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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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