Question: answer 21 to 24 pls 21. Identify the correct statement: A. Financial accounting directly benefits the project manager within the company B. Management accounting is

answer 21 to 24 pls

21. Identify the correct statement: A. Financial accounting directly benefits the project manager within the company B. Management accounting is necessary to help prepare tax returns C. Management accounting concentrates on future income and expenditure D. Auditors are only concerned with financial accounting financial accounting For a particular project the following costs have been identified Materials 30000 Labour 40000 Direct machining costs 10000 Indirect materials costs 5000 Indirect labour costs 30000 Contribution to rent, insurance etc 5000 Use this data to answer the following three questions: 22. What is the direct cost? A. 70000 B. 80000 C. 85000 D. 115000 23. How large are the overheads? A. 5000 B. 35000 C. 40000 D. 80000 24. If a profit of 25000 is made, wh was the added value? A. 65000 D 7000

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