Question $1$:$-$ A Company sells a single product for Rs$.28$ per unit. If variable costs are $65\%$ of sales and fixed costs total Rs$.9,800,$ the break$-$even point will be:

a$)15,077$ units

b$)18,200$ units

c$)539$ units

d$)1,000$ units

Question $2$:$-$ What would be the margin of safety ratio based on the following information? Sales price$=$ Rs$\mathrm{.}100$ per unit; Variable cost$=$ Rs$.25$ per unit and Fixed cost$=$ Rs$.50$ per unit

a$)25\%$

b$)33\mathrm{.}33\%$

c$)66\mathrm{.}66\%$

d$)75\%$

Question $3$:$-$ Which of the following step is the $3$rd step towards budgeting process?

a$)$ Forecasting

b$)$ Determination of Principle budget factor

c$)$ Decision about the removal of constraints

d$)$ Construction of budget on agreed basis

Question $4$:$-$ A company has sales of Rs$.500,000$ for the period. The selling expenses are estimated as $12\%$ of sales. The gross profit for the period is amounting to Rs$.150,000.$ Calculate the amount of selling expenses for the period?

a$)$ Rs$.60,000$

b$)$ Rs$.45,000$

c$)$ Rs$.90,000$

d$)$ Rs$.210,000$

Question $5$:$-$ Which of the following would NOT lead to an increase in net cash flow?

a$)$ Larger sales volume

b$)$ Higher selling price

c$)$ Reduced material cost

d$)$ Charging of lower depreciation