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I need the answer in a text and not hand written Answer the following Questions: 1. Write a brief note on Managerial Accounting (its features,
I need the answer in a text and not hand written
Answer the following Questions: 1. Write a brief note on Managerial Accounting (its features, advantages and disadvantages) 2. Sales - 6400 dhs, Variable Cost - 2000 dhs , Fixed Cost - 1000 dhs. What is the contribution and profit? 3. Write a brief note on Cost Volume Profit Analysis. 4. What do you mean by Cost Behaviour? How is it classified? 5. The following information relates to Sultan LLC for the year 2020 -21. Sales 25,000 units @ 25 dhs each - 625,000 dhs Variable Cost @ 10 dhs each - 250,000 dhs Fixed Cost - 65,000 dhs 1. Calculate a PN Ratio b. Break-Even sales c. Margin of safety d. Margin of Safety Ratio II. Suppose the company has reduced the selling price by 13 %. Find out the new PN Ratio, Break-Even Sales, Margin of Safety and Margin of Safety ratio. III. Find out the sales to be achieved to get the same amount of profit with the reduced selling price. 6. What do you mean by Budget? 7. List the essentials for a Budget preparationStep by Step Solution
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