Explain precisely

1. Answer all questions: (a) ASHEEKA LTD. has annual turnover of

(a) ASHEEKA LTD. has annual turnover Of lakh and an average CIS Ratio Of It makes profit on sales before charging depreciation and interest Which amount to lakh and 15 lakh respectively. What Will be the Fixed Cost Of Asheeka Ltd.? (b) In a factory Of ZEE LTD., where Standard Costing is followed. the budgeted fixed overheads a budgeted production Of 4800 units is 04000. For a certain period actual (FOH) expenditure was 02.000 resulting in a fixed overhead volume variance Of 3.0m (Adv.) Calculate the actual production Of ZEE LTD. for the period. (c) OPTIMA LTD. is committed to supply 24000 bearings per annum to BKT Ltd. on a steady basis. If is estimated that it costs 0.40 as inventory holding cost per bearing per annum and that the set-up cost per run Of bearing manufacture is C648. What would be the optimum run (batch) size for hearing manufacture? (d) The total production cost Of HORIZON LTD. for making units is and the total production cost for making 15000 units is C69.OOO. Once the production exceeds 10000 units additional fixed costs Of are incurred. What Will be the full production cost per unit for making 120m units? (e) What are the limitations Of Uniform Costing? (f) The Compliance Report along With Annexures is to be signed by a Cost Accountant. Whether the Cost Accountant is responsible for the preparation Of the Annexures? (g) "Turnover" is gross trunover whether includes excise duty or notClarify.