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Management Accounting Sec: ALL 01

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Examples of producing departments include all of the following EXCEPT?

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Feedee Company has budgeted sales and production (in units) over the next three months as follows:

 

January

February

March

Sales

50 000

?

80 000

Production

52 000

64 000

78 000

There are 10 000 units on hand on January 1. A minimum of 20 per cent of the next month's sales in units must be on hand at the end of each month. April sales are expected to be 70 000. Budgeted sales for February would be?

 

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Cost-volume-profit models assume that?

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Adams Ltd. rents a truck for a flat fee plus an additional charge per mile. What type of cost is the rent?

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Which of the following is usually prepared before the production budget?

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Sunk costs are?

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Assuming all other things are the same, selling price per unit must have ____ if there was a decrease in the break-even point?

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A supervisor's salary of £2 000 per month is an example of a?

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An unfavourable materials price variance may be caused by?

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