ACCA Paper F2 Management Accounting June 2012

Revision Mock – Answers
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ACCA F2: MANAGEMENT ACCOUNTING

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REVISION MOCK ANSWERS

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B – FALSE
The definition given is that of a flexed budget.

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D C
Economic order quantity =

2C OD CH 2 x $10 × 80,000 units 0.90 1,333 units

Economic order quantity Economic order quantity

= =

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B D
(65,800 + 82,600 + 60,100)/3 = 69,500 82,600 – 69,500 = 13,100 units

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C
High level = number of units: 48 Low level = number of units: 23 Difference = 25 units Therefore variable cost per unit = $1,900 ÷ 25 units = $76 Fixed costs = $7100 – ($76 × 48 units) = $3,452 Total cost $7,100 Total cost $5, 200 Difference in costs $1,900

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D A A B C

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ACCA F2: