the production of a machine in first week of a new model was 150. if it common to fall at the ratee of 2% per week, then find total output in first 53 weeks from the commencement of production
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Answer:
The figures in the margin on the right side indicate full marks.
QUESTION 1, which is compulsory. Attempt all of them.
Section-A has three questions. Attempt any two of them.
Section-B has two questions. Attempt any one of them.
Section-C has three questions. Attempt any two of them.
Please: 1. Write answers to all parts of a question together.
2. Open a new page for answer to a new question.
3. Attempt the required number of questions only.
1. Answer all questions:
(a) ANKIT LTD. operates a throughput accounting system. The details of product B-1 per unit are as
under:
Selling price ` 30
Material Cost ` 12
Conversion Cost ` 15
Time on bottleneck resources 6 minutes
Calculate the Return per hour for Product B-1. 2
(b) The following figures have been given for Profit and Sales from the accounts of ZEESLIN LTD.
Year Sales (`) Profit (`)
2011
2012
2,00,000
3,00,000
20,000
40,000
Calculate the sales required to earn a Profit of ` 50,000. 2
(c) In a factory of ARITAN LTD. operating Standard Costing System, 2,000 kgs of a material @
` 12 per kg were used for a product, resulting in price variance of ` 6,000 (FAV) and
usage variance of ` 3,000 (ADV). What is the standard material cost of actual production
of a product ? 2
(d) The cost per unit of a product manufactured in a factory of ZENION LTD. amounts to `
160 (75% variable) when production is 10,000 units. If the production increases by 25% what
would be the cost of production per unit? 2
(e) What are the limitations of Inter-firm comparison? 2
(f) ARIHANT LTD. is a 100% EOU as per the policy announced under the Foreign Trade
Policy but is not registered under the provisions of Foreign Trade Policy. Will this