Refer to the exhibit.

RS operates a standard absorption costing system. The following data is available for the month of March.

The sales budget for the month of March was for 3,000 units to be sold giving sales revenue of $40,000.

The actual sales volume is

Refer to the exhibit.

A machine costing $47,000 will generate the following accounting profits:

The annual charge for depreciation is $9,000.

The cost of capital is 12%.

The net present value of the investment in the machine is:

Refer to the exhibit.

A company issued its production budget based on an anticipated output of 800 units. Actual output was 1000 units. The details of the costs are shown below:

The budget volume variance was:

Xter Ltd produces product 'PZ'. The forecast sales for the forthcoming year are 50,000 units.

It is anticipated that there will be 10,000 units of opening inventory at the beginning of the year. However, management wishes to reduce this inventory by 30% by the end of next year.

The production budget for the forthcoming year will be

LC produces a household detergent in a single process. Information for this process for last month is as follows:

(a) Materials input - 11,000 Litres at £2.00 per litre.

(b) Conversion costs - £23,000

(c) Output during the month - 8,000 litres.

(d) There were 2,000 units of closing work in progress which was complete as to materials and 35% complete as to conversion.

(e) Normal loss for the month was 5% of input and all losses have a scrap value of 50p per litre.

(f) There was no opening work in progress.

What was the value of the abnormal loss/gain during the month (to the nearest £)?

In responsibility accounting, costs and revenues are grouped according to:

The records of a manufacturing company show the following relationship between total cost and output.

The budgeted output for Period 3 is 27,000 units. Assume that previous cost behaviour patterns will continue.

What is the total budgeted cost for Period 3?

Give your answer in the nearest whole number.