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FINC001
FINC001
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
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
Select one:
a. Current Budget
c. Short-Term Budget
d. Long-Term Budget
When xed cost is deducted from contribution, the balance will be--------
Select one:
a. Prot
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:
b. Co2 And H2
d. O2 And Co2
Select one:
activity-based costing will provide better accuracy when allocating costs than a manufacturer's machine hours when its products
and
Select one:
a. More
b. Less
d. Equally
Select one:
b. None Of Above
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-
Select one:
a. 3000
b. 5000
c. 5500
d. 300
n marginal costing stock of nished goods is valued at ------
Select one:
b. None Of These
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
Select one:
a. None Of Above
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, Prot =Rs. 40,000. The variable cost is Rs………….
Select one:
a. 10000
b. 80000
c. 110000
d. 120000
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
d. Cost Of Production
Select one:
Question 26
Complete
Question 27
Complete
Select one:
________ 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
d. Both A And B