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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
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
