Page 283 - BA2 Integrated Workbook STUDENT 2018
P. 283
Supplementary objective test questions
Questions 6.2 and 6.3 are based on the following budgeted information for
Product M:
October November December
units units units
Sales 500 450 520
Finished goods:
Opening inventory 100 120 150
Closing inventory 120 150 130
Chemical X:
Opening inventory 40 50 60
Closing inventory 50 60 50
Each unit of Product M requires 2 litres of chemical X and each litre of chemical X
costs $3.50.
6.2 The budgeted number of units to be produced in November is:
A 440
B 480
C 520
D 560
6.3 The value of chemical X to be purchased in October is budgeted to be:
A $1,050
B $1,820
C $3,640
D $3,675
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