c) Rs 1,000 (over) d) Rs 1,000 (under) Question 10:- The budgeted cost of electricity is Rs 62,500 for 5000 units of production per month and Rs 71,500 for 6,200 units of production per month. If the company manufactures 6,900 units in the month of May 2003, the budgeted amount of electricity for the month is: a) Rs 74,360 b) Rs 76,750 c) R5 77,770 d) Rs 79,572 Question 11:- ADT Ltd. has furnished the following standard cost data per unit of output. Direct labor 10 hours at Rs 7.50 ,Rs 75. Direct wages paid RS 4,07,000 for 55,000 hours worked per hour at Rs 8.50 per hour Rs 85. Actual output 4,900 units. The labor efficiency variance is: a) Rs 50,000 favorable Rs 55,500 (favorable) Rs 35,000 (Adverse) d) Rs 45,000 (Adverse) Question 12:- A contractor has to supply 8,000 paper cones per day to a textile mill. He finds that when he starts a production run he can produce 35,000 paper cones per day. The cost of holding a paper cone in stock for one year is 3 paise and setting up cost of production run is RS. 20. The Economic Batch Quantity (EBQ) is: a) 62,397 units b) 63,497 units c) 64,567 units d) 65,765 units Question 13:- Following information is provided for the year 2019: P/v ratio- 30% ; Margin of safety- 40%; Sales- Rs 12,00,000. Compute the fixed cost