Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Macroeconomics Expert

problem 1) Answer all the problems:

1) Describe the major characteristics of budgeting.

2) Describe the main objectives of performance budgeting.

3) Describe the difference between budget and business forecasting.

4) prepare a brief note on labour cost variance.

5) What do you mean by key factor? Give exs of some key factors.

problem 2) What do you understand by a business budget? Describe the objectives and nature of a budget.

problem 3) Discuss budgetary control. prepare down the importance and limitation of budgetary control.

problem 4) For the production of 10,000 electric automatic irons, the following are the budgeted expenses:

                                                                                                            Per unit Rs
Direct Material                                                                                                60   
Direct Labour                                                                                                 30   
Direct Expenses                                                                                              5
Variable Factory Overhead                                                                                25
Fixed Factory Overheads ( Rs. 1,50,000)                                                            15
Selling Expenses (10% fixed)                                                                             15   
Administration expenses (Rs. 50,000 fixed for all levels of production)                    5       
Distribution Expenses (20% fixed)                                                                       5
TOTAL COST                                                                                                    160

Prepare a budget for the production of 6,000, 7,000 and 8,000 irons showing distinctly the marginal cost and the total cost.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M94374

Have any Question? 


Related Questions in Macroeconomics

Write a one and half page paper single spaced in apa format

Write a one and half page paper, single spaced in APA format using at least 4 references about ( 2 of the references shouldn't be older than 10 years): Energy Trends for coal and natural gas (headline) a. Supply trends f ...

Consider a pure exchange economy with two individuals call

Consider a pure exchange economy with two individuals (call A and B) and two goods (called X and Y ). Individual A has 120 units of good Y but no good X, and A's utility function is given by UA(xA; yA) = ln xA +ln yA. In ...

The bible prohibits usury lev 25 it is one reason the

The Bible prohibits usury (Lev. 25). It is one reason the Catholic Church forbid banking to Christians for 1,000 years. However debt and the paying of interest is very common now. Is borrowing Biblically forbidden? What ...

A describe 2 positive feedback systems and 2 negative

a.) Describe 2 positive feedback systems and 2 negative feedback systems for global climate change. b.) If all of the ice in the Arctic Ocean were to melt, how high would global sea-level rise? If all the ice in Greenlan ...

Global staffingyour mnc is expanding its operations to

Global Staffing. Your MNC is expanding its operations to South America (Brazil, Argentina, Chile, or Columbia). The subsidiary in South America will be manufacturing automobile parts. As a human resource executive, you h ...

What are the determinants of population growth how do these

What are the determinants of population growth? How do these factors affect economic growth? What is your prediction for global population and what policies do you recommend?

Economics for international affairs assignmentplease answer

Economics for International Affairs Assignment Please answer five out of six questions. Q1. The Federal Reserve used an expansive monetary policy program called quantitative easing to deal with the financial crisis and p ...

What are the three types of mergers that firms can do

What are the three types of mergers that firms can do? Classify the following possible mergers between Starbucks and coffee growers, Bank of America and Fleet Bank, Microsoft and Steel company, Home Depot and Lowe's, int ...

A large country named h is considering an export subsidy to

A large country named H is considering an export subsidy to promote the industry that produces good X. The country's excess supply curve is P=2000+2X. The world's excess demand curve is P=5000-10X. a.) What is the equili ...

Would need in an hoursuppose the marginal social cost of

Would need in an hour. Suppose the marginal social cost of providing health care to a person is given by the equation 20+4Q. An individual's marginal benefit of health care is 300-Q. This individual has an insurance poli ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen