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Q. __________ denotes a situation of too much or excessive working capital.

Q. Which of the following costs is not relevant when considering the closure of a department within a factory?

Q. A positive (net) working capital will arise when current assets exceed _________.

Q. Profit for the objective of calculating a ratio may be taken as

Q. When profit-volume ratio is 40 % and sales value Rs.10,000, the variable costs will be :

Q. Revision of budgets is…

Q. While calculating Gross Profit Ratio,

Q. Fixed assets are Rs 5,00,000 , Current assets are Rs 3,00,000, Current liabilities are Rs 1,00,000. There is no investment. Capital employed will be :

Q. Expenditure over and above prime cost is known as ________.

Q. Factory overhead is Rs 3,00,000 and direct material cost is Rs 5,00,000 What is the overhead rate under direct material cost method?