1.
Please note that my answer may not be correct. Please number answers, and I appreciate your
time.
Thank you
Solution
As per chegg guidelines we answer 1 question per post. But I have answerted 7 questions in one
post. Kindly post the remaining questions in next post Q1 c) Expected future revenue or it differs
among aletrnatives Q2 c) relevant quantitative factors Q3 c cost behavious patterns Q4 B
77,000 This is because if she starts ice cream shop and then they have to forego annual salary
which is 77,000 Q5 b Participative Q6 A output from operating budget is used to prepare
financial budget Functional budgets are based for master budget. Preparation of master budget is
not possible without preparing functional budgets Q7 A $12,000 Particulars Amount Collection
76,000.00 Cash Paid (42,000.00) Operating expenses (17,000.00)
Purchase of furniture (5,000.00) Net cash receipts & Disbursements
12,000.00