***NOTE : please don't answer the questions by hand write ... thank you

Question 1- 10 marks Bbudgeting can be seen as a process of planning, monitoring and control. Explain the benefits of budgeting ( 10 marks) Question 2-40 marks non- Sanyo Company produces programmable and programmable calculators and operates at capacity. The following data are presented for your use: Programmable Non-programmable Annual production in units 50.000 100.000 Direct materials costs $ 150,000 $ 300,000 Direct manufacturing labor $50,000 $100,000 costs Direct manufacturing labor 2500 5000 hours Machine hours 25,000 50,000 Number of production runs-50 50 set-ups Inspection hours 1000 500 Manufacturing overheads are as follows: Overhead cost pool both products Total for Machining costs $375,000 Setup costs 120,000 Inspection costs 105,000 Required 1-Choose a cost driver for each overhead cost pool and calculate the manufacturing overhead cost per unit for each product (20 marks) 2-Compute the manufacturing cost per unit for each product.(15 marks) 3-How does the activity based costing system help Sanyo's managers to better manage their business.(5 marks) Question 3-10 marks What are the factors that shape the culture of an organization? (4 marks) Explain briefly the four models of culture according to Handy (6 marks) Question 4-40 marks Assume you have a product with the following parameters: Annual demand= 360 units Holding cost per year = 1 $ per unit Ordering cost = $ 100 per order Requirement: 1-What is the EOQ for this product ( 7.5 marks) ?. 2- What is the total holding and ordering costs ( 7.5 marks)? 3-Given the above data , how many orders should be processed per year ( 5 marks) ? Assuming a 300 day work what is the expected time (days) between orders ( 5 marks)? 4-Based on the information from 1 to 3 above, what would the actual total holding and ordering costs be if the annual demand was actually higher than estimated i.e 500 units instead of 360 units, but the EOQ established in question 1 above is used ( 10 marks)? 5-If demand for an item is 3 units per day, and delivery lead time is 15 days , what would be the re-order point ( 5 marks)