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Q. Company has a material standard of 1.1 kg. per unit of output. Each kg. has a standard price of Rs.25 per. Company paid Rs.1,18,800? for 5,100 kg. which they used to produce 4,900 units. What is the direct materials quantity variance?

Q. Cash from operations is equal to------------------

Q. If the contribution margin per unit is $700 per unit and the break-even per unit is $40, then the fixed cost would be

Q. The funds required for running an organisation are generally called as ____________.

Q. If selling price is fixed 25% above the cost, the Gross Profit Ratio is

Q. Uncontrollable costs are the costs which be influenced by the action of a specified member of an undertaking. -

Q. (A Company has a standard of 1 direct labor hour per unit at Rs.12 per hour. 3,850 labor hours costing Rs.46,970 were used to produce 4,000 units.) Company’s total labor variance is

Q. It may not be ______ to measure exactly the output of service departments in an organization.

Q. _______________ ratios measure the ability of a firm to earn an adequate return on sales, total assets and invested capital.

Q. Management accounting is primarily concerned with -