Management Accounting

The scare factors is also known as

• Key factor

• Abnormal factor

• Linking factor

• None of the above

While preparing sales budget, which of the following factors are considered

• Non-operational factors

• Environmental factors

• Both a and b

• None of the above

Given the budgeted output in second quarter is 8,000 units. In the first quarter, Fixed overheads were Rs 40,000 Variable overheads were Rs 5 per unit ( Rs 40,000) and semi variable were 20,000 ( 60% varying @ Rs 3 per unit). Determine the total manufacturing overhead budget for the second quarter.

a.

b.

c.

d.

• Rs 1,12,000

• 1,12,000 units

• Insufficient data

• None of the above

A budgeting process which demands each manager to justify his entire budget in detail from beginning is

a.

b.

c.

d.

• Functional budget

• Master budget

• Zero base budgeting

• None of the above

_______ provides an estimate of the capital amount that may be required for buying fixed assets needed for meeting production requirements.

• Production budget

• Cash budget

• Capital expenditure budget

• None of the above