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Q. Company has a material standard of 1.1 kg. per unit of output. Each kg. has a standard price of Rs.25 per. Company paid Rs.1,18,800? for 5,100 kg. which they used to produce 4,900 units. What is the direct materials quantity variance?

Q. Net Profit ratio is calculated by

Q. Which of the following would be consistent with a conservative approach to financing working capital?

Q. When the actual cost is less than the standard cost, the difference is termed as

Q. Which of the following shows details and results of the company's profitrelated activities for a period of time?

Q. Return on capital employed shows the ________ of a firm.

Q. Margin of safety is equal to

Q. …………………..costs are pre-determined targets adainst which actual results are evaluated.

Q. Firms which are capital intensive rely on _________.

Q. __________ is a situation in which actual profits of a company are not sufficient enough to pay interest on debentures, on loans and pay dividends on shares over a period of time?