Question
12,000 Kg of a material were input to a process in a period. The normal loss is 10% of input There is no opening or closing work-in-progress. Output in the period was 10,920 Kg. What was the abnormal gain/loss in the period?
More Financial Management Questions
- Which ethical theory holds that certain moral principles are universal, fixed, and applicable to all people regardless of culture or situation?
- Which of the following would lead to increase in private disposable income, provided other things remain constant?
- Which of the following is NOT a characteristic of Alternative Investment Funds (AIFs) in India?
- Which of the following is an example of funded credit facility?
- SWAMIH Fund has played an instrumental role in providing affordable homes to many. It has clocked 20000 mark since inception. What does the “W” stand for i...
- Vikram is a marketing head in the organisation. Which of the following tasks best describes the directing function being performed by Vikram?
- Saurabh is a project manager on an industrial design project. He set up a reward system, but he was surprised to find out that the team is actually less mo...
- Consider the following statements about Fiscal Policy statements mandated under FRBM Act. 1. Macroeconomic Framework Statement contains an assessment of t...
- Under the MSME-Innovative scheme, what is the maximum percentage of financial assistance provided by the Government of India for design projects undertaken...
- Net profit for the year = ₹5,00,000 Depreciation = ₹1,20,000 Increase in Inventory = ₹70,000 Increase in Creditors = ₹50,000 What is the Cash Flow from...
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
