Q80 A Company manufactures and sells one product which requires 8 kg of raw material in its manufacture. Posted on:

Q78 The following statements relate to the participation of junior management in setting budgets: Posted on:

Q77 Using an interest rate of 10% per year the net present value (NPV) of a project has been correctly calculated as N50. Posted on:

Q76 A company always determines its order quantity for a raw material by using the Economic Order Quantity (EOQ) model. Posted on:

Q75 The following statements relate to the advantages that linear regression analysis has over the high low method in the analysis of cost behavior Posted on:

Q73 The purchase price of an item of inventory is N25 per unit. In each three month period the usage of the item is 20,000 units. Posted on:

Q70 Information relating to two processes (F and G) was as follows: Process Normal loss as Input Output . Posted on:

Q69 A company uses an overhead absorption rate of N3ยท50 per machine hour, based on 32,000 budgeted machine hours for the period Posted on: