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Answer Posted / tanveer meer
Revenue is the total amount recieved by a company in the financial year. i-e. Total income of the company can be calculated by the subtraction of total expences from the revenue.
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For the production of 10,000 units the following are the budgeting expenses: Per Unit Rs. Direct materials 60 Direct labour 30 Variable overhead 25 Fixed overhead (Rs.1,50,000) 15 Selling expenses (10% fixed) 15 Variable expenses (direct) 5 Administrative expenses (Rs.50,000 fixed) 5 Distribution expenses (20% fixed) 5 Total cost of sales per unit 160 Prepare the flexible budget for the production of 6,000 , 7,000 ,and 8,000 units of production
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Expand-------IETF
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Expand--------TOS
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Please do tell me about the questions which are asked at BACS FINAL ROUND.
