21.A forecast is notSingle choice.

(1 Point)

a prediction of future events

a budget

based on expert opinion

based on extrapolation of past data

22.A product has a selling price of Rs 150 and a variable cost of Rs 70. Sales for June are 10,000 units and fixed costs for June are Rs 400,000. What is the profit for June?Single choice.

(1 Point)

Rs 400,000

Rs 200,000

Rs 250,000

23.ABC company is merchandising company. its last month cost of goods sold was Rs6,000. The company's beginning merchandise inventory was Rs 2,000 and its ending merchandise inventory was Rs 1,000. What was the total amount of the company's merchandise purchases for the month?Single choice.

(1 Point)

Rs 5,000

Rs 6000

Rs 5,500