The company announcement: SUCCESFUL SALE OF PLANT: 75 PER CENT OF 1,000 JOBS TO BE SAVED! The local newspaper headline: 250 JOBS TO GO AT PROCESSING PLANT What is illustrated here? (a) Availability heuristic ; (b) Judgemental bias ; (c) Overconfidence ; (d) Framing error

The company announcement: SUCCESFUL SALE OF PLANT: 75 PER CENT OF 1,000 JOBS TO BE SAVED! The local newspaper headline: 250 JOBS TO GO AT PROCESSING PLANT What is illustrated here? (a) Availability heuristic ; (b) Judgemental bias ; (c) Overconfidence ; (d) Framing error
by

1 Answer

Answer :

 (d) Framing error
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Related questions

The jackpot on a gaming machine has not 'dropped' for several weeks. Believing that the payout is imminent, a gambler feeds coins steadily to the machine. What does this behavior illustrate? (a) Escalation of commitment ; (b) A display of overconfidence (c) Decision making under uncertainty ; (d) Changing subjective probabilities

Description : The jackpot on a gaming machine has not 'dropped' for several weeks. Believing that the payout is imminent, a gambler feeds coins steadily to the machine. What does this behavior ... ) A display of overconfidence (c) Decision making under uncertainty ; (d) Changing subjective probabilities

Last Answer : (a) Escalation of commitment ;

Which one of the following falls into the category of offer? (a) Newspaper advertisement regarding sale. (b) Display of goods by a shopkeeper in his window with prices marked on them (c) An advertisement for a concert. (d) Announcement of reward to the public.

Description : Which one of the following falls into the category of offer? (a) Newspaper advertisement regarding sale. (b) Display of goods by a shopkeeper in his window with prices marked on them (c) An advertisement for a concert. (d) Announcement of reward to the public.

Last Answer : (d) Announcement of reward to the public.

Maintain 850 OC for 1 hour (soaking time).  Cool the material to 60 OC in 4 hours. a) Calculate the efficiency of the furnace, if the specific heat of steel is 0.12 kcal/kgOC and fuel oil consumption per batch is 1400 litres.  GCV of fuel oil - 10200 kcal/kg,  Cost of fuel oil - Rs. 46,000/kL,  Sp. gr. of fuel oil - 0.92. b) Due to high cost of oil, the plant management decides to convert to a lower operating cost LPG fired furnace lined on the inside with ceramic fibre insulation and with an operating efficiency of 80%, for same requirement. The investment towards installation of the new furnace is Rs. 50 lakhs. Calculate the Return on Investment, if the plant operates two batches per day and 250 days in a year.  Cost of LPG - Rs. 75/kg,  GCV of LPG - 12500 kcal/kg.

Description : In a heat treatment shop, steel components are heat-treated in batches of 80 Tons. The  heat treatment cycle is as follows;  Increase temperature from 30 OC to 850 OC in 3 hours.  ... efficiency of 80%, for same requirement. The investment towards installation of  the new furnace is Rs. 50

Last Answer : Quantity of steel treated per batch - 80 Tons a. Efficiency of Furnace: Useful heat supplied to steel - 80000 x 0.12 x (850 - 30)   = 7872000 kcal/batch .1 mark Total heat ... = Rs. 64400/batch Efficiency of new LPG furnace - 80% Heat supplied in new LPG furnace - 7872000/0.8

A transport company is running five buses between two towns, which are 50 kms apart. Seating capacity of each bus is 50 passengers. Actually passengers carried by each bus were 75% of seating capacity. All buses ran on all days of the month. Each bus made one round trip per day. Passenger kms are: (a) 2,81,250 (b) 1,87,500 (c) 5,62,500 (d) None of the above

Description : A transport company is running five buses between two towns, which are 50 kms apart. Seating capacity of each bus is 50 passengers. Actually passengers carried by each bus were 75% of seating capacity. All buses ran on all days of ... (a) 2,81,250 (b) 1,87,500 (c) 5,62,500 (d) None of the above

Last Answer : (c) 5,62,500

A small dairy farm daily produces 100 kilograms of average quality buffalo milk and sells it to an organised dairy at the rate of Rs. 100 per kilogram of total solids contained in the milk. How much would be the daily gross income of the farm from the sale of milk ? (A) Between Rs. 2,000 and Rs. 2,200 (B) Between Rs. 1,250 and Rs. 1,400 (C) Between Rs. 700 and Rs. 825 (D) Between Rs. 1,000 and Rs. 1,100 (E) Between Rs. 1,650 and Rs. 1,850

Description : A small dairy farm daily produces 100 kilograms of average quality buffalo milk and sells it to an organised dairy at the rate of Rs. 100 per kilogram of total solids contained in the milk. How much would be the daily gross ... (D) Between Rs. 1,000 and Rs. 1,100 (E) Between Rs. 1,650 and Rs. 1,850

Last Answer : (B) Between Rs. 1,250 and Rs. 1,400

If reading the AC voltage from the line lead of a 440 VAC controller the range switch illustrated should be set to ___________. EL-0047 A. 1,000 V B. 250 V C. R X 10,000 D. Unable to safely read with this meter.

Description : If reading the AC voltage from the line lead of a 440 VAC controller the range switch illustrated should be set to ___________. EL-0047 A. 1,000 V B. 250 V C. R X 10,000 D. Unable to safely read with this meter.

Last Answer : Answer: A

If reading the AC voltage from a typical wall outlet, the range switch of the device illustrated should be set to ___________. EL-0047 A. 1,000 V B. 250 V C. R X 10,000 D. 10 ma/amps

Description : If reading the AC voltage from a typical wall outlet, the range switch of the device illustrated should be set to ___________. EL-0047 A. 1,000 V B. 250 V C. R X 10,000 D. 10 ma/amps

Last Answer : Answer: B

. A job is budgeted to require 3,300 productive hours after incurring 25% idle time. If the total labour cost budgeted for the job is Rs36,300. What is the labour cost per hour( to the nearest cent)? (a) Rs 8.25 (b) Rs 8.80 (c) Rs 11.00 (d) Rs 14.67

Description : . A job is budgeted to require 3,300 productive hours after incurring 25% idle time. If the total labour  cost budgeted for the job is Rs36,300. What is the labour cost per hour( to the nearest cent)? (a) Rs 8.25 (b) Rs 8.80 (c) Rs 11.00 (d) Rs 14.67

Last Answer : (a) Rs 8.25

CG Co manufactures a single product T. Budgeted production output of product T during June is 200 units. Each unit of product T requires 6 labour hours for completion and CG Co anticipates 20 per cent idle time. Labour is paid at a rate of Rs7 per hour. The direct labour cost budget for March is (a) Rs 6,720 (b) 8,400 (c) 10,080 (d) 10,500

Description : CG Co manufactures a single product T. Budgeted production output of product T during June is  200 units. Each unit of product T requires 6 labour hours for completion and CG Co anticipates 20 per  cent idle time. Labour is paid at ... for March is (a) Rs 6,720 (b) 8,400 (c) 10,080 (d) 10,500

Last Answer : (d) 10,500

Which of the following is prohibited by the Code of Professional Ethics for CPAs? a. Use of a firm name which includes the name of a retired partner. b. Accepting an engagement or employment which one cannot reasonably expect to complete or discharge with professional competence. c. Announcement in a newspaper of the opening of a public accounting office. d. Engaging in civic activities during business hours

Description : Which of the following is prohibited by the Code of Professional Ethics for CPAs? a. Use of a firm name which includes the name of a retired partner. b. Accepting an engagement or ... newspaper of the opening of a public accounting office. d. Engaging in civic activities during business hours

Last Answer : Accepting an engagement or employment which one cannot reasonably expect to complete or discharge with professional competence

