Question
1.M/s Global Electronics Ltd. sends out climate control systems to Germany by bringing in every one of the parts from Singapore. The organization is sending
1.M/s Global Electronics Ltd. sends out climate control systems to Germany by bringing in every one of the parts from Singapore. The organization is sending out 2,400 units at a cost of Euro 500 for each unit. The expense of imported segments is S$ 800 for every unit. The fixed expense and different factors cost per unit are ' 1,000 and ' 1,500 separately. The incomes in Foreign monetary standards are expected in a half year. The current trade rates are as per the following:
'/Euro 51.50/55
'/S$ 27.20/25
Following a half year the trade rates turn out as follows:
'/Euro 52.00/05
'/S$ 27.70/75
(A) You are needed to compute misfortune/acquire because of exchange openness.
(B) Based on the accompanying extra data figure the misfortune/acquire because of exchange and working openness if the contracted cost of climate control systems is
' 25,000 :
(i) the current swapping scale changes to
'/Euro 51.75/80
'/S$ 27.10/15
(ii) Price flexibility of interest is assessed to be 1.5
(iii) Payments and receipts are to be settled toward the finish of a half year.
2 If benefit volume proportion is 25% and deals is Rs. 100,000, the variable expense will be
A Rs. 25,000 B Rs. 50,000
C Rs. 75,000 D None of the abovementioned
3 The valuation of stock in negligible costing when contrasted with assimilation costing is
A Higher B Lower
C Same D None of the above mentioned
4 The term standard expense alludes to the:
A. Normal unit cost of item delivered in the past period
B. Planned unit cost of item delivered in a specific period
C. Normal unit cost of item created by different organizations
D. Normal unit cost of item delivered in the current period
5 The term planned expense alludes to the:
A. Assessed costs of planned creation
B. Real costs of planned creation
C. Assessed costs of real creation
D. Real costs of real creation
6... ... is worried about giving data to the board to taking administrative
choices.
(A) Management Accounting (B) Financial bookkeeping
(C) Cost bookkeeping (D) All of these
7 Which among coming up next isn't an administration bookkeeping strategy?
(A)Standard costing (B) negligible costing
(C) Project evaluation (D) None
8 The quintessence of minimal costing is that ... cost is considered overall as
discrete.
(A)Fixed (B) variable (C) both of these (D) none of these
9 A archive that records the standard expense of a solitary unit of item is known as:
A Bill of materials B. Bill of item
C Standard expense card D. item cost card
10 Following is utilized as instrument for Cost Control
A) Marginal expense (B) Historical expense
C) Standard expense (D) All of the abovementioned
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