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Question 1. AGF is a compound handling organization that produces splashes utilized by ranchers to ensure their harvests. One of these splashes 'Agrofresh' is made

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1. AGF is a compound handling organization that produces splashes utilized by ranchers to ensure their harvests. One of these splashes 'Agrofresh' is made by utilizing either compound An or substance B. To create one liter of Agrofresh shower they have the alternative to utilize either 12 litres of substance An or 12 liters of synthetic B. During the monetary year, the buy branch of AGF has wanted to utilize compound B as it gave the idea that it would be the less expensive of the two and their arrangements depended on an expense of synthetic B of $15 for every liter.

Because of ensuing business sector development during the year the genuine costs changed and if the concerned office had bought proficiently, the expense would have been:

Compound A $15.40 per Liter

Compound B $16.00 per Liter

Creation of Agrofresh splash was 1,000 liters and the use of substance B was 12,800 liters at an expense of $2,09,920.

You are the CEO of AGF and the administration bookkeeper has shipped off you the accompanying ideas through email:

"I feel that in our specific conditions the customary way to deal with change examination is of little use concerning a portion of our items we can use one of a few similarly appropriate synthetics and we generally plan to utilize such substance which will prompt least expensive creation costs. Anyway because of sharp market developments, we are habitually caught by the sharp value changes which lead to the decision of costly option toward the end."

Required

To check the truth in the substance of the mail, you asked, the administration bookkeeper of the organization:

(i)to CALCULATE the material changes for Agrofresh by utilizing

- Traditional Variance Analysis

- Planning and Operational Variances

(ii) to Analyze how arranging and operational fluctuations moved toward the differences.

(iii) to Analyze how the high level fluctuations are valuable to your association.

Answer all the MCQ in proper sequence in reference to managerial accounts:

2. An organization has ...

(A) Separate Legal Entity

(B) Perpetual Existence

(C) Limited Liability

(D) All of the Above

3. Investors are :

(A) Customers of the Company

(B) Owners of the Company

(C) Creditors of the Company

(D) None of these

4. Who are the genuine proprietors of an organization?

(A) Government

(B) Board of Directors

(C) Equity investors

(D) Debenture holders

5. A Company is made by :

(A) Special demonstration of the Parliament

(B) Companies Act

(C) Investors

(D) Members

6. A counterfeit individual made by Law is called :

(A) Sole Tradership

(B) Partnership Firm

(C) Company

(D) All of the Above

7. The responsibility of individuals in a Company is :

(A) Limited

(B) Unlimited

(C) Stable

(D) Fluctuating

8. Risk of an investor is restricted to ... of the offers dispensed to him :

(A) Paid up Value

(B) Called up esteem

(C) Face esteem

(D) Reserve Price

9. Greatest number of individuals in a privately owned business is :

(A) 7

(B) 200

(C) 20

(D) No Limit

10. Capital of a Company is isolated in units which is called :

(A) Debenture

(B) Share

(C) Stock

(D) Bond

11. Investors get from the organization :

(A) Interest

(B) Commission

(C) Profit

(D) Dividend

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