Which of the following operating measures would a manager would like to see decreasing over time?

Related MCQs

• Type of accounting which measures, reports and analyse non-financial and financial information to help in decision making is called:
• The time taken for initial unit of a product is 100 hours. At 80% learning rate what is the total time for 4 units.
• Operating costing is applicable to:
• For which of the following would zero based budgeting be most suitable?
• XYZ Ltd. makes a special gadget for the car it manufactures. The machine for the gadget works to full capacity and incurs Rs. 15 Lakhs and Rs. 40 Lakhs respectively as Variable and Fixed Costs. If all the gadgets were purchased from an outside supplier, the machine could be used to produce other items, which would earn a total contribution of Rs. 25 Lakhs. What is the maximum price that XYZ Ltd. should be willing to pay to the outside supplier for the gadgets, assuming there is no change in Fixed Costs?
• Idle time variance is always:
• In a factory Standard rate per hour Rs. 4, Standard time per unit of output – 20 hours, Units produced - 500, Actual hours worked - 12,000. Compute Labour Efficiency Variance.
• In a system whereby all activities are revaluated each time a budget is formulated and starts with the assumption that requirement of funds does not exist is called
• The management’s time is saved by reporting only the deviations from the predetermined standards is called
• The P/V ratio of a product is 0.4 and the selling price is Rs. 40 per unit. The marginal cost of the product would be,