Question
A company manufactures a single product for which cost
and selling price data are as follows: Selling price per unit - Rs. 12 Variable cost per unit - Rs. 8 Fixed cost for a period - Rs. 98,000 Budgeted sales for a period - 30,000 units The margin of safety, expressed as a percentage of budgeted sales is close to:Solution
Sales – VC = contribution 12-8 = 4 rs per unit Contribution 30,000*4 = 1,20,000 Less FC: (98,000) Profit: 22,000 MOS Units: 22000/4 = 5500 units MOS as % of budgeted units = 5500 / 30000 * 100 18.33%.
Which of the following is an unconventional monetary policy tool used by the Reserve Bank of India?
Which among the following are perpetual instruments with a contingent conversion feature in case of crisis?
The bases of recognition of interest, dividend and rentals earned on investments are covered under which among the following AS?
In India, Credit Rating Agencies are regulated by:
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Which of the following refers to the halo error that tends to distort appraisals?
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