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Question 1:- A Company sells a single product for Rs.28 per unit. If variable costs...

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Accounting

Question $1$ : $-$ A Company sells a single product for Rs $. 28$ per unit. If variable costs are $65 %$ of sales and fixed costs total Rs $. 9, 800,$ the break $-$ even point will be:

a $) 15, 077$ units

b $) 18, 200$ units

c $) 539$ units

d $) 1, 000$ units

Question $2$ : $-$ What would be the margin of safety ratio based on the following information? Sales price $=$ Rs $. 100$ per unit; Variable cost $=$ Rs $. 25$ per unit and Fixed cost $=$ Rs $. 50$ per unit

a $) 25 %$

b $) 33.33 %$

c $) 66.66 %$

d $) 75 %$

Question $3$ : $-$ Which of the following step is the $3$ rd step towards budgeting process?

a $)$ Forecasting

b $)$ Determination of Principle budget factor

c $)$ Decision about the removal of constraints

d $)$ Construction of budget on agreed basis

Question $4$ : $-$ A company has sales of Rs $. 500, 000$ for the period. The selling expenses are estimated as $12 %$ of sales. The gross profit for the period is amounting to Rs $. 150, 000 .$ Calculate the amount of selling expenses for the period?

a $)$ Rs $. 60, 000$

b $)$ Rs $. 45, 000$

c $)$ Rs $. 90, 000$

d $)$ Rs $. 210, 000$

Question $5$ : $-$ Which of the following would NOT lead to an increase in net cash flow?

a $)$ Larger sales volume

b $)$ Higher selling price

c $)$ Reduced material cost

d $)$ Charging of lower depreciation

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