Question
In the above product mix, how many shirts should be
sold by Deepak Ltd to break even? Refer to the following information to answer the next 4 questions (Q5 to Q8) Deepak Ltd produces and sells two products – shirts and trousers. The details of the 2 products are as under: Product T-Shirt Shirt Sales price per unit Rs.800 Rs.1400 Variable Cost per unit Rs.380 Rs.420 Deepak Ltd’s fixed costs are Rs.43,89,000 per period.Solution
Break even = fixed cost/contribution In the given product mix, break even = fixed cost/contribution = Rs.43,89,000/7980 = 550 mixes Shirts in the mix = 6 Total shirts required = 6*550 = 3300 shirts
According to the IRDA Act, 1999 intermediary or insurance intermediary includes__________________
According to Section 5of the IRDA Act, what is the tenure of office for the Chairperson and other whole-time members?
Consensus ad idem means
What is the effect of violation of the rule: “Audi Alteram Partem” on an administrative action?
Which of the following is not an exception to the general principle that ‘hearsay evidence is no evidence’ ?
What is the objective of Payment and Settlements Act?
A small company is a company whose paid-up capital and turn over shall________________
In tort law, what is the term for a wrongful act that leads to confinement or restraint of another person against their will?
How are the assets of any insurer in India be kept as per the Insurance Act, 1938?
After dissolution of the firm, goodwill of the firm __.
Relevant for Exams:
