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5. Comment on the fixed cost per unit and variable cost per unit if level of production change within full capacity. If fixed cost per unit is Rs.100 and variable cost per unit is Rs. 100 a current level of production of 5000 units. What will be total cost per unit, fixed cost per un: and variable cost per unit at 9000 units of production and at its full capacity i.e., 14000 unit of production. 6. For producing one unit of a product, the materials standard is: Material X: 6 kg. @ Rs 8 per kg., and Material Y: 4 kg. @ Rs 10 per kg. In a week, 1,000 units were produced the actual consumption of materials was: Material X: 5,900 kg. @ Rs 9 kg., and Material Y: 4,800 kg. @ Rs 9.50 per kg. Compute Material Price Variance, Material Usage Variance, Material Cost Variance and Material Yield Variance. 7. From the following forecasts of income and expenditure, prepare a cash budget for three months January 2015 to March 2015. (Amount in Rs.) Sales Purchase Manufacturing Administrative Months Wages (Credit) 30000 (Credit) 15000 expenses 1150 expenses 1060 Nov. 2014 3000

5. Comment on the fixed cost per unit and variable cost per unit if level of production change within full capacity. If fixed cost per unit is Rs.100 and variable cost per unit is Rs. 100 a current level of production of 5000 units. What will be total cost per unit, fixed cost per un: and variable cost per unit at 9000 units of production and at its full capacity i.e., 14000 unit of production. 6. For producing one unit of a product, the materials standard is: Material X: 6 kg. @ Rs 8 per kg., and Material Y: 4 kg. @ Rs 10 per kg. In a week, 1,000 units were produced the actual consumption of materials was: Material X: 5,900 kg. @ Rs 9 kg., and Material Y: 4,800 kg. @ Rs 9.50 per kg. Compute Material Price Variance, Material Usage Variance, Material Cost Variance and Material Yield Variance. 7. From the following forecasts of income and expenditure, prepare a cash budget for three months January 2015 to March 2015. (Amount in Rs.) Sales Purchase Manufacturing Administrative Months Wages (Credit) 30000 (Credit) 15000 expenses 1150 expenses 1060 Nov. 2014 3000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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5. Comment on the fixed cost per unit and variable cost per unit if level of production changes within full capacity. If fixed cost per unit is Rs.100 and variable cost per unit is Rs. 100 at current level of production of 5000 units. What will be total cost per unit, fixed cost per unit and variable cost per unit at 9000 units of production and at its full capacity ie., 14000 units of production. 6. For producing one unit of a product, the materials standard is: Material X: 6 kg. @ Rs 8 per kg., and Material Y: 4 kg. @ Rs 10 per kg. In a week, 1,000 units were produced the actual consumption of materials was: Material X: 5,900 kg. @ Rs 9 kg., and Material Y: 4,800 kg. @ Rs 9.50 per kg. Compute Material Price Variance, Material Usage Variance, Material Cost Variance and Material Yield Variance. 7. From the following forecasts of income and expenditure, prepare a cash budget for three months January 2015 to March 2015 (Amount in Rs Administrative Manufacturing Sales (Credit) 30000 Purchase (Credit) Months Wages expenses 1150 1225 expenses 1060 1040. Nov. 2014 15000 3000 2014 35000 00
Transcribed Image Text:5. Comment on the fixed cost per unit and variable cost per unit if level of production changes within full capacity. If fixed cost per unit is Rs.100 and variable cost per unit is Rs. 100 at current level of production of 5000 units. What will be total cost per unit, fixed cost per unit and variable cost per unit at 9000 units of production and at its full capacity ie., 14000 units of production. 6. For producing one unit of a product, the materials standard is: Material X: 6 kg. @ Rs 8 per kg., and Material Y: 4 kg. @ Rs 10 per kg. In a week, 1,000 units were produced the actual consumption of materials was: Material X: 5,900 kg. @ Rs 9 kg., and Material Y: 4,800 kg. @ Rs 9.50 per kg. Compute Material Price Variance, Material Usage Variance, Material Cost Variance and Material Yield Variance. 7. From the following forecasts of income and expenditure, prepare a cash budget for three months January 2015 to March 2015 (Amount in Rs Administrative Manufacturing Sales (Credit) 30000 Purchase (Credit) Months Wages expenses 1150 1225 expenses 1060 1040. Nov. 2014 15000 3000 2014 35000 00
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