Question 81

In a manufacturing company, breakeven occurs at which TWO of the following?
  • Question 82

    The performance of a production manager is assessed on efficient use of materials during the production process.
    Actual data and data from the fixed budget for Month 4 are as follows:

    What figures should be compared in order to assess the production manager's performance for Month
    4?
  • Question 83

    Which of the following statements about total quality management are incorrect? Select ALL that apply.
  • Question 84

    An agricultural company uses activity based costing to charge overheads to its three products. One of the main activities is purchasing, budgeted details of which are as follows:
    Additional budgeted data:

    What is the budgeted purchasing overhead cost per kg of Product S?
    Give your answer to 2 decimal places.

    Question 85

    A company uses a standard costing system.
    The company's sales budget for the latest period includes 1,500 units of a product with a selling price of
    $400 per unit.
    The product has a budgeted contribution to sales ratio of 30%.
    Actual sales for the period were 1,630 units at a selling price of $390 per unit.
    The actual contribution to sales ratio was 28%.
    The sales volume contribution variance for the product for the latest period is: