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NEW QUESTION: 1
LM operates a parcel delivery service. Last year its employees delivered 15,120 parcels and travelled 120,960 kilometers. Total costs were $194,400.
LM has estimated that 70% of its total costs are variable with activity and that 60% of these costs vary with the number of parcels and the remainder vary with the distance travelled.
LM is preparing its budget for the forthcoming year using an incremental budgeting approach and has produced the following estimates:
* All costs will be 3% higher than the previous year due to inflation
* Efficiency will remain unchanged
* A total of 18,360 parcels will be delivered and 128,800 kilometers will be travelled.
Calculate the following costs to be included in the forthcoming year's budget:
(i) the total variable costs related to the number of parcels delivered.
(ii) the total variable costs related to the distance travelled.
A. Parcel related cost for next year = $112,118; Distance related costs for next year = $59,699
B. Parcel related cost for next year = $105,306; Distance related costs for next year = $30,590
C. Parcel related cost for next year = $112,308; Distance related costs for next year = $79,590
D. Parcel related cost for next year = $109,118; Distance related costs for next year = $89,699
E. Parcel related cost for next year = $115,306; Distance related costs for next year = $31,590
Answer: A
Explanation:
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-104-29/
NEW QUESTION: 2
Which of the following backup methods is MOST appropriate when storage space is limited?
A. Full backups
B. Incremental backups
C. Annual backups
D. Differential backups
Answer: D
NEW QUESTION: 3
Welche der folgenden Felder sind erforderlich, um eine Kostenstelle im Management Accounting (CO) zu erstellen? (Wähle zwei)
A. Beschreibung
B. Benutzer verantwortlich
C. Hierarchiebereich
D. Buchungskreis
Answer: C,D
NEW QUESTION: 4
Drag and drop the IPv6 multicast feature or protocol on the left to the correct address space on the right.
Select and Place:
Answer:
Explanation:
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