BTNC3 - Nhom 8

Bài tập nhóm chương 3
1. Budgeted production in a factory for next period is 6,000 units. Each unit requires 3 labour
hours to make. Labour is paid $12 per hour. Idle time represents 10% of the total labour time.
What is the budgeted total labour cost for the next period?
A. $250,000
B. $210,000
C. $216,000
D. $240,000
2. The following details have been extracted from the receivables collection records of A Co.
Invoices paid in the month after sale 50%
Invoices paid in the second month after sale 30%
Invoices paid in the third month after sale 18%
Bad debts 2%
Invoices are issued on the last day of each month.
Customers paying in the month after sale are entitled to deduct a 3% settlement discount.
Credit sales values for June to September are budgeted as follows.
January Febuary March April
$30,000 $35,000 $45,000 $50,000
What is the amount budgeted to be received from credit sales in April?
A $36,250
B $37,725
C $38,400
D $37,050
The following data is relevant for questions 3 and 4.

Canaervon manufactures a single product, the close, with a single grade of labour. Its sales
budget and finished goods inventory budget for period 3 are as follows.
Sales 700 units
Opening inventories, finished goods 50 units
Closing inventories, finished goods 70 units
The goods are inspected only when production work is completed, and it is budgeted that 10% of
finished work will be scrapped.
The standard direct labour hour content of the close is three hours. The budgeted productivity
ratio for direct labour is only 80% (which means that labour is only working at 80% efficiency).
3. What is the production budget for 3 period?
A 700 units
B 720 units
C 800 units
D 850 units
4. What is the direct labour budget for 3 period?

A 2,400 hour
B 3,000 hour
C 12,000 hour
D 5,000 hour
5. Which of the following is unlikely to be contained with a budget manual?
A Selling overhead budget
B Objectives of the budgetary process
C Organisational structures
D Administrative details of budget preparation
6. Which of the following is NOT a reason why profit and cash flow might be different?
A Purchase of non-current assets
B Time delays with the issue of bank statements
C Depreciation of non-current assets
D Sale of non-current assets
7. A Company manufactures and sells one product which requires 6 kg of raw material in its
manufacture. The budgeted data relating to the next period are as follows:
Sales 15,000 unit
Opening inventory of finished goods 2,000 unit
Closing inventory of finished goods 3,000 unit
Opening inventory of raw materials 12,000 kg
Closing inventory of raw materials 15,000 kg
What is the budgeted raw material purchases for next period?
A 90,000
B 93,000
C 96,000
D 99,000
8. A manufacturing company always carries finished goods inventory equal to 20% of the
next month's budgeted sales. Sales for the current month are 3,000 units and are budgeted to
be 10% higher next month. How many units will be produced in the current month?
A 3,060
B 2,940
C 3,300
D 3,400
The following data is relevant for questions 9 and 10.

MN Co currently sells its product for $20 but it is anticipated that there will be a price increase
of 5% from 1 February. The sales quantities are expected to be as follows:
January 15,000 units
February 18,000 units
March 21,000 units
All sales are on credit and 60% of cash is received in the month following the sale and the
remainder, two months after the sale.
9. What are the receipts from January and February sales that are received in March?
10. What is the receivable at the end first quarter?
HỌ VÀ TÊN MSSV ĐÁNH GIÁ
Lê Thị Linh 207KE64723 100%
Nguyễn Hoàng Khánh Ly 207KE68464 100%
Nguyễn Ngọc Bích Hằng 197KE 08199 100%
Nguyễn Đỗ Thùy Duyên 187KE05305 100%
Dương Tường Vy 197KE21190 100%
Nguyễn Ngọc Anh Thy 197KE08568 100%
ĐÁNH GIÁ THÀNH VIÊN
SOLUTIONS:
Câu 1: No idle time
Total hour = 6000 x 3hour = 18,000 hour

Idle time : X – 10%X = 18,000
 X = 20,000 hour
Total labour cost = 20,000 x $12 = $240,000

 D
Câu 2:
January = $30,000 x 18% = $5,400
February = $35,000 x 30% = $10,500
March = ( $45,000 x 50%) x 97% = $21,825

