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A business owner purchased a delivery vehicle and made these payments:
| Item | Amount ($) |
|---|---|
| Delivery vehicle purchase price | 28,000 |
| Fitting shelves inside the vehicle | 3,000 |
| Painting business logo on the vehicle | 2,000 |
What was the total capital expenditure?
Option C ($31,000) is correct.
Capital expenditure includes costs that bring a non-current asset into use or improve its capacity:
- Vehicle purchase price: $28,000
- Fitting shelves (improves functionality): $3,000
Total CapEx = $31,000
Painting the logo ($2,000) is revenue expenditure β a marketing cost that does not add to the asset's useful life.
Horizontal curriculum organization refers to the arrangement of content across subjects or disciplines at the same grade level — coordinating what is taught simultaneously. Vertical organization refers to the sequencing of content across grade levels (from lower to higher) over time.
Correct Answer: A — Horizontal.
Factory data: Budgeted production 10,000 units; Budgeted overheads $50,000; Actual overheads $60,000; Under-absorption $5,000. What was the actual production?
Option A (9,000 units) is correct.
OAR = $50,000 ÷ 10,000 = $5 per unit
Under-absorption = Actual overheads − Absorbed overheads
$5,000 = $60,000 − (Actual units × $5)
Actual units = $55,000 ÷ $5 = 9,000 units
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