DGPS is based on the concept that bias errors in the position of locations in a given local area, are same if their distances are within (A) 25 km (B) 50 km (C) 75 km (D) 100 km

Description : DGPS is based on the concept that bias errors in the position of locations in a given local area, are same if their distances are within (A) 25 km (B) 50 km (C) 75 km (D) 100 km

Last Answer : Answer: Option D

George Thriftless is 45 years old, earns $50,000 per year, and expects that his future earnings will keep pace with inflation, but will not exceed inflation. He has not yet saved anything toward his retirement. His company does not offer any pension plan.?

Description : George Thriftless is 45 years old, earns $50,000 per year, and expects that his future earnings will keep pace with inflation, but will not exceed inflation. He has not yet saved anything toward his retirement. His company does not offer any pension plan.?

Last Answer : George Thriftless is 45 years old, earns $50,000 per year, and expects that his future earnings will keep pace with inflation, but will not exceed inflation. He has not yet saved anything toward ... expects to receive $12,000 per year in Social Security benefits, he cal­culates that he will have t

A company manufactures a single product for which cost and selling price data are as follows: Selling price per unit - Rs. 12 Variable cost per unit - Rs. 8 Fixed cost for a period - Rs. 98,000 Budgeted sales for a period - 30,000 units

Description : A company manufactures a single product for which cost and selling price data are as follows: Selling price per unit - Rs. 12 Variable cost per unit - Rs. 8 Fixed cost for a period - Rs. 98,000 Budgeted sales for a period - 30,000 units

Last Answer : (a) 20%

A company makes a single product and incurs fixed costs of Rs. 30,000 per annum. Variable cost per unit is Rs. 5 and each unit sells for Rs. 15. Annual sales demand is 7,000 units. The breakeven point is: (a) 2,000 units (b) 3,000 units (c) 4,000 units (d) 6,000 units

Description : A company makes a single product and incurs fixed costs of Rs. 30,000 per annum. Variable cost per unit is Rs. 5 and each unit sells for Rs. 15. Annual sales demand is 7,000 units. The breakeven point is: (a) 2,000 units (b) 3,000 units (c) 4,000 units (d) 6,000 units

Last Answer : (b) 3,000 units

In the context of decision making, which of the following best describes a heuristic? (a) A rule that a person relies upon to assess or categorise choices. (b) One of many personal learned rules that a person applies in the process of decision making. (c) A fixed set of internal rules that a person uses when making a decision. (d) An attitude that prefers to look at a question as a whole.

Description : In the context of decision making, which of the following best describes a heuristic? (a) A rule that a person relies upon to assess or categorise choices. (b) One of many personal learned rules that a ... uses when making a decision. (d) An attitude that prefers to look at a question as a whole.

Last Answer : (b) One of many personal learned rules that a person applies in the process of decision making. 

On an IQ test consisting of 250 questions, Jasvinder answered 40% of the first 125 questions correctly. What per cent of the other 125 questions does he need to answer correctly for his grade on the entire exam to be 60%? (a) 75% (b) 80% (c) 60% (d) Cannot be determined (e) None of these

Description : On an IQ test consisting of 250 questions, Jasvinder answered 40% of the first 125 questions correctly. What per cent of the other 125 questions does he need to answer correctly for his grade on the entire exam to be 60%? (a) 75% (b) 80% (c) 60% (d) Cannot be determined (e) None of these

Last Answer : (b) 80%

Process B had no opening inventory. 13,500 units of raw material were transferred in at Rs 4.50 per unit. Additional material at Rs1.25per unit was added in process. Labour and overheads were Rs 6.25 per completed unit and Rs 2.50 per unit incomplete. If 11,750completed units were transferred out, what was the closing inventory in Process B? (a) Rs. 6562.50 (b) Rs. 12,250.00 (c) Rs. 14,437.50 (d) Rs. 25,375.00

