REVISION QUESTIONS ACCT 321 MANAGERIAL ACCOUNTING BUSINESS AND ECONOMICS ACCOUNTING, FINANCE AND INVESTMENT 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.) Direct materials 22.50 D...

REVISION QUESTIONS ACCT 321 MANAGERIAL ACCOUNTING BUSINESS AND ECONOMICS ACCOUNTING, FINANCE AND INVESTMENT Question One a. Maridadi Company Limited manufactures plastic egg trays. The company estimates to sell 20,000 units of egg trays with an average unit of cost of Sh. Direct material 30 Direct labor 10 Overhead: fixed 10 Variable 10 60 The management accountant is preparing a budget for the next financial year Additional Information i) Due to prevailing economic conditi...

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...

REVISION QUESTIONS ACCT 321 MANAGERIAL ACCOUNTING BUSINESS AND ECONOMICS ACCOUNTING, FINANCE AND INVESTMENT Question One a. List five assumptions of Break even points (5 marks) b. Discuss any three uses of the break even points (3 marks) c. A company produced 10 units and only sold 8,500 units. The selling price per unit issh.20 while the costs per unit are Variable selling costs sh.2 Variable administrative sh.2 Direct materials sh.2 Direct labor sh.3 Fixed Costs Production sh.15,0...

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.)

Book: Corporate Finance and Investment: decision and strategies by Richard Pike and Bill Neale Summary: Chapter 2

Book: Corporate Finance and Investment: decision and strategies by Richard Pike and Bill Neale Summary: Chapter 6

Book: Corporate Finance and Investment: decision and strategies by Richard Pike and Bill Neale Summary: Chapter 1

Book: Corporate Finance and Investment: decision and strategies by Richard Pike and Bill Neale Summary: Chapter 11

Book: Corporate Finance and Investment: decision and strategies by Richard Pike and Bill Neale Summary: Chapter 10