Sales margin variance due to sales quantities is measured as

Related MCQs

• Labour Efficiency Variance is the sum total of I)Labour Mix variance II)Labour Cost Variance III)Idle time Variance IV)Labour yield variance
• The sub-variance of material usage variance, known as Material mix variance is measured as
• Given standard time per unit is 80 hours, standard time per hour @ Rs 1 per hour, actual time per unit is 90 hours and actual rate per hour @ Rs 1.10 per hour. Determine labour cost variance, labour rate variance and labour efficiency variance.
• Material price, mix, usage and revised quantity variances are measured on _______ basis, whereas material yield variance is measured on _______ basis.
• While calculating material mix variance, if revised standard quantity is greater than actual quantity, the variance is
• Actual Sales=40,000 and Break Even Point =25,000.Calculate Margin of safety(MOS).
• Sales for desired profit is measured as
• When Profit is Rs.5000 and P/V ratio is 20%, Margin of Safety is---------
• Contribution margin center is also known as
• Margin of safety is equal to