Ralph & Co. manufacture computer stands. The company prepares annual budgets and controls the results on a
Question:
Ralph & Co. manufacture computer stands. The company prepares annual budgets
and controls the results on a monthly basis. The following is the monthly budget
for December 2010 based on the production and sale of 1,600 units.
Sales
1,600 units
32,000
Direct materials: Plastic 25 per kg 6,000
Colourants 10 per litre 8,000
Direct labour Skilled 2.5 per hour 2,000
Unskilled 2 per hour 5,000
Fixed overheads
6,000 27,000
Budgeted profit
5,000
You are given the following information regarding the events that took place in
December 2010.
(i) During the month a total of 1,900 units were produced and sold for 36,500.
(ii) Material usage was:
(a) 155 kg plastic costing a total of 7,595 was used for production.
(b) 460 litres of colourants costing 9,200 was used during the month.
(iii) Skilled labour worked for 845 hours and cost a total of 2,197 while the
unskilled labour worked 2,375 hours at a cost of 5,225.
(iv) The total cost of the fixed overheads amounted to 5,980.
You are required to prepare the actual profit and loss account and compare the
achievement of the month against the budget. Indicate all variances.
1. In SAP S4/HANA, which order can produce meaningful BI outcomes?(Select the most appropriate option)
Group of answer choices
Dashboards --> Web Intelligence --> Analysis --> Crystal Reports --> BO Explorer
BO Explorer --> Analysis --> Crystal Reports --> Dashboards --> Web Intelligence
Analysis --> Crystal Report --> Dashboards --> BO Explorer --> Web Intelligence
Web Intelligence --> BO Explorer --> Crystal Reports --> Analysis --> Dashboards
BO Explorer --> Analysis --> Web Intelligence --> Dashboards --> Crystal Reports
2. Which statement is correct?(Select the most appropriate option)
In SAP S4/HANA:
Group of answer choices
Accounts receivable integrate Sales and Distribution (SD) and Materials Management (MM)
Accounts receivable integrate Sales and Distribution (SD) and Financial Accounting (FI)
Accounts payable integrate Sales and Distribution (SD) and Materials Management (MM)
Accounts payable integrate Sales and Distribution (SD) and Financial Accounting (FI)
Accounts receivable integrate Materials Management (MM) and Financial Accounting (FI)
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins