1. "In a firm with multiple products, volume-related revenue differences can arise in two ways. It is important for a manger to recognise and interpret sales mix and sales quantity variances together."

Discuss why managers are required to recognise and interpret sales mix and quantity variance together. It are required to use hypothetical numbers to clarify argument.

2.

"Organizations are becoming increasingly aware that environmental and social factors impact on the performance of their businesses. Good management will contribute to a more sustainable environment and society. As such, a much greater emphasis is placed on environmental management accounting."

Explain the rationales behind environmental management accounting (EMA) and describe some of the techniques that are used in EMA.