Question: Question 1- 10 marks Budgeting can be seen as a process of planning, monitoring and control. Explain the benefits of budgeting (10 marks) Question 2-40

 Question 1- 10 marks Budgeting can be seen as a process

Question 1- 10 marks Budgeting can be seen as a process of planning, monitoring and control. Explain the benefits of budgeting (10 marks) Question 2-40 marks Sanyo Company produces programmable and non-programmable calculators and operates at capacity. The following data are presented for your use: Non-programmable 100,000 STORE Programmable Amal production in units Direct material costs S 150.000 Direct manufacturing labor 50.000 cos Direct manufacturing labor 2500 hours Machine-hows 23.000 Number of production runs- 3000 SOLO Inspection hours 1000 Manufacturing overhead are as follows: Overhead cost pool Machining costs Setup costs Inspection Co Total for both products S 375.000 105.CO Required 1-Choose a cost driver for each overhead cost pool and cakculate the manufacturing overhead cost per unit for each product (20 marks) 2-Compute the manufacturing cost per unit for each product 15 marks) 3-How does the activity-based costing system help Sanyo's managers to better manage their business marks)

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