Quelpr
3 marksBudgets and Budgetary Control

CAPE Management of Business Unit 1 · 2013 · Paper 2 · Question 5(a)(ii)

A sugar cultivation business is experiencing cash flow problems and has provided overhead budget and actual figures.

Calculate the variances for EACH department at Sugarary Producers Ltd.

This question uses a figure or table from the paper — you'll see it when you practise.

The mark scheme is shown once you've answered.

Practise this question

Other parts of this question

  1. 5(a)(i)Define the term 'variance'.[2 marks]
  2. 5(a)(iii)State what EACH variance calculated in (a)(ii) indicates about the performance of the company.[3 marks]
  3. 5(b)(i)Define the term 'budget'.[2 marks]
  4. 5(b)(ii)State THREE reasons why it is important for Sugarary Producers to construct a budget.[3 marks]
  5. 5(c)Discuss THREE options that can be considered in order to improve the company's cash flow management.[12 marks]

More practice: the rest of this paper · more Budgets and Budgetary Control questions · all CAPE Management of Business Unit 1 past papers