Answer Happy

Grotre ple budgets to make and sell 80,000 units of its product each period. The standard contribution per unit is £8. The following Adverse (A) and Favourable (F) variances were reported for the latest period. Variance Sales volume Sales price Material total Labour total Variable overhead total Fixed overhead expenditure 42,400 (A) 7,310 (F) 7,720 6,450 (F) (A) (A) (F) The budgeted fixed overhead expenditure for the period was £200,000. What was the actual contribution for the period? OA. £401,930 OB. £410,810 OC. £469,190 OD. £601,930 4,250 8,880
Which one of the following is not a benefit if a small business chooses to use cloud accounting? OA. Data security is usually improved OB. Upfront investment costs are reduced OC Back-ups are managed by the supplier OD. Software updates are managed locally by data users
When comparing internal Rate of Return (IRR) and Net Present Value (NPV) investment appraisal techniques, which statement is true? OA IRR and NPV will both always give the same acceptreject decision regardless of the pattern of future cash flown OB NPV is easier to calculate than IRR but is technically inferior OC Variable discount rates can easily be incorporated into NPV calculations but this is not the case when using IRR OD. IRR is technically superior to NPV but is harder to calculate