ACCA Management Accounting (F2) Certification Practice Exam

To determine the amount of materials issued during March, it's essential to analyze the control account for materials, which typically reflects the total movements in the materials inventory. This account includes both purchases and issues of materials.

When evaluating the options given, the correct amount of $12,000 for materials issued could be derived from a calculation that considers both the total purchases made during March and the ending balance of the materials inventory.

If we suppose that the control account showed total purchases of materials during March, along with the balance at the end of the period, the amount issued can be calculated by applying the formula:

Materials Issued = Total Purchases - Ending Inventory Balance

Arriving at $12,000 suggests that this amount effectively reflects the net transactions that took place within the month after considering all received materials.

The other options represent amounts that may have been derived from miscalculating the figures or misinterpreting the data in the control account, demonstrating an understanding of the need to deduce the correct figure from the relationship between purchases and ending inventory. This highlights the importance of strong comprehension of inventory movements in management accounting to ascertain accurate financial reporting.