A company's initial budget for month 3 includes sales of $100,000, a contribution to sales (C/S) ratio of
40% and fixed costs of $20,000.
If the budgeted sales volume in month 3 is reduced by 5% but contribution per unit, total fixed costs and sales mix are unchanged, which of the following statements, about the change to the budgeted profit or contribution in month 3 is true?

Which of the following managers is most likely to be responsible for an favourable labour efficiency variance?

QR uses an activity based budgeting (ABB) system to budget product costs. It manufactures two products, product Q and product R. The budget details for these two products for the forthcoming period are as follows:

The total budgeted cost of setting up the machines is $74,400.
What was the budgeted machine set up cost per unit of product Q?

A company operates a customer complaints department.
How will the cost of the customer complaints department be classified in a system focussed on quality related costs?

A time series (TS) is made up of two main components i.e. trend (T) and the seasonal variation (SV).
Which TWO of the following could be used to find the seasonal component of a trend?