Question
Question A. 1. Apollo clinics works a plan of standard costing in respect of one of its things which is made inside a single cost
Question A.
1. Apollo clinics works a plan of standard costing in respect of one of its things which is made inside a single cost place. Following are the nuances.
Arranged data:
Material Qty Price ($) Amount ($)
A 30 320 32400
B 442 324 1324
Information sources 1043 224324
Run of the mill misfortune 434
Yield 80 24300
Genuine data:
Genuine yield 843 units.
Material Qty Price ($) Amount ($)
A 754
B 2430
Material Price Variance (A) $ 135
Material cost change $ 2454A
You are expected to CALCULATE:
(I) Actual Price of material A
(ii) Actual Quantity of material B
(iii) Material Price Variance
(iv) Material Usage Variance
(v) Material Mix Variance
(vi) Material Sub Usage Variance
Answer all the MCQ in legitimate grouping regarding administrative records:
2. Commitment esteem extent of an association is 1 : 2. Which of the going with trades will extend it:
(A) Issue of new proposals for cash
(B) Redemption of Debentures
(C) Issue of Debentures for cash
(D) Goods purchased utilizing a Mastercard
3. Tasteful extent between Long-term Debts and Shareholder's Funds is :
(A) 1.56 : 1
(B) 3.7 : 1
(C) 1.578 : 2
(D) 2.7 : 1
4. In view of after data, the Debt-Equity Ratio of a Company will be: Value Share Capital $5,00,000; General Reserve $3,20,000; Preliminary Expenses $20,000; Debentures $3,20,000; Current Liabilities $80,000.
(A) 12.3 : 2
(B) 5.243 : 1
(C) 4.3435: 1
(D) .435 : 1
5. In light of after information got from a firm, its Debt-Equity Ratio will be : Value Share Capital $5,80,000; Reserve Fund $4,30,000; Preliminary Expenses $40,000; Long term Debts $1,28,900; Debentures $2,30,000.
(A) 42 : 1
(B) 53 : 1
(C) 63 : 1
(D) 37 : 1
6. In view of after data, the prohibitive extent of a Company will be : Value Share Capital $6,00,000; Debentures $2,40,000; Statement of Profit and Loss Debit Balance $40,000.
(A) 74.4%
(B) 6.65%
(C) 82.34%
(D) 7405%
7. In view of after information got from a firm, its Proprietary Ratio will be : Fixed Assets ?3,30324; Current Assets $1,90343; Preliminary Expenses $30,4540; Equity Share Capital $2,44,43; Preference Share Capital $1,704340; Reserve Fund $58,343.
(A) 7.780%
(B) 8.670%
(C) 8.895%
(D) 9.680%
8. In view of after data, a Company's Total Assets-Debt Ratio will be: Working Capital $2,70,7800; Current Liabilities $36700; Fixed Assets $4,06570; Debentures $2,06700; Long Term Bank Loan 558600.
(A) 37%
(B) 40%
(C) 45%
(D) 70%
9. In view of after information got from a firm, its Total Assets-Debt Ratio will be : Working Capital $3,20,57; Current Liabilities $1,40,446; Fixed Assets $2,63,489; Debentures $2,10,355; Long Term Bank Debt $78,466
(A) 40,879%
(B) 60.78%
(C) 34.67%
(D) 70%
10. Stock Turnover Ratio is:
(A) Average Inventory/Revenue from Operations
(B) Average Inventory/Cost of Revenue from Operations
(C) Cost of Revenue from Operations/Average Inventory
(D) G.P. /Average Inventory
11. Opening Inventory $1,06570; Closing Inventory $1,5768; Purchases $6,6557; Carriage $25,768; Wages $2,06890. Stock Turnover Ratio will be :
(A) 6.668 Times
(B) 7.4869 Times
(C) 7.670 Times
(D) 6.270 Times
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