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Q. Which of the following statements are not true about budget, budgeting & budgetary control?

Q. The cost per unit of a product manufactured in a factory amounts to Rs 160 (75% variable) when the production is 10,000 units. When production increases by 25%, the cost of production will be Rs per unit.

Q. -Which of the following would be consistent with a hedging (maturity matching) approach to financing working capital?

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. During the month of December actual direct labour cost amounted to $39,550, the standard direct labour rate was $10 per hour and the direct labour rate variance amounted to $450 favourable. The actual direct labour hours worked were:

Q. Any special event happen into the business then which report is prepared ?

Q. Return on equity capital is calculated on basis of:

Q. A report comparing actual results with the budget figure is called a ___________

Q. XYZ factory working for 50 hours per week employs hundred workers on a job work. The standard output is 200 units per gang hour and standard rate is Rs 1 per hour. During a week in June, five employees were paid @ Rs 1.20 per hour and ten employees were paid @ 80 paise per hour. Rest of the employees were paid @ standard hour rate. The actual number of units produced was 10,200. Determine labour cost variance

Q. The primary objective of management accounting is