Description : Process B had no opening inventory. 13,500 units of raw material were transferred in at Rs 4.50  per unit. Additional material at Rs1.25per unit was added in process. Labour and overheads were Rs 6.25  per completed unit and Rs ... 6562.50 (b) Rs. 12,250.00 (c) Rs. 14,437.50 (d) Rs. 25,375.00

Last Answer : (a) Rs 142,485

subroutine declaration come after procedure announcement: a. Global b. Local c. Botha &b d. None of these

Description : subroutine declaration come after procedure announcement: a. Global b. Local c. Botha &b d. None of these

Last Answer : a. Global

An excavator costs Rs. 20,00,000 and has an estimated life of 8 years. It has no salvage value at the end of 8 years. The book value of the excavator at the end of 3 years using general double declining balance method is (A) Rs. 8,43,750 (B) Rs. 8,75,000 (C) Rs. 10,50,000 (D) Rs. 11,56,250

Description : An excavator costs Rs. 20,00,000 and has an estimated life of 8 years. It has no salvage value at the end of 8 years. The book value of the excavator at the end of 3 years using general double declining balance method is (A) Rs. 8,43,750 (B) Rs. 8,75,000 (C) Rs. 10,50,000 (D) Rs. 11,56,250

Last Answer : (A) Rs. 8,43,750

Male literacy rate in India according to 2001 census is - (1) 45.96 per cent (2) 56.38 per cent (3) 75.85 per cent (4) 64.13 per cent

Description : Male literacy rate in India according to 2001 census is - (1) 45.96 per cent (2) 56.38 per cent (3) 75.85 per cent (4) 64.13 per cent

Last Answer : (3) 75.85 per cent Explanation: As per the 2001 Census, the literacy rate of India increased from 18.33% in 1951 to 64.84% in 2001. The male literacy rate increased to 75.26%, which showed an ... at a much faster rate of 14.38%. According to 2011 census, male literacy rate in India is 80.9%.

If the radius of a circle is increased by 50 per cent. Its area is increased by: (A) 125 per cent (B) 100 per cent (C) 75 per cent (D) 50 per cent

Description : If the radius of a circle is increased by 50 per cent. Its area is increased by: (A) 125 per cent (B) 100 per cent (C) 75 per cent (D) 50 per cent

Last Answer : Answer: A Area of circle = pie * Radius *Radius. Suppose radius is 100 Hence Area= 3.14 *100 *100 =31400 Radius increase by 50% i.e 150 Therefore Area = 3.14 *150 *150 =70650 which is 125 % of original

In the illustrated circuit, the amplifier is connected in what basic configuration? EL-0022 A. common base B. reverse bias, negative feedback C. common emitter D. common collector

Description : In the illustrated circuit, the amplifier is connected in what basic configuration? EL-0022 A. common base B. reverse bias, negative feedback C. common emitter D. common collector

Last Answer : Answer: C

In the illustrated circuit, what is the phase relationship of the amplifier output compared to the input? EL-0022 A. 0° in-phase B. 180° out of phase C. phase angle of the input divided by power factor D. unable to determine without the value of the bias voltage

Description : In the illustrated circuit, what is the phase relationship of the amplifier output compared to the input? EL-0022 A. 0° in-phase B. 180° out of phase C. phase angle of the input divided by power factor D. unable to determine without the value of the bias voltage

Last Answer : Answer: B

A number 168 was misread as 24. Find the reading error in per cent. a) 25.7 b) 42.8 c) 42.6 d) 85.7 e) 98.6

Description : A number 168 was misread as 24. Find the reading error in per cent. a) 25.7 b) 42.8 c) 42.6 d) 85.7 e) 98.6

Last Answer : Answer: D Error = 168 – 24 = 144 Therefore, % error = 144/168 [Since, we know decrease% = decrease in value/original value × 100 %]  = 144/168 × 100  = 85.7 %

Hill climbing sometimes called ____________ because it grabs a good neighbor state without thinking ahead about where to go next. a) Needy local search b) Heuristic local search c) Greedy local search d) Optimal local search

Description : Hill climbing sometimes called ____________ because it grabs a good neighbor state without thinking ahead about where to go next. a) Needy local search b) Heuristic local search c) Greedy local search d) Optimal local search

Last Answer : c) Greedy local search

An Artificial Intelligence technique that allows computers to understand associations and relationships between objects and events is called _____________ a) heuristic processing b) cognitive science c) relative symbolism d) pattern matching

Description : An Artificial Intelligence technique that allows computers to understand associations and relationships between objects and events is called _____________ a) heuristic processing b) cognitive science c) relative symbolism d) pattern matching

Last Answer : c) relative symbolism

What are the two subfields of Natural language processing? a) symbolic and numeric b) time and motion c) algorithmic and heuristic d) understanding and generation

Description : What are the two subfields of Natural language processing? a) symbolic and numeric b) time and motion c) algorithmic and heuristic d) understanding and generation

Last Answer : c) algorithmic and heuristic

An AI technique that allows computers to understand associations and relationships between objects and events is called: a. heuristic processing b. cognitive science c. relative symbolism d. pattern matching

Description : An AI technique that allows computers to understand associations and relationships between objects and events is called: a. heuristic processing b. cognitive science c. relative symbolism d. pattern matching

Last Answer : d. pattern matching

A bidirectional feedback loop links computer modelling with: a. artificial science b. heuristic processing c. human intelligence d. cognitive science

Description : A bidirectional feedback loop links computer modelling with: a. artificial science b. heuristic processing c. human intelligence d. cognitive science

Last Answer : d. cognitive science

If you were written about in the newspaper, on the front page, what would the headline say?

Description : If you were written about in the newspaper, on the front page, what would the headline say?

Last Answer : Vietnam Veteran Dies While Motorcycle Riding ( Film at eleven! )

Placing headline against each other in newspaper terms is known as: a) Boxes b) Dummy c) Tomb stoning d) Make Up

Description : Placing headline against each other in newspaper terms is known as: a) Boxes b) Dummy c) Tomb stoning d) Make Up

Last Answer : c) Tomb stoning

If super profit is Rs. 4‚000 and normal rate of return is 8 per cent, the amount of goodwill will be– (A) Rs. 40‚000 (B) Rs. 50‚000 (C) Rs. 4‚00‚000 (D) Rs. 5‚000

Description : If super profit is Rs. 4‚000 and normal rate of return is 8 per cent, the amount of goodwill will be– (A) Rs. 40‚000 (B) Rs. 50‚000 (C) Rs. 4‚00‚000 (D) Rs. 5‚000

Last Answer : Answer: Rs. 50‚000

A project has a 60% chance of a $100,000 profit and a 40 per cent of a US $100,000 loss. The Expected Monetary Value for the project is A. $100,000 profit B. $60,000 loss C. $ 20,000 profit D. $40,000 loss

Description :  A project has a 60% chance of a $100,000 profit and a 40 per cent of a US $100,000  loss. The Expected Monetary Value for the project is  A. $100,000 profit  B. $60,000 loss  C. $ 20,000 profit  D. $40,000 loss

Last Answer : C. $ 20,000 profit

.Kamya purchased an item for Rs 46,000 and sold it at a loss of 12 per cent. With that amount she purchased another item which he sold at a gain of 12%. What was her overall gain/loss? 1. Loss of Rs 662.40 2. Profit of Rs 662.40 3. Loss of Rs 642.80 4. Profit of Rs 642.80

Description : .Kamya purchased an item for Rs 46,000 and sold it at a loss of 12 per cent. With that amount she purchased another item which he sold at a gain of 12%. What was her overall gain/loss? 1. Loss of Rs 662.40 2. Profit of Rs 662.40 3. Loss of Rs 642.80 4. Profit of Rs 642.80

Last Answer : 2. Profit of Rs 662.40

In the illustrated circuit the voltage is 12 VDC and the resistance is 3 ohms. If the battery is rated for 120 amp-hours, how long before the voltage will drop to 1.75 volts per cell? EL-0018 A. 12 hours B. 1.75 days C. 30 hours D. 2.5 days

Description : In the illustrated circuit the voltage is 12 VDC and the resistance is 3 ohms. If the battery is rated for 120 amp-hours, how long before the voltage will drop to 1.75 volts per cell? EL-0018 A. 12 hours B. 1.75 days C. 30 hours D. 2.5 days

Last Answer : Answer: C

The following data, relates to manufacturing company for the year 2006-07– Net Profit as per P & L A/c–Rs. 2,40,000; Depreciation–Rs. 80,000; Goodwill written-off– Rs. 40,000, Profit on Sale of Fixed Assets–Rs. 16,000, Proposed Dividend–Rs. 96,000. The fund from operation would be– (A) Rs. 4,40,000 (B) Rs. 4,00,000 (C) Rs. 6,40,000 (D) None of the above

Description : The following data, relates to manufacturing company for the year 2006-07- Net Profit as per P & L A/c-Rs. 2,40,000; Depreciation-Rs. 80,000; Goodwill written-off- Rs. 40,000, Profit on Sale of Fixed Assets-Rs. 16,000, ... ) Rs. 4,40,000 (B) Rs. 4,00,000 (C) Rs. 6,40,000 (D) None of the above

Last Answer : Answer: None of the above

In computer security, __________means that computer system assets can be modified only by authorized parities. i) Confidentiality ii) Integrity iii) Availability iv) Authenticity

Description : In computer security, __________means that computer system assets can be modified only by authorized parities. i) Confidentiality ii) Integrity iii) Availability iv) Authenticity

Last Answer : ii) Integrity

. Which of the following is not a reason for an idle time variance? (a) Wage rate increase (b) Machine breakdown (c) Illness or injury to worker (d) Non- availability of material

Description : . Which of the following is not a reason for an idle time variance? (a) Wage rate increase (b) Machine breakdown (c) Illness or injury to worker (d) Non- availability of material

Last Answer : (a) Wage rate increase

The P/v ratio of a company is 50% and margin of safety is 40%. If present sales is Rs. 30,00,000 then Break Even Point in Rs. will be (a) Rs. 9,00,000 (b) Rs. 18,00,000 (c) Rs. 5,00,000 (d) None of the above

Description : The P/v ratio of a company is 50% and margin of safety is 40%. If present sales is Rs. 30,00,000 then Break Even Point in Rs. will be (a) Rs. 9,00,000 (b) Rs. 18,00,000 (c) Rs. 5,00,000 (d) None of the above

Last Answer : (b) Rs. 18,00,000

How many units must be sold if company wants to achieve a profit of Rs. 11,000 for the year? (a) 2,500 units (b) 9,833 units (c) 10,625 units (d) 13,409 units

Description : How many units must be sold if company wants to achieve a profit of Rs. 11,000 for the year? (a) 2,500 units (b) 9,833 units (c) 10,625 units (d) 13,409 units

Last Answer : (d) 13,409 units

Following information is available of PQR for year ended March, 2013: 4,000 units in process, 3,800 units output, 10% of input is normal wastage, Rs. 2.50 per unit is scrap value and Rs. 46,000 incurred towards total process cost then amount on account of abnormal gain to be transferred to Costing P&L will be:- (a) Rs. 2,500 (b) Rs. 2,000 (c) Rs. 4,000 (d) Rs. 3,500

Description : Following information is available of PQR for year ended March, 2013: 4,000 units in process, 3,800 units output, 10% of input is normal wastage, Rs. 2.50 per unit is scrap value and Rs. 46,000 incurred towards total process cost ... be:- (a) Rs. 2,500 (b) Rs. 2,000 (c) Rs. 4,000 (d) Rs. 3,500

Last Answer : (a) Rs. 2,500

Following information is available of XYZ Limited for quarter ended June, 2013 Fixed cost Rs. 5,00,000 Variable cost Rs. 10 per unit Selling price Rs. 15 per unit Output level 1,50,000 units

Description : Following information is available of XYZ Limited for quarter ended June, 2013 Fixed cost Rs. 5,00,000 Variable cost Rs. 10 per unit Selling price Rs. 15 per unit Output level 1,50,000 units

Last Answer : (a) Rs. 2,50,000

The cost per unit of a product manufactured in a factory amounts to Rs. 160 (75% variable) when the production is 10,000 units. When production increases by 25%, the cost of production will be Rs. per unit. (a) Rs. 145 (b) Rs. 150

Description : The cost per unit of a product manufactured in a factory amounts to Rs. 160 (75% variable) when the production is 10,000 units. When production increases by 25%, the cost of production will be Rs. per unit. (a) Rs. 145 (b) Rs. 150

Last Answer : (c) Rs. 152

After inviting tenders for supply of raw materials, two quotations are received as follows— Supplier P Rs. 2.20 per unit, Supplier Q Rs. 2.10 per unit plus Rs. 2,000 fixed charges irrespective of the units ordered. The order quantity for which the purchase price per unit will be the same— (a) 22,000 units (b) 20,000 units (c) 21,000 units (d) None of the above.

Description : After inviting tenders for supply of raw materials, two quotations are received as follows- Supplier P Rs. 2.20 per unit, Supplier Q Rs. 2.10 per unit plus Rs. 2,000 fixed charges irrespective of the units ordered. The ... (a) 22,000 units (b) 20,000 units (c) 21,000 units (d) None of the above.

Last Answer : (b) 20,000 units

A company's break even point is 6,000 units per annum. The selling price is Rs. 90 per unit and the variable cost is Rs. 40 per unit. What are the company's annual fixed costs? (a) Rs. 120 (b) Rs. 2,40,000

Description : A company's break even point is 6,000 units per annum. The selling price is Rs. 90 per unit and the variable cost is Rs. 40 per unit. What are the company's annual fixed costs? (a) Rs. 120 (b) Rs. 2,40,000

Last Answer : 5,40,000

The actual output of 162,500 units and actual fixed costs of Rs. 87000 were exactly as budgeted. However, the actual expenditure of Rs 300,000 was Rs. 18,000 over budget. What was the budget variable cost per unit?

Description :  The actual output of 162,500 units and actual fixed costs of Rs. 87000 were exactly as budgeted.  However, the actual expenditure of Rs 300,000 was Rs. 18,000 over budget. What was the budget variable cost per unit?

Last Answer : (a) Rs 1.20

From the following information, calculate the extra cost of material by following EOQ: Annual consumption: = 45000 units Ordering cost per order: = Rs. 10 Carrying cost per unit per annum: = Rs. 10 Purchase price per unit = Rs. 50 Re-order quantity at present = 45000 units There is discount of 10% per unit in case of purchase of 45000 units in bulk. (a) No saving (b) Rs. 2,00,000 (c) Rs. 2,22,010 (d) Rs. 2,990

Description : From the following information, calculate the extra cost of material by following EOQ: Annual consumption: = 45000 units Ordering cost per order: = Rs. 10  Carrying cost per unit per annum: = Rs. 10  Purchase price per unit = Rs. ... ) No saving (b) Rs. 2,00,000 (c) Rs. 2,22,010 (d) Rs. 2,990

Last Answer : (d) Rs. 2,990

Warning about cyclonic disaster is convened through a. Newspaper b. Radio network c. Television d. All of the Above

Description : Warning about cyclonic disaster is convened through a. Newspaper b. Radio network c. Television d. All of the Above

Last Answer : d. All of the Above