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Plant utilization budget and

Manufacturing overhead budgets


are types of
Select one:
a. Cost Budget
b. None Of The Above
c. Sales Budget
d. Production Budget
Plant utilization budget and
Manufacturing overhead budgets
are types of
Select one:
a. Cost Budget
b. None Of The Above
c. Sales Budget
d. Production Budget
Plant utilization budget and
Manufacturing overhead budgets
are types of
Select one:
a. Cost Budget
b. None Of The Above
c. Sales Budget
d. Production Budget
XY ltd. uses activity-based costing for Product M and Product N. The total estimated overhead cost for the parts administration
activity pool

was Rs.7,50,000 and the expected activity was 3000 part types. If Product N requires 1400 part types, the amount of overhead
allocated to

product N for parts administration would be:

Select one:

a. Rs. 350000

b. Rs. 340000

c. Rs. 300000

d. Rs. 330000

The cost which can not be carried forward to next accounting period is called

Select one:

a. Accrued Cost

b. Expired Cost

c. Unexpired Cost

d. Absorbed Cos

R&D budget and Capital expenditure budget are examples of

Select one:

a. Current Budget

b. None Of The Above

c. Short-Term Budget

d. Long-Term Budget

When xed cost is deducted from contribution, the balance will be--------

Select one:

a. Prot

b. Sales

c. Variable Cost

d. Total Cost

A type of costing system in which only variable costs are recognised as product costs is called as

Select one:

a. Variable

b. Invariable

c. None Of These

d. Fixed
The examples of GHG gases are_____

Select one:

a. O2, Co2 And Co

b. Co2 And H2

c. Co2, Co And Methane

d. O2 And Co2

The full form of GHG is______

Select one:

a. Green House Gases

b. Group Of Hydrogen Gases

c. Green House Group

d. Group Of Harmful Gases

activity-based costing will provide better accuracy when allocating costs than a manufacturer's machine hours when its products
and

customers are __________ diversied.

Select one:

a. More

b. Less

c. Not Sucient Information

d. Equally

Break even capacity----------------------?

Select one:

a. Breakeven Sales In Rupees/Normal Sales In Rupees

b. None Of Above

c. Normal Sales In Rupees/ Break Even Sales In Rupees

d. All Of Abov

A company has xed costs of Rs. 50,000 and variable costs per unit of output of Rs. 8. If its sole product sells for Rs. 18, what is
the break-

even quantity of output?

Select one:

a. 3000

b. 5000

c. 5500

d. 300
n marginal costing stock of nished goods is valued at ------

Select one:

a. Higher Than The Value Under Absorption Costing

b. None Of These

c. Lower Than The Value Under Absorption Costing

d. Same As Absorption Costing

If actual units produced are lower than the budgeted level of production which of the following types of cost would you expect to
be lower

than the budget?

Select one:

a. None Of Above

b. Total Variable Costs

c. Total Fixed Costs

d. Variable Costs Per Unit

Break-even analysis is also called

Select one:

a. Margin Of Safety

b. Unit Sales

c. Business Analysis

d. Cvp Analysis

Given sales = Rs.1,50,000, Fixed costs = Rs.30,000, Prot =Rs. 40,000. The variable cost is Rs………….

Select one:

a. 10000

b. 80000

c. 110000

d. 120000

Which of the following is not a material pricing method?

Select one:

a. Ved Analysis

b. Weighted Average

c. Lifo

d. Fifo
The process of budgeting helps in the control of

Select one:

a. Capital Expenditure

b. Liquidity

c. All Of The Above

d. Cost Of Production

Shut down cost is:

Select one:

a. Avoidable Fixed Cost

b. Unavoidable Fixed Cost

c. Avoidable Variable Cost

d. Unavoidable Variable Cost

Question 26

Complete

Mark 0.50 out of 0.50

Question 27

Complete

Mark 0.50 out of 0.50

Shut down cost is:

Select one:

a. Avoidable Fixed Cost

b. Unavoidable Fixed Cost

c. Avoidable Variable Cost

d. Unavoidable Variable Cost.

________ is stated as a budget which is made to change as per the levels of activity attained.

Select one:

a. Fixed Budget

b. Flexible Budget

c. None Of The Above

d. Both A And B

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