241
A company has credit purchases of $120,000 and average trade payables of $20,000. Approximate payable days using 365 days?
242
If output is 4,000 units and direct material cost is $3 per unit, what is total direct material cost?
243
A firm budgets sales of $80,000 but achieves $72,000. What is the sales variance in value?
244
A company spends $2,400 on materials for 600 units. What is the actual material cost per unit?
245
A machine is bought for $18,000 with residual value $3,000 and useful life 5 years. What is straight-line depreciation per year?
246
An invoice of $5,000 is subject to a hypothetical VAT rate of 18%. What is VAT on the invoice before any recoverability considerations?
247
Output VAT is $7,200 and recoverable input VAT is $4,850. What is net VAT payable?
248
A business's taxable profit is $100,000 and the hypothetical tax rate is 25%. What is tax before credits?
249
A business has 5 employees each earning gross monthly pay of $600. What is total gross payroll before deductions?
250