All India Management Association (AIMA) 2007 M.B.A Marketing Management Accounting for ision Making - II - Question Paper
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ques. Paper
Accounting for Decision Making - II (MB2D2): October 2007
• Answer all 72 ques..
• Marks are indicated against every ques..
Total Marks : 100
1. Consider the subsequent particulars of Shalet Ltd.:
Margin of safety (representing 20% of sales) Rs.15,000
P/V Ratio 40%
The break even sales of the company are
(a) Rs.75,000
(b) Rs.45,000
(c) Rs.60,000
(d) Rs.30,000
(e) Rs.37,500.
( 2 marks)
2. Fixed cost is the product of
(a) Break-even sales and margin of safety
(b) Sales and margin of safety
(c) Sales and profit-volume ratio
(d) Profit-volume ratio and break even sales
(e) Profit-volume ratio and excess of sales over break even point.
( 1 mark)
3. Basu Ltd., presents the subsequent estimates pertaining to its Department A:
Particulars Rs.
Sales 7,00,000
Fixed cost 3,50,000
Variable cost 4,20,000
The value of sales to be increased by the company to reach the break even sales is
(a) Rs.1,13,865
(b) Rs.1,23,725
(c) Rs.1,33,600
(d) Rs.1,75,000
(e) Rs.1,72,040.
( 2 marks)
4. Vaishali Ltd. has furnished the subsequent data pertaining to its business:
Variable cost – Rs.38 per unit
Fixed overhead – Rs. eight per unit
Normal production – 15,000 units
true production – 12,000 units
Sales – 10,000 units
Sale price – Rs.60 per unit
The value of ending inventory using Absorption costing is
(a) Rs.92,000
(b) Rs.96,000
(c) Rs.66,000
(d) Rs.76,000
(e) Rs.67,000.
( 2 marks)
5. Sakshi Technologies Ltd. furnishes the subsequent info pertaining to its product for last 2 years:
Year Sales (Rs.) Profit (Rs.)
2006-07 1,20,000 13,000
2007-08 1,30,000 15,000
If the company wants to earn a profit of Rs.55,000, desired sales would be
(a) Rs.3,30,000
(b) Rs.4,50,000
(c) Rs.4,76,667
(d) Rs.5,07,692
(e) Rs.2,75,000.
( 2 marks)
6. Bakshi Ltd. has furnished the subsequent data for the month of September 2008:
Particulars Rs.
Sales 3,00,000
Fixed expenses 90,000
Direct materials 95,000
Direct labour 35,000
Direct expenses 35,000
The Margin of safety of the company is
(a) Rs.1,20,000
(b) Rs.1,85,000
(c) Rs.1,00,000
(d) Rs.1,35,000
(e) Rs.1,80,000.
( 2 marks)
7. Vinayaka Ltd. furnishes the subsequent info for a period, pertaining to its product “T”:
Cost of production (for 11,000 units) Rs.44,000
Selling expenses (per unit) Re. 0.40
Sales (for 9,000 units) Rs.54,000
The profit per unit of the product was
(a) Rs.1.15
(b) Rs.1.20
(c) Rs.2.60
(d) Rs.1.60
(e) Rs.1.25.
( 2 marks)
8. Vijay Ltd. has furnished the subsequent cost data for 600 units (which is its 50% capacity) of its product:
Variable overhead costs Rs.3,00,000
Fixed overhead costs Rs.5,00,000
| Earning: Approval pending. |
