Question: Q1. Examine with suitable examples, how Vision and Mission statement influence the organizations decision making process? Also provide vision and mission statement of any two
Q1. Examine with suitable examples, how Vision and Mission statement influence the organizations decision making process? Also provide vision and mission statement of any two Saudi companies?
Q2.
The following data has been taken from the records of ABC Company for the year 2015: (1 Marks)
| Month | Units Produced | Total Cost (SAR) |
| January | 3,500 | 35,500 |
| February | 3,750 | 35,750 |
| March | 4,000 | 36,000 |
| April | 4,250 | 36,250 |
| May | 4,500 | 38,000 |
| June | 4,750 | 43,000 |
| July | 2,750 | 32,000 |
| August | 3,250 | 32,500 |
Required:
Using the high-low method of analysis, find out variable cost, fixed cost and determine a cost function.
Q3. MNM Corporation provides you the following accounting information related with a particular product: (1.5 Marks)
| Particulars | Amount (SAR) |
| Selling price per unit | 500 |
| Variable cost per unit | 200 |
| Total fixed cost | 240,000 |
Use cost volume profit analysis to answer the following questions:
- Determine the break-even point in units?
- Determine the break-even point in sales value SAR?
- What will be the pretax profit if company sells 1,200 units of the product?
- How many units the company will be required to sell to reach a target pretax profit of SAR 150,000?
Please complete the answer and answer to be writing
Q3. MNM Corporation provides you the following accounting information related with a particular produ Marks) Particulars Amount (SAR) Selling price per unit 500 Variable cost per unit 200 Total fixed cost 240,000 Use cost volume profit analysis to answer the following questions: a. Determine the break-even point in units? b. Determine the break-even point in sales value SAR? c. What will be the pretax profit if company sells 1,200 units of the product? d. How many units the company will be required to sell to reach a target pretax profit of SAR 150,000? Please complete the answer and answer to be writing
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