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Q. Purpose of Management Accounting is to –

Q. Which of the following is not likely to be a reason of unfavourable direct labour efficiency variance?

Q. Factory overhead is Rs 3,00,000 and direct material cost is Rs 5,00,000 What is the overhead rate under direct material cost method?

Q. R&D budget and Capital expenditure budget are examples of

Q. Given standard time per unit is 80 hours, standard time per hour @ Rs 1 per hour, actual time per unit is 90 hours and actual rate per hour @ Rs 1.10 per hour. Determine labour cost variance, labour rate variance and labour efficiency variance.

Q. Usually the production budget is stated in terms of…

Q. Which of the following statements correctly distinguishes between financial and management accounting?

Q. Which matters are taken into consideration while preparing production budget ?

Q. Which of the following financial statements is also known as a statement of financial position?

Q. Plant utilization budget and Manufacturing overhead budgets are types of.