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Question 8 5 Points Calculate the Margin of Safety as a percentage. Round your answer to the nearest whole percentage. Do NOT include a %

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Question 8 5 Points Calculate the Margin of Safety as a percentage. Round your answer to the nearest whole percentage. Do NOT include a % sign in your answer. Blank 1 Blank 1 Add your answer Question 9 6 Points 6 Re-calculate the Margin of Safety as a percentage if fixed overheads increased to 4,000. Give your answer to the nearest whole percentage. Do NOT include a percentage sign in your answer. Blank 1 Blank 1 1 Add your answer Question 10 3 Points Which of the below is NOT listed as one of the 5 main benefits of budgeting by Atrill & McLaney? A Provides the basis for a system of control Helps to co-ordinate the various sections of the business Ensures there is adequate cash to pay executive bonuses D Motivates managers to better performance Question 4 4 Points The following information relates to Questions 4 to 9. Mug Ltd manufactures ceramic mugs that feature the logos of various football clubs. In April, it plans to produce and sell 2,000 mugs. Each mug includes: Direct Materials - 0.70 per mug Direct Labour - 2.35 per mug Variable Overheads - 0.50 per mug Each mug is sold for 6. Fixed Overheads for the month are planned to be 2,500. Calculate the total planned Contribution for all 2,000 mugs under Variable Costing

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