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PLEASE CAN SOME ANSWER THIS QUESTION I ONLY HAVE 30 MINUTES TO DO IT QUESTION 1 (20 MARKS: 48 MINUTES) A. The year 2019 witnessed
PLEASE CAN SOME ANSWER THIS QUESTION I ONLY HAVE 30 MINUTES TO DO IT
QUESTION 1 (20 MARKS: 48 MINUTES) A. The year 2019 witnessed the spread of the coronavirus (Covid-19) worldwide. Many businesses especially small and medium enterprises were severely affected and collapsed due to inability to sustain their businesses. The impact of Covid-19 on the economy turned out to be devastating. To maintain the sustainability of the company during Covid-19, good management is really required. Management must coordinate all available resources efficiently and effectively and make managerial decisions to support the goal of the company which is to maximize profit. Managing the company's resources is very important to accelerate the company's profitability. This is where Cost-Volume-Profit (CVP) analysis comes into picture since CVP analysis is a useful tool for managers in making business decisions. REQUIRED: Discuss FOUR (4) ways how CVP analysis can assist managers to sustain their businesses during pandemic Covid-19. (10 Marks) B. Nano Sdn Bhd (NSB) manufactures two (2) products called SA1 and RA2. Below are the budgeted sales for the month of January, 2021. SA1 RA2 Budgeted sales (unit) 3,200 2,400 Price per unit (RM) 50 75 Opening inventory (unit) 1,200 1,800 Desired closing inventory (unit) 1,320 1,980 There are two (2) types of material used in the production which are MAT A and MAT B. The following is the information related to material for the month of January, 2021: MATA MATB Opening inventory (unit) 2,000 1,950 Desired closing inventory (unit) 10% of the production requirements for the month Price per kg (RM) 4.00 5.00 Material used per unit: SA1 3 kg RA2 2 kg 5 kg 3 kg REQUIRED: Prepare the following budgets for the month of January 2021: (a) Production budget (b) Material required for production in quantities (c) Material purchase budget 1Step by Step Solution
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