Page 308 - BA2 Integrated Workbook STUDENT 2018
P. 308
Fundamentals of Management Accounting
12.4 The probability that a randomly selected unqualified employee will work in
location A or B would be 62.5%.
It is best to show the detail on a table. Put in what you are given from the
question (the figures in bold) and fill in the blanks.
A B C Total
Qualified 26 29 24 79
Not qualified 11 9 12 32
––– ––– ––– –––
Total 37 38 36 111
––– ––– ––– –––
There are 32 unqualified members of staff, 20 if these work in locations A or B,
so the probability that a randomly selected unqualified employee will work in
location A or B would be 20 out of 32. So the probability is 20 ÷ 32 = 0.625 or
62.5%.
CHAPTER 13 – SHORT-TERM DECISION MAKING
13.1 A
Fixed costs: $
Fixed overheads 120,000
Selling and distribution* 140,000
Administration 80,000
–––––––
340,000
–––––––
* Fixed selling and distribution costs = $160,000 – (10,000 × $2) = $140,000
Contribution = selling price – variable costs
= $129 – ($12 − $35 − $40 − $2) = $40
Fixed costs
Breakeven point = ——–––––————
Contribution per unit
340,000
= ———— = 8,500 units
40
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