Question
Omega Ltd. has idle capacity and receives a special
export order for 2,000 units at ₹420 per unit. Normal price = ₹500. Unit variable cost = ₹350. Fixed costs are already covered by regular business. The export order requires special packing costing ₹10 per unit, with no impact on regular business. Should the company accept the order?Solution
• Special cost = ₹350 (VC) + ₹10 (packing) = ₹360 • Price = ₹420 → contribution = ₹60 per unit × 2,000 = ₹1.2 lakh • Fixed costs are unaffected → positive contribution without affecting regular business → Accept
Under Section 146(1), which additional insurance is required for vehicles carrying hazardous goods?
According to Section 7(1) of the Arbitration and Conciliation Act, 1996, what is the essential characteristic of an "arbitration agreement"?
Provisions of longer period in the matter of accumulation of property under sec 17 of T.P. Act amounts to:
A contract is ______________ because it was caused by a mistake as to any law in force in India
______________________ as per the IBC means a person to whom an operational debt is owed and includes any person to whom such debt has been legally assi...
A wishes to prove, by secondary evidence, the contents of a lost document.
According to the Consumer Protection Act Appeal shall lie :
Imputation of truth made for public good_________________.
As per Art. 24 of the Indian Constitution, no child of ________ years of age shall be working in any hazardous employment in a factory?
What does the term "payment system operator" mean______________