A company has a budgeted sales of 2200 units. There are 1500 units of opening stock while the closing stock is planned to be 1800 units. What production is needed to satisfy sales? O a. 1900 units O b. 1800 units O c. 2400 units O d. 2500 units A negative balance of cash at the end of the budget period shows: O a. Surplus O b. Cash balance O c. Deficit O d. Loss Consider the following data for the month of January Closing stock Production Sales 80 290 330 Based on the data, the opening stock for January will be: O a. 580 O b. 140 O c. 120 O d. 540 The given table shows the wage expense of Amar Akbar LLC. If the delay in payment of wages is 1/5 months, the wage expense for the month of May will be: Month Wage expenses February 14,000 March 10,000 April 12,000 May 10,200 June 11,400 O a. RO 11,600 O b. RO 10560 O c. RO 11,640 O d. RO 10,400 The machine setup cost of a cost centre of Al Azmi LLC is RO 50,000. During the period there were total of 200 setups. If the product XXX-1 requires 20 setups, what would be the allocation of set up cost charged to the product XXX-1? O a. RO 50,000 O b. RO 5000 O c. RO 1000 O d. RO 10,000 Which among the following is a tool of management accounting? O a. All the options listed O b. Budgeting O c. Risk analysis O d. Responsibility accounting In systematic sampling, the population is 810 and the selected sample size is 90. The sampling interval is: O a. 900 O b. 90 O c. 810 O d. 9 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) Jan 125 125 Feb 150 200 March 175 250 If the delay in payment of wages is 14 month, which of the following statement is correct? O a. 1 is paid in the current month and remaining half in the next month Ob.1% of the current month is paid immediately and the balance in the next month O c. of the current month is paid immediately and 1/4 in the next month O d. Wage is paid at the end of the quarter The budget that is prepared when the level of activity for the budget period is unsure is: O a. Current budget O b. Fixed budget O c. Rolling budget O d. Flexible budget Given Production at 40% plant capacity is 400 units. The following information is furnished before you: Direct material Direct Labour Direct Expenses Factory Overheads (60% variable) RO 25 per unit RO 8 per unit RO 2 per unit 14,000 Administration expenses (60% fixed) 20,000 What will be the factory overhead cost per unit for production at 70% capacity? O a. RO 70 per unit O b. RO 29 per unit OCRO 21 per unit O d. RO 64 per unit A company has a budgeted sales of 2200 units. There are 1500 units of opening stock while the closing stock is planned to be 1800 units. What production is needed to satisfy sales? O a. 1900 units O b. 1800 units O c. 2400 units O d. 2500 units A negative balance of cash at the end of the budget period shows: O a. Surplus O b. Cash balance O c. Deficit O d. Loss A company has a budgeted sales of 2200 units. There are 1500 units of opening stock while the closing stock is planned to be 1800 units. What production is needed to satisfy sales? O a. 1900 units O b. 1800 units O c. 2400 units O d. 2500 units A negative balance of cash at the end of the budget period shows: O a. Surplus O b. Cash balance O c. Deficit O d. Loss 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) Jan Feb 125 125 150 200 175 250 March 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 O c. North 700 units RO 6300, South 750 units RO 6750 O d. North 450 units RO 4050, South 575 units RO 5175