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Problem 1: Rapid Company expects cash sales for July of sh.12,000 and a 20% monthly increase during August and September Credit sales of sh.4000 in July should be followed by 10% decrease during August and September, What are budgeted cash sales and budgeted Credit sales for September?
A sh.17280 and sh.3240
B sh.9600 and sh.4400
C sh.14400 and sh.4400
D sh.17280 and sh.4840
Problem 2: The regional sales coordinator of XYZ company has made a force plan to ensure that sales for the coming year are achieved. What type of planning?
A Strategic planning
B Tactical planning
C Operational planning
D Corporate planning
E None of the statements is true
Problem 3: Under absorption costing, the total cost of a product will include:
A Direct costs only
B Variable costs only
C All direct and indirect costs excluding a share of fixed overhead
D All direct and indirect costs
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