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MCQs: Which of the following are advantages of marginal costing?
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MCQs: Managers utilizes marginal costing for
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MCQs: The problems associated with marginal costing are
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MCQs: Under some special circumstances, price may be fixed at below cost too.
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MCQs: During trade recession, the goods are sold at
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MCQs: In certain decision areas like plant closure and change in capacity, ________is more useful.
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MCQs: The profit at the level of existing sales is computed as
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MCQs: Profit at any level of sales in amount is measured as
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MCQs: Profit at any level of sales in units is measured as
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MCQs: What will be the amount of profit if Fixed cost is Rs 20,000 Sales is Rs 1,60,000 and P/V ratio is 25%?
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MCQs: Determine amount of profit if Variable costs is Rs 1,20,000 Fixed costs is Rs 40,000 and sales is Rs 2,00,000.
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MCQs: The labour engaged in the making of a product is known as _______
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MCQs: Which of the following statements are true about standard labour time?
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MCQs: If labour time is based on the maximum efficiency, the unit cost will be
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MCQs: A budgeting process which demands each manager to justify his entire budget in detail from beginning is
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MCQs: The scare factors is also known as
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MCQs: Capacity ratio * Efficiency ratio = Activity ratio.
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MCQs: A budgeted balance sheet is prepared in Projected Balance sheet method and an estimate is made of the values of all assets including bank overdraft, cash balance and bank.
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MCQs: Which of the following statements are not true about Projected Balance Sheet Method?
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MCQs: XYZ factory working for 50 hours per week employs hundred workers on a job work. The standard output is 200 units per gang hour and standard rate is Rs 1 per hour. During a week in June, five employees were paid @ Rs 1.20 per hour and ten employees were paid @ 80 paise per hour. Rest of the employees were paid @ standard hour rate. The actual number of units produced was 10,200. Determine labour cost variance
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