Relationships Most relevant equation used in Ch. 5 Cost Volume-s SECTION B: Short coay & Case studies Qs (50s X3 marks 15 marks): 1) What are the three common approaches for assigning overheat costs to produc CASIO PLUS 2) What is meant by the term responsibility accounting? CM wahleng Fatio 102 les co atta 3) PMU Corporation makes one product to atta safety Budgeted unit sales April 8,400 May 8,700 June 12,600 July of s 13,100 Each unit of finished goods requires 4 pounds of raw materials. The ending finished goods inventory equals 10% of the following month's sales. The ending raw materials inventory equals 40% of the following month's raw materials production needs. If 50,600 pounds of raw materials are required for production in June, prepare the budgeted raw material purchases for May: ree CAL