The amount budgeted to be received from credit sales in April :
= $5,400 + $10,500 + $21,825 = $37,725
 B
The following data is relevant for question 3 and 4.
Canaervon manufactures a single product, the close, with a single grade of labour. Its
sales budget and finished goods inventory budget for period 3 are as follows.
Sales 700 units
Opening inventories, finished goods 50 units
Closing inventories, finished goods 70 units
The goods are inspected only when production work is completed, and it is budgeted that
10% of finished work will be scrapped.
The standard direct labour hour content of the close is three hours. The budgeted
productivity ratio for direct labour is only 80% (which means that labour is only working
80% efficiency).
Câu 3: What is the production budget for 3 period?
A. 700 units
B. 720 units
C. 800 units
D. 850 units
SOLUTIONS:
Prodution budget units = Sales units + Closing inventory units – Opening inventory units
= 700 + 70 – 50 = 720 units
=> B
Câu 4: What is the direct labour budget for 3 period?
A. 2,400 hour
B. 3,000 hour
C. 12,000 hour
D. 5,000 hour
SOLUTION:
Particular Units
Sales 700
Add Closing 70
770
Less Opening 50
Needed for sale 720
Add Scrapped units 80
To be manufactured 800
Direct labour = Units to be manufactured * Direct Labour per hours
= 800 x 3 = 2,400 hour

 A
Câu 5:
Organisational structures is unlikely to be contained within a budget manual. A budget

manual typically includes information on the objectives of the budgetary process,
administrative details of budget preparation, and various budgets such as sales overhead
budget, production budget, cash budget, etc.
 C
Câu 6
Depreciation of non-current assets is not a reason why profit and cash flow might be
different. Depreciation is a non-cash expense that is added back to the profit to calculate cash
flow. The other options, such as the purchase or sale of non-current assets and time delays with
bank statements, can affect cash flow but not necessarily profit.
 C
Câu 7:
Production unit = sales units – opening inventory + closing inventory
= 15,000 - 2,000 +3,000 = 16,000units
Material used = 16,000 x 6kg = 96,000kg
Material purchases = material used + closing – opening
= 96,000 + 15,000 - 12,000 = 99,000
 D
Câu 8: A manufacturing company always carries finished goods inventory equal to 20%
of the next month's budgeted sales. Sales for the current month are 3,000 units and are
budgeted to be 10% higher next month. How many units will be produced in the current
month?
SOLUTION:
The closing inventory last month must be 10% of this months sales: 10% x 3,000 = 300
Next months sales are 3,000 + 20% = 3,600
So the closing inventory this month must be 10% x 3,600 = 360
So the production this month is 3000 (sales) – 300 (opening inventory) + 360 closing
inventory = 3,060
 A
Câu 9:
$20*5% = $1 => Product of 1 February = 21$
January 15,000 units $300,000 (15,000*20)
February 18,000 units $378,000 (18,000*21)
March 21,000 units $441,000 (21,000*21)
January = $300,000*40% = $120,000
February = $378,000*60% = $226,800
 The receipts from January & February sales that are received in March
= 120,000 + 226,800 = $346,800
Câu 10:
January February March

January ($300,000) $300,000*60% $300,000*40%
February ($378,000) $378,000*60%
March ($441,000)
Total $180,000 $346,800
 The receivable at the end first quarter = $180,000 + $346,800 = $526,800

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Bài tập nhóm chương 3

The following data is relevant for questions 3 and 4.

4. What is the direct labour budget for 3 period?

The following data is relevant for questions 9 and 10.

Câu 1: No idle time

Total hour = 6000 x 3hour = 18,000 hour

Total labour cost = 20,000 x $12 = $240,000

January = $30,000 x 18% = $5,400

February = $35,000 x 30% = $10,500

March = ( $45,000 x 50%) x 97% = $21,825

= 700 + 70 – 50 = 720 units

Câu 4: What is the direct labour budget for 3 period?

Needed for sale 720

Add Scrapped units 80

Direct labour = Units to be manufactured * Direct Labour per hours

= 800 x 3 = 2,400 hour

Organisational structures is unlikely to be contained within a budget manual. A budget

Production unit = sales units – opening inventory + closing inventory

= 15,000 - 2,000 +3,000 = 16,000units

Material used = 16,000 x 6kg = 96,000kg

Material purchases = material used + closing – opening

= 96,000 + 15,000 - 12,000 = 99,000

So the closing inventory this month must be 10% x 3,600 = 360

$20*5% = $1 => Product of 1 February = 21$

January 15,000 units $300,000 (15,000*20)

February 18,000 units $378,000 (18,000*21)

March 21,000 units $441,000 (21,000*21)

January = $300,000*40% = $120,000

February = $378,000*60% = $226,800

January February March

 The receivable at the end first quarter = $180,000 + $346,800 = $526,800

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