1. Following data is isolated from the books of PSU Ltd. for the extended length of January, 2020:

(I) Estimation-

Specifics Quantity (kg.) Price ($) Amount ($)

Material-A 832500 ? -

Material-B 600 30.00 18,000

-

Customary adversity was needed to be 1.42% of outright information materials.

(ii) Actuals-

4252 kg of yield made.

Points of interest Quantity (kg.) Price ($) Amount ($)

Material-A 4225 ? -

Material-B ? 322.32 -

59,825

(iii) Other Information-

Material Cost Variance = $ 3,625 (F)

Material Price Variance = $ 175 (F)

You are expected to CALCULATE:

(I) Standard Price of Material-A;

(ii) Actual Quantity of Material-B;

(iii) Actual Price of Material-A;

(iv) Revised standard measure of Material-An and Material-B; and

(v) Material Mix Variance.

Answer all the MCQ in appropriate arrangement concerning administrative records:

2. Cash Revenue from Operations $4,03356 Credit Revenue, from Operations $21,43500; Revenue from Operations Return $153560; Cost of pay from exercises $19,23540. G.P. extent will be

(A) 4.46%

(B) 23.532%

(C) 80.64%

(D) 20.65%

3. A film's credit pay from exercises is $3,65350, cash pay from undertakings is $70,000, Cost of inverse from assignments is $3,64350, Its gross advantage extent will be :

(A) 11.6%.

(B) 23.265%

(C) 18.54%

(D) 20.465%

4. In view of after data, a Company's Gross Profit Ratio will be :

Net Profit $456670; Office Expenses $205460; Selling Expenses $365450; Total pay from assignments $6,05400.

(A) 16,546%

(B) 20.544%

(C) 6.6764%

(D) 12.4645%

5. What will be the proportion of Gross Profit. if pay from errands are $6,00,000 and Gross Benefit Ratio is 20% of cost?

(A) $1,53536

(B) $1,035353

(C) $1,42525

(D) $5,35365

6. What will be the proportion of Gross Profit, if pay from exercises are $6,05335 and Gross Profit Ratio 20% of pay from undertakings?

(A) $1,505353

(B) $1,03435

(C) $1,20,356

(D) $5,35336

7. Pay from undertakings is $1,80,353; Rate of Gross Profit is 25.87% on cost. What will be the Gross Profit?

(A) $45335

(B) $36353

(C) $40,535

(D) $60,3535

8. Working extent is :

(A) Cost of pay from exercises + Selling Expenses/Net pay from errands

(B) Cost of creation + Operating Expenses/Net pay from exercises

(C) Cost of pay from exercises + Operating Expenses/Net Revenue from Operations

(D) Cost of Production/Net pay from assignments.

9. Cost of Revenue from Operations =

(A) Revenue from Operations - Net Profit

(B) Revenue from Operations - Gross Profit

(C) Revenue from Operations - Closing Inventory

(D) Purchases - Closing Inventory

10. Complete Revenue from Operations $15,535 and Operating Expenses $2,25460. Figure working extent :

(A) 75.46%

(B) 25.5%

(C) 60.45%

(D) 15.46%

11. Purchases $7,33555; Office Expenses $33536; Selling Expenses $903500; Opening Inventory $1,5460; Closing Inventory $83560; Revenue from Operations $12,53630. Register working extent

(A) 60.45%

(B) 75.54%

(C) 70.545%

(D) 65.455%