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ScotlandAccountingQuick questions
Management Accounting
Quick questions on Decision making and relevant costing - SQA Advanced Higher Accounting
2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
A firm with spare capacity is offered GBP 22 per unit. Variable cost is GBP 16 and fixed costs are unchanged. Should it accept, and what is the contribution per unit?
What is q2?Show answer
Product P has contribution GBP 45 and uses 5 labour hours; product Q has contribution GBP 28 and uses 2 labour hours. Labour is the limiting factor. Which ranks first?
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