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Management will make what kind of decision when there will be surplus cash in hand for a certain period?
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Production cost budget is based on which of the following cost?
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The Environmental Filter Company is planning to sell air filter systems for Rs. 2,500 per unit. Variable costs are Rs. 1,500 per unit and total fixed costs are Rs. 1,000,000. What is the value of sales necessary to break even?Select correct option:
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Top of Form
Amount of Depreciation on fixed assets will be fixed in nature if calculated under which of the following method?Select correct option:
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Top of Form
Which of the following is relied on by all other items in the master budget:?Select correct option:
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Usually the first step in the production of the master budget is the:Select correct option:
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The point at which the cost line intersects the sales line will be called:
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Which of the following is true of the manufacturing overhead budget?Select correct option:
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Top of Form
Consider the following data for the month of April: Closing stock 80 units,Production 280 units,Sales 330 units Based on the data, the opening stock for April will have to be:Select correct option:
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Production cost budget is also known as:Select correct option:
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If one would prepare a graph with a horizontal axis representing units of production and a vertical axis representing per-unit production cost, how would a line representing fixed production cost is drawn?
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While constructing production budget, numbers of units manufactured are calculated by which of the following formula?
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A master budget in a service organization will typically include a
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Which of the following is/are true for construction of conventional break-even chart?
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Flexible budget is based on which of the following capacity?Select correct option:
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Information concerning Label Corporation’s Product A is as follows: Sales price Rs. 300,000,Variable cost Rs. 240, 000, Fixed Cost is Rs. 40,000.If Label increased sale price of Product A by 20%, the profit of the product A would be which of the following?Select correct option:
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Which of the following is not a cash outflow?
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In which of the following way the last month closing inventory figure will be treated?
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