Question
Does not need explanation only in abcd format A company estimates its direct material requirements for the month of November 2014 to Rs. 240000 and
Does not need explanation only in abcd format
A company estimates its direct material requirements for the month of November 2014 to Rs. 240000 and the direct labour to be Rs.150000. It is the policy of the company to about overheads as under
Factory overheads
Administrative overheads
Selling and distribution overheads
60% of direct wages
20% of works cost
25% of works cost
It is estimated that the selling and distribution overhead will increase by 15% in November 2014. The company sells goods at a profit of 16.67% on sales.
The budgeted sales for the month of November, 2014 is?
Select one:
a. Rs.921600
O b. Rs.856800
O C. Rs.909900
O d. Rs.687150
A company has fixed costs of Rs.6,00,000 paint manufactures a single product which it sells for Rs 200 per unit Its contribution to sales ratio is 40% its break-even in units is?
Select one:
O a 7,500 units
b. 8,000 units
c. 3,000 units
d. 1,500 units
company's single product has a contribution to sales ratio of 20% The unit selling price is Rs A 12. in a period when fixed costs were Rs 48.000 the profit earned was Rs. 5,520. Direct wages were 30% of total variable costs, and so the direct wages cost for the period was?
Select one:
15 a Rs. 64,224
b. Rs 22.624
C. Rs. 44,225
d Rs 75,000
Z Ltd. is planning to sell 1,00,000 units of product A for Rs. 12.00 per unit. The fixed costs are Rs.2,80,000. In order to realize a profit of Rs. 2,00,000, what would the variable costs be?
Select one:
a. Rs. 4,80,000
b. Rs. 7,20,000
C. Rs. 9,00,000
d. Rs. 9,20,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started