A company manufactures a single product for which cost and selling price data are as follows:Selling price per unit - Rs 12Variable cost per unit - Rs 8Fixed cost for a period - Rs 98,000Budgeted sales for a period - 30,000 unitsThe margin of safety, expressed as a percentage of budgeted sales,is:
A). 20%
B). 25%
C). 73%
D). 125%
A company makes a single product and incurs fixed costs of Rs 30,000 per annum. Variable cost per unit is Rs 5 and each unit sells for Rs 15. Annual sales demand is 7,000 units. The breakeven point is:
A). 2,000 units
B). 3,000 units
C). 4,000 units
D). 6,000 units
"The following information is available for the W hotel for the latest thirty day period.Number of rooms available per night 40Percentage occupancy achieved 65%Room servicing cost incurred Rs 3900The room servicing cost per occupied room-night last period, to the nearest Rs, was:"
A). Rs 3.25
B). Rs 5.00
C). Rs 97.50
D). Rs 150.00
"Calculate the most appropriate unit cost for a distribution division of a multinational company using the following information.Miles travelled 636,500Tonnes carried 2,479Number of drivers 20Hours worked by drivers 35,520Tonnes miles carried 375,200Cost incurred 562,800"
A). Rs .88
B). Rs 1.50
C). Rs 15.84
D). Rs28, 140
Which of the following organisations should not be advised to use service costing?
A). Distribution service
B). Hospital
C). Maintenance division of a manufacturing company
D). A light engineering company