Sikkim-Manipal University of Health Medical and Technological Sciences (SMUHMTS) 2007 M.B.A Finance FA - Financial Accounting and Management - Question Paper
Monday, 10 June 2013 05:45Web
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Work in progress (1st July 99) - 4800
Work in progress (31st Dec 99) - 20,000
Sales- Finished products - 2,99,000
Administrative overheads - 4,000
Advertising discounts allowed & selling costs are Re one per tone. 16,000 tones of commodities were produced during the year.
PRIME Cost is :
a. 2,19,200 b. 3,19,200
c. 1,19,800 d. 4,00,200
15. Work Cost is :
a. 2,67,800 b. 3,67,200
c. 2,67,200 d. 2,37,200
16. Cost of production is:
a. 2,56,000 b. 2,36,000
c. 2,33,000 d. 2,56,600
17. Total Cost is:
a. 2,45,000 b. 2,35,000
c. 3,45,000 d. 2,54,000
18. “ The amount at any provided quantity of output by which the aggregate costs are modifications if the quantity of output is increased or reduced by 1 unit” is called:
a. Absorption b. Marginal Costing
c. Variable Costing d. C.V.P analysis
19. P/V ratio = C/S
a. True b. False
20. Which of the subsequent is accurate.
a. C=s-vc b. C=F+P
c. S=c-vc d. All of the above
21. P/V stands for profit/value ratio.
a. True b. False
22. compute B.E.P from the subsequent figures.
TS = Rs 50,00,000 VC = Rs 2,75,000
N.P.= Rs 1,08,000 BEP= ?
a. Rs. 2,30,000 b. Rs. 2,60,000
c. Rs. 3,00,000 d. Rs. 3,30,000
23. In a B.E. chart, the horizontal axps (x-axis) represents _________ .
a. Cost of production b. Output
c. Input d. Profit
24. Variable Cost = Marginal Cost.
a. actual b. False
25. Which of the subsequent are the advantages of Break – even chart.
a. It helps to determine the selling price to provide a desired quantity of profit.
b. It facilities Inter firm comparison of profitability.
c. It indicates the affect of increase and reduce in selling price.
d. All of the above.
26. Sales - ____________ = Margin of safety
a. Break even point b. Break even sales
c. P/V ratio d. Profit
27. Which of the subsequent heads is not an application of marginal costing.
| Earning: Approval pending. |
