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plz answer 4 of them 1 points QUESTION 25 What is the primary difference between a static budget and a flexible budget (1 mark)? The

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1 points QUESTION 25 What is the primary difference between a static budget and a flexible budget (1 mark)? The static budget contains only fixed costs, while the flexible budget contains only variable costs. The static budget is adjusted for different activity levels, while a flexible budget is prepared for a single level of activity. Both the static budget and the flexible budget are adjusted for different activity levels. d. The static budget is prepared for a single level of activity, while a flexible budget is adjusted for different activity levels. 1 points QUESTION 26 Which of the following is unlikely to use management accounting information (1 mark)? A management accounting controller. b. A production manager. A finishing department supervisor. d. A shareholder evaluating firm performance, QUESTION 27 Which of the following points about the Activity-based costing (ABC) system is NOT a correct observation (1 mark): Batch -level activities produce costs that may be in proportion to the number of units produced b. Activities are considered resource drivers because they eat up resources necessary for the activities to happen. ABC may generate results that are not suitable for external reporting under IFRS/GAAP. d. Under ABC the unit cost of a product will necessary be less than the unit cost under traditional full (absorption) costing. QUESTION 28 Answer questions 49 & so using the information below: Whilewells Ltd had at the beginning of 2014 a work in progress of 5.000 units. During 2014,65.000 additional units were started into production. Ending work in progress on 31st December, 2014, was 12,000 units. The beginning work in progress was 100% complete as to direct materials and 50% complete as to conversion costs The ending work in progress was 100% complete as to direct materials and 80x complete as to conversion costs. Total direct materials put into work in progress cost 77,500 Total conversion costs put into process costs were 2105,375. Beginning work in progress cost 233,500, of which 220.250 was for materials and 213 250 for conversion. All materials are added at the start of the production process, and conversion costs are incurred uniformly throughout manufacturing whilewells Ltd uses a weighted-average process cost system. The cost per equivalent unit for direct materials costs and the cost per equivalent unit for conversion costs for 2014 were (2 marks) 1.757 . 1.237 2.126 d. BOB 1.sos

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