BA2 Exam Question 36

Refer to the exhibit.

A company issued its production budget based on an anticipated output of 800 units. Actual output was 1,000 units. The details of the costs are shown below:
The total budget variance was:
  • BA2 Exam Question 37

    Which THREE of the following cost items would normally be classified as fixed costs?
  • BA2 Exam Question 38

    Which of the following is the LEAST appropriate basis on which to apportion the insurance costs of plant and machinery:
  • BA2 Exam Question 39

    Refer to the exhibit.

    The following information relates to Job 123:
    The selling price to the customer for Job 123 is:

    BA2 Exam Question 40

    Refer to the exhibit.

    A company has the following budgeted sales for the next 6 month period:
    Cash sales are 20% of the total and receive a cash discount of 5%. The remaining 80% of sales are on credit.
    60% of credit customers pay within one month, the remaining 40% pay within two months.
    The cash receipts for the month of July will be: