Management Accounting

Given Production at 60% activity, 600 units, Material Rs 50 per unit, Labour Rs 20 per unit, Direct expenses Rs 5 per unit, Factory overheads Rs 20,000 ( 60% variable) and Administration expenses Rs 15,000 ( 60% fixed). What will be the total cost per unit for production at 80% capacity?

• Rs 1,01,000

• Rs 126.25

• Rs 122

• Rs 1,22,000

A factory produces two types of articles Y and Z. Article Y takes 8 hours to make and Z takes 16 hours. In a month ( 25 days * 8 hours) 600 units of X and 400 units of Z are produced. Given budgeted hours 8000 per month and men employed are 50. Determine Activity ratio, Capacity ratio and efficiency ratio.

• 112%, 140%, 140%

• 140%, 112%, 140%

• 140%, 140%, 112%

• None of the above

Plant utilization budget and Manufacturing overhead budgets are types of

• Production budget

• Sales budget

• Cost budget

• None of the above

The process of budgeting helps in the control of

• Cost of production

• Liquidity

• Capital Expenditure

• All of the above

R&D budget and Capital expenditure budget are examples of

• Short-term budget

• Current budget

• Long-term budget

• None of the above