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A company has budgeted to produce 5,000 units of Product B per month. The opening and closing inventories of Product B for next month are budgeted to be 400 units and 900 units respectively. The budgeted selling price and variable production costs per unit for Product B are as follows:
Total budgeted fixed production overheads are $29,500 per month. The company absorbs fixed production overheads on the basis of the budgeted number of units produced. The budgeted profit for Product B for next month, using absorption costing, is $20,700.
Prepare a marginal costing statement which shows the budgeted profit for Product B for next month.
What was the difference between the profit calculation using marginal costing and the profit calculation using absorption costing?
A. $2870
B. $2750
C. $3610
D. $2950
E. $3010
Answer: D
Explanation:
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-103-21/
A. Option D
B. Option C
C. Option B
D. Option A
Answer: A,B
You are managing an Oracle Database 11g database. You configured the database to run in ARCHIVELOG mode.
Which two statements are true in this scenario? (Choose two.)
A. You must configure the Flash Recovery Area (FRA) for the database.
B. All the previous closed database backups including control files become invalid afteryou configure the database to ARCHIVELOG mode.
C. You can perform complete database backups without closing the database.
D. You must shut down the database instance to perform the backups.
Answer: B,C
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