Question 71

Which of the following statements is true?
  • Question 72

    CH is a building supplies company that sells products to trade and private customers.
    Budget data for each of the six months to March are given below:

    80% of the value of credit sales is received in the month after sale, 10% two months after sale and 8% three months after sale. The balance is written off as a bad debt.
    75% of the value of credit purchases is paid in the month after purchase and the remaining 25% is paid two months after purchase.
    All other operating costs are paid in the month they are incurred.
    CH has placed an order for four new forklift trucks that will cost $25,000 each. The scheduled payment date is in February.
    The cash balance at 1 January is estimated to be $15,000.
    Prepare a cash budget for each of the THREE months of January, February and March.
    Select All the correct answers.
  • Question 73

    Which of the following are examples of feedforward control?
    Select ALL that apply.
  • Question 74

    JRL manufactures two products from different combinations of the same resources. Unit selling prices and unit cost details for each product are as follows:

    Identify, using graphical linear programming, the weekly production schedule for products J and L that will maximize the profits of JRL during the next four weeks.
  • Question 75

    FG Enterprises manufactures and sells three products. There are 4,400 kg of Material X available in the next period. Material X is used in the manufacture of all three products. The following data is available for the next period.

    What is the optimal production plan for the next period in order to maximise profit?
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