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Q. Fixed cost Rs. 80,000; Variable cost Rs. 2 per unit; Selling price_Rs. 10 per unit; turnover required for a profit target of Rs. 60,000.

Q. Actual sales Rs .4,00,000; Break-even sales Rs. 2,50,000; Margin of Safety in percentage is _.

Q. Production cost under marginal costing includes .

Q. Imputed cost is a .

Q. The indicates the number of times the payables rotate in a year is _.

Q. Bin card is a record of.................. only.

Q. Stock control through stock levels and EOQ is called .

Q. LIFO method of pricing of materials is more suitable when.

Q. ……….is the consolidated summary of the various functional budgets.

Q. Opening stock + purchases + direct expenses – closing stock =