Costing - Study Mode

[#321] Improvement of profit volume ratio can be done by
Correct Answer

(D) All of these

[#322] If the normal cost of normal production of 80 units is Rs. 400, then the value of abnormal wastage of 5 units will be
Correct Answer

(A) Rs. 25

[#323] What is the gross profit if the total sale is Rs. 2,60,000, the cost of net goods sold is Rs. 2,00,000, and sales return is Rs. 10,000?
Correct Answer

(D) 20%

[#324] Material control does not cover the following stage:
Correct Answer

(D) production

[#325] Prime cost is Rs. 16,000. Material is 60% of labour. Labour is
Correct Answer

(C) Rs. 10,000