Question 1:-) Ltd. had furnished the following information pertaining to 45,000 units of products P-4 : Material Cost Rs 1,60,500 Labour Cost Rs 99,000 and Overhead costs Rs 1,74,120. The fixed portion of capital employed is Rs 1,35,000 and the varying portion is 40% of sales turnover. If the company desires to earn a profit of 12% on capital employed, the selling price of the product is? a) Rs 11.55 b) Rs 10.50 Rs 9.55 Rs 12.20 Question 2:- The following data is obtained from the records of the Alum Ltd. Sales First year 1,28,000 & Second year 1,44,000. Profit for first year 16,000 and second year 22,400. The break even sales of the company in rupees is Rs 90,000 Rs 88,000 Rs 1,30,000 d) O RS 1,36,000 Question 3:- For the purpose of planning and control, costs are classified as a) O Product and period costs b) Normal and abnormal costs Budgeted and standard costs d) Historical and predetermined costs Question 4:- Anil Ltd. has furnished following data pertaining to its business: Variable cost Rs 95 per unit, Fixed overhead Rs 20 per unit, Normal production 10,000 unit , Actual production 8,000 unit , sales 6,000 units , sales price Rs 140 per unit. The value of ending inventory using absorption costing is Rs 4,80,000 b) O RS 2,30,000 Rs 1,90,000 Rs 2,40,000 Question 5:- Ram Ltd. produces and sells 1,500 units of product L each month with total variable costs of RS 19,500 and total fixed costs Rs 19,500. Idle capacity would permit the acceptance of a special order for 1,000 units each month. The lowest acceptable selling price per unit of the product is a) Rs 26.00 Rs 15.00 Rs 11.00 Rs 19.50