Highly appreciated to get all the answers correct! A lodging having 102 rooms of which 82.9452% are
Question:
Highly appreciated to get all the answers correct!
A lodging having 102 rooms of which 82.9452% are regularly involved in summer and 26.8632% in winter. Time of summer and winter be taken as 6.8632 months each and typical days in a month be thought to be 30. What will be the all out consumed room days
Give all mcq answers with explanations:
I. The entirety of the accompanying could be substantial reasons why the normal income from a fixed cost development agreement ought to be expanded from the first agreement cost, with the exception of
(a) The worker for hire has concurred varieties to the agreement with the customer.
(b) The expenses in agreement have expanded and the agreement incorporates cost heightening condition.
(c) The worker for hire would get a motivating force installment if work proceeds early and it is plausible that predefined execution norms are met or surpassed.
(d) The worker for hire has brought about extra expenses because of blunders made by the representatives.
II. The fundamental contrast between a fixed financial plan and adaptable financial plan is that a fixed spending plan -
(a) is worried about a solitary degree of movement, while adaptable spending plan is ready for various degrees of action
(b) Is worried about fixed expenses, while adaptable spending plan is worried about factor costs.
(c) is fixed while adaptable spending changes
(d) None of these.
III. Batch Costing is appropriate for-
(a) Sugar Industry
(b) Chemical Industry
(c) Pharma Industry
(d) Oil Industry
IV. Cost units of Hospital Industry is-
(a) Tonne
(b) Student each year
(c) Kilowatt Hour
(d) Patient Day
V. Cost units of Automobile Industry is-
(a) Cubic meter
(b) Bed Night
(c) Number of Call
(d) Number of vehicle
VI. Depreciation is an illustration of-
(a) Fixed Cost
(b) Variable Cost
(c) Semi Variable Cost
(d) None of these
VII. The most significant component of cost is-
(a) Material
(b) Labour
(c) Overheads
(d) All of these
VIII. Direct material is a -
(a) Adiministration Cost
(b) Selling and Distribution cost
(c) All of these
(d) None of these
IX. Continuous stock taking is a piece of-
(a) ABC investigation
(b) Annual stock taking
(c) Perpetual Inventory
(d) None of these
X. Which of coming up next is considered as bookkeeping record?
(a) Bin Card
(b) Bill of material
(c) Store Ledger
(d) None of these
XI. In which of the accompanying motivator plan of installment, compensation on time premise are not Guaranteed?
(a) Halsey plan
(b) Rowan plan
(c) Taylor's differential piece rate framework
(d) Gantt's assignment and reward framework