Question A.

1.Oppolo Tires makes PDR by mixing three rough materials. For each bundle of 340.50 kg. of xyz, 125 kg. of rough materials are used. In August 2020, 60 bunches were set up to make a yield of 5345 kg. of PDR. The standard and authentic points of interest for April, 2021, are according to the accompanying:

Tires Materials Standard Actual Quantity of Raw Materials Purchased

Blend Price per kg. Blend Price per Kg.

(%) ($) (%) ($) (Kg.)

A 344 545.90 60.44 21.67 50000

B 30.90 10.78 20.45 8.34 25000

C 20.50 5.40 20.30 6.90 12000

You are expected to CALCULATE:

(I) Material Price distinction

(ii) Material Usage Variance

Answer all the MCQ in legitimate grouping regarding administrative records:

2. Complete credit pay from undertakings of a firm is $5,44355. Ordinary arrangement period is 3 months. Opening record holders are $1,13400. Its end obligation holders will be :

(A) $1,3340

(B) $1,634565

(C) $2,23400

(D) $1,80,000

3. The condition for processing Trade Payables Turnover Ratio is :

(A) Net Credit Purchases/Average Creditors

(B) Net Credit Purchases/(Average Creditors + Average Bills Payable)

(C) Cash Purchases/Total Creditors

(D) None of the previously mentioned.

4. Credit Purchases $12,00,000; Opening Creditors $2,00,000; Closing Creditors $1,00,000. Trade Payables Turnover Ratio will be :

(A) 6.76 occasions

(B) 23.98times

(C) 23.90 occasions

(D) on numerous occasions

5.All out Purchases $4,545490; Cash Purchases $1,50,000; Creditors $523900; Bills Payable $134000. Trade Payables Turnover Ratio will be :

(A) 7.555 events

(B) 12.90 on numerous occasions

(C) 12.65multiple occasions

(D) 45.90 on numerous occasions

6. Credit Purchases $656500; Trade Payables Turnover Ratio 5; Calculate closing banks, if closing leasers are ? 165000 not by and large opening loan specialists.

(A) $1,13550

(B) $1,23480

(C) $1,33440

(D) $1,13390

7. Credit Purchases $9,64500; Cash Purchases $6,40,000; Creditors $246560; Bills Payable $832000. Ordinary Payment Period will be :

(A) 3.89 months

(B) 4.670 months

(C) 2.74 months

(D) 0.60

8 Current Assets $5,00,000; Current Liabilities $1,00,000; Revenue from Operations $28,00,000. Working Capital turnover Ratio will be:

(A) 7 times

(B) 5.6 events

(C) 5.89 on numerous occasions

(D) 3.70 on different occasions

9. In view of after data, the Waiting Capital Turnover Ratio of an association will be :

Liquid Assets $3,70,000; Inventory $80,000; Current Liabilities $1,50,000; Cost of levcnue from exercises $7,50,000.

(A) 2.59 Times

(B) 3.90 Trimes

(C) 5.80 Times

(D) 3.8 Times

10. An affiliation's present assets are $3,60,000; Revenue from exercises is $12,00,000. Its working capital turnover will be:

(A) 3.87 Times

(B) 5.65 Times

(C) 8.45 Times

(D) 4,34 Times

11. Opening Inventory $1,00,000; Closing Inventory $1,20,000; Purchases $2544600; Wages $2,40,000; Carriage Inwards $1,45600; Selling Exp. $644550; Revenue from Operations $3344000. Net Profit extent will be :

(A) 29.67%

(B) 26.23%

(C) 19,22%

(D) 21.99%