c and d

C. Explain how variance analysis may assist management in decision making. D. Explain the types of budgets and their role in decision making process. Question #02 Marks :10 (3+3+4) A cycle tyre manufacturing company has been approached by a large shopkeeper to buy 10,000 tyres at Rs 32 each. Delivery must be made within 30 days. The production capacity of the company is 64,000 units per month and there is inventory of 2,000