Refer to the exhibit.

The following costs apply to batch 325, which consists of 10000 units of identical products:
The company charges selling and administration costs at a rate of 20% of production costs and wishes to achieve a profit margin of 20% of sales.
What is the required selling price per unit of product?
Give your answer to 2 decimal places.

Refer to the exhibit.

Budget information for 'Crome Ltd' is as follows:
The budgeted cost allowance for the sale of 1000 units would be:

In a company that manufactures many different products on the same production line, which TWO of the following would NOT be classified as indirect production costs?

The Chartered Institute of Management Accounting's definition of management accounting outlines four responsibilities of the accountant in terms of the value for the stakeholders. The management accountant should aim to have which of the following effects according to CIMA?

Refer to the exhibit.

A departmental budgetary control report for the latest period includes the following information.
The budgeted variable production cost per unit is