1. Down time due to defect in quality is an example of
2. Which one of the following important pillars of Strategic Cost Management determines the company's comparative position in the Industry in terms of performance?
3. A production of ZON Ltd. has the capacity to produce either 4000 units of A, or 3500 units of B or 5000 units of C. Only one product can be made in a production period. The contributions per unit of A, B and C are ₹ 10, ₹ 11 and ₹ 8 respectively. The opportunity cost of A would be:
4. ROBINSON Ltd., a manufacturing company has a break-even point, when sales are 10 lakh and fixed costs of 4 lakh. To realize profits of 2 lakh from sales of 300000 units, the selling price per unit will be:
5. AMON Ltd., plans to introduce a new product ZOS and is using Target cost approach. The selling price of product ZOS is set at ₹ 120 for each unit and sales revenue for the coming year is expected to be 9,60,000. The Co. requires a return of 15% on the coming year on its investment of 20 lakh. What is the Target Cost per unit for the coming year?
6. The highest negative opportunity cost value in an unused cell of a Transportation Matrix is chosen to improve the current solution because -
7. RRS, a manufacturer of large windows, is experiencing a bottleneck in its plant. Setup time at one of its workstations has been identified as the culprit. A manager has proposed a plan to reduce setup time at a cost of ₹ 7,20,000. The change will result in 800 additional windows. The selling price per window is ₹ 18,000, direct labour costs are ₹ 3,000 per window, and the cost of direct materials is ₹ 7,000 per window. Assume all units produced can be sold. The change will result in an increase in the throughput contribution of:
8. An employee of ROB Ltd. took 200 minutes to complete the first set up on a new machine. Using a 90% incremental unit time learning model indicates that the second set up on the new machine is expected to take:
9. The drive-up window of a fast-food operation was being studied using simulation for a variety of operating characteristics. As part of the study, data was collected on Order Processing Time