Question 13

The budget - that is a comprehensive financial plan for the next year of a business - is called a

A comprehensive budget

B capital budget

C master budget

D continuous budget

Question 14

With fixed costs of __________ a product has a contribution of 200-per-unit when 500 units are produced and a profit of 24,000 is made.

A Not possible to calculate

B 124,000

C 100,000

D 76,000