Internal transfer of process at profit _________ of the company

Related MCQs

• Given production is 1,00,000 units, fixed costs is Rs 2,00,000 Selling price is Rs 10 per unit and variable cost is Rs 6 per unit. Determine profit using technique of marginal costing.
• When fixed cost is Rs. 20,000 and Profit volume ratio is 25 per cent, then breakeven point will occur at
• If profit-volume ratio is 25 per cent and sales is Rs. 100,000, the variable cost will be
• __________ contains the picture of total plans during the budget period and it comprises information relating to sales, profit, cost, production etc.
• A management concept under which all managers and employees at all stages of company operations strive toward higher standards and a reduced number of defective units are called:
• The following information belongs to John Manufacturing Company that uses a standard costing system: • Basic wage rate:Rs.12 per hour • Fringe benefits: Rs. 2 per hour • Basic time: 2 hours per unit • Allowance for down time: 0.3 hours per unit • Allowance for brakes: 0.2 hours per unit Based on the above information, what is the standard direct labor cost per unit?
• A budgeting process which demands each manager to justify his entire budget in detail from beginning is