level Examination, Management Accounting, November 2019. When you use them, please cite the source, for example: ICAN Pathfinder, Foundation Level Examination, Management Accounting, November 2019. Each question carries its own reference and a button to copy it.