Q2. What are Non-routine Operating Decisions? Examine any one non-routine operating decision with suitable example and discuss what quantitative and qualitative factors should be considered in making such decision?

Answer:

Q3. ABC Ltd. is preparing a budget for 2015. Following are the information related with budget preparation:

Budgeted selling price per unit = $150 per unit

Total fixed costs = $80,000

Variable costs = $50 per unit

Required:

Prepare flexible budget for 1,200, 1,400, 1,600 and 1,800 units.

Answer: