A company sells two products, X and Y, which are always sold in the same ratio.
No inventories are held.
The following budgeted data relate to month 10:

What is the budgeted margin of safety in month 10?

A manager must select one of three projects, W, X or Y.
The following payoff table has been prepared to show the outcomes in $000 at three possible levels of demand:

The manager is now preparing a regret matrix.
What figure (in $000) will be shown for Project Y in the regret matrix if the average demand arises?

A master budget comprises which of the following?

A company's budgeted data for the period are shown in the table below.

There is a stepped increase in fixed overheads of $10,000 when production exceeds 52,000 units.
Actual production for the period was 60,000 units.
What is the flexed budgeted cost for the period?
Give your answer as a whole number (in '000s).

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