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ACCA Management Accounting (MA) 2023 past questions and answers

This 2023 ACCA Management Accounting (MA) set has 20 practice questions. Try these 5 free sample questions, tap a question to reveal the answer and explanation. Then practise the whole 2023 set with instant marking.

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Sample ACCA Management Accounting (MA) 2023 questions

1. A furniture factory pays its production supervisor a fixed monthly salary. Within the factory's relevant range of activity, the salary does not change with output. How should this cost be classified?
  1. Variable direct production cost
  2. Fixed indirect production cost
  3. Fixed direct selling cost
  4. Variable administrative cost

Answer: B. Fixed indirect production cost

The supervisor's salary is fixed within the relevant range and supports production without being traceable to an individual unit, so it is fixed production overhead. A direct cost can be traced economically to a cost unit, which is not the case here.

2. A workshop recorded total costs of $28,000 at 4,000 machine-hours and $40,000 at 7,000 machine-hours. Assuming a linear cost function, what total cost should be budgeted at 5,500 machine-hours?
  1. $30,000
  2. $32,000
  3. $36,000
  4. $34,000

Answer: D. $34,000

The high-low variable rate is ($40,000 − $28,000) ÷ (7,000 − 4,000) = $4 per machine-hour. Fixed cost is $28,000 − (4,000 × $4) = $12,000, so cost at 5,500 hours is $12,000 + (5,500 × $4) = $34,000.

3. A small manufacturer makes metal shelving. Which cost is an indirect production cost?
  1. Wages of the factory maintenance team
  2. Steel sheets incorporated into each shelf
  3. Sales commission paid for each shelf sold
  4. Rent for the head office

Answer: A. Wages of the factory maintenance team

Factory maintenance supports production but cannot usually be traced economically to a particular shelf, so it is an indirect production cost. Steel is direct material, commission is a selling cost, and head-office rent is an administrative cost.

4. A product sells for $36 per unit and has variable production and selling costs of $21 per unit. In a month, 1,200 units are sold and fixed costs are $9,000. What is the profit for the month using marginal costing?
  1. $18,000
  2. $27,000
  3. $9,000
  4. $15,000

Answer: C. $9,000

Contribution per unit is $36 − $21 = $15. Total contribution is 1,200 × $15 = $18,000, and profit is $18,000 − $9,000 fixed costs = $9,000.

5. A process receives 1,000 input units. Materials cost $8 per input unit and conversion costs total $1,000. Normal loss is 10% of input, with no scrap value, and there is no abnormal loss or gain. What is the cost per good unit of output?
  1. $9.00
  2. $10.00
  3. $8.90
  4. $11.00

Answer: B. $10.00

Total process cost is (1,000 × $8) + $1,000 = $9,000. Expected good output is 1,000 × 90% = 900 units, so cost per good unit is $9,000 ÷ 900 = $10.00.

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