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Diana02

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  • June 22, 2022 at 1:41 pm #659118
    9a11eb60c43cd7a067e66abb715085e1b7b0267e4770f0f5945a916829e9aa27 80Diana02
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    Thank you

    June 22, 2022 at 9:30 am #659101
    9a11eb60c43cd7a067e66abb715085e1b7b0267e4770f0f5945a916829e9aa27 80Diana02
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    2. The following information relates to a manufacturing company for next period:
    Units $
    Production 24,000 Fixed production costs 480,000
    Sales 25,000 Fixed selling costs 50,000
    Using absorption costing, the budgeted loss for next period is $30,000.
    What would be the budgeted loss for next period using marginal costing?
    a. $52,000
    b. $10,000
    c. $50,000
    d. $8,000

    My answer is B.
    480000/24000=20
    20*1000=20000
    30000-20000=10000

    June 22, 2022 at 9:21 am #659099
    9a11eb60c43cd7a067e66abb715085e1b7b0267e4770f0f5945a916829e9aa27 80Diana02
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    Can you check my answers?
    1. Which of the following statements about non-financial measures are true?

    (I) Non-financial measures can be useful for indicating future financial performance

    (II) Non-financial measures may help to prevent short termism

    a.. Both statments are false
    b. Statement 1 is true and statement 2 is false
    c. Both statements are true
    d. Statement 1 is false and statement 2 is true

    I think it is B

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