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REVISION QUESTIONS ACCT 321 MANAGERIAL ACCOUNTING BUSINESS AND ECONOMICS ACCOUNTING, FINANCE AND INVESTMENT
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Question One a) Distinguish between the “breakeven point” and the “cost indifference point” as used in cost volume profit C-ve analysis. (4mks) b) Outline the purpose of budgeting in an organization. (4mks) c) The following data related to the products activities of Mambo ltd for the financial year ended 31st December 2007: Unit cost (shs.)

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REVISION QUESTIONS ACCT 321 MANAGERIAL ACCOUNTING BUSINESS AND ECONOMICS ACCOUNTING, FINANCE AND INVESTMENT
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REVISION QUESTIONS ACCT 321 MANAGERIAL ACCOUNTING BUSINESS AND ECONOMICS ACCOUNTING, FINANCE AND INVESTMENT Question One a. Company manufactures a single product W. The summarized profitability statement for the year is as under; Sales 100, 000 units @ sh. 15 per unit 1, 500, 000 Cost of sales: Direct materials 300,000 Direct labor 200,000 Production Overhead; variable 60,000 Fixed 300,000 Administration overhead (fixed) 150,000 Selling and distribution overheads: v...

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