PCR Budgeted Operating System

System
System Posts: 100,534 🤖 Admin 🤖
Task 1.4 c of the Dec 05 paper asks you to perform a budgeted operating statement showing total contribution per product. It includes total turnover, opening stock sold, and goods production sold.


Task 1.1 i of the June 05 paper both ask to perform the same question and includes the same details but also less closing stocks.
Why????

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PCR Budgeted Operating System

    I haven't looked at the papers, even though I sat the Dec 05 paper, but it sounds like one could be marginal based (where overheads are based on the time period) and one is absorption based (where overheads are absorbed into each item produced).

    Could this be of some help?
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