[noitiut]

Thank you so much Sir.

[noitiut]

Thank you Sir.
Sir, I haven’t studied F7. Do I have to have the knowledge of all the standards from F7 or does the knowledge from F3 suffice?

[noitiut]

thank you Sir.
Also, are those operating statements (which list the variances to show why the actual profit is different than the budgeted profit) distributed to budget holders?

[noitiut]

Sorry Sir. I found this question on a document which I came across on a group on telegram. There are no answers given in that document.

My answer would be process costing because I think the canned foods need to go through different stages such as fermentation, etc. but I also think its batch costing since the question says different canned foods are interchanged at regular intervals, they must set up the machines differently each time so its probably being produced in batches. I’m confused between these two.

[noitiut]

thank you so much for clearing my doubt Sir!

[noitiut]

which ans should i tick?
1. A only
2. both A and B
3. neither
4. B only

[noitiut]

thanks a lot John <3

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