29 Not yet answered Marked out of 1.00 Flag question Which among the following costs can be directly traced to the product? O a. Telephone rent O b. Electricity Expense c. Raw material cost O d. Office rent Question 30 Not yet answered Marked out of 1.00 Flag question If a company normally expects a mark-up on cost of 50% and estimates that a new product will sell successfully at a price of RO 15, then the maximum cost of production should be: O a. RO 7.5 O b. RO 10 Oc. RO 20 O d. RO 5 Question 27 Not yet answered Marked out of 1.00 Which one of the following budgets should be produced first? O a. Production budget O b. Sales budget Flag question Oc Master budget O. d. Purchases budget Question 28 Not yet answered Marked out of 1.00 Flag question Lottery method is an example of: Oa. Multi-stage sampling Ob. Systematic random sampling O c. Simple random sampling O d. Cluster sampling Question 31 Not yet answered Marked out of 1.00 Budget prepared for operating activities is prepared: O a. Once in five years O b. Weekly Flag question Oc. Annually O d. Monthly Question 32 Not yet answered Marked out of 1.00 Flag question Currency up to date' relates to which among the following information attributes? O a. Content related attribute O b. None of the options Oc. Time related attribute Od. Form related attribute Question 35 Not yet answered Marked out of 1.00 Maryam LLC has two sales territories, North and South. Each salesman is expected to sell the following number of units during the first quarter of 2019. Assume the average selling price is RO 9 Month North South (units) (units) Flag question Jan 125 125 Feb 150 200 March 175 250 The budgeted sales quantity and value at the end of the quarter is: O a. North 450 units RO 4500, South 650 units RO 5850 O b. North 600 units RO 5400, South 675 units RO 6075 Oc. North 450 units RO 4050, South 575 units RO 5175 O d. North 700 units RO 6300, South 750 units RO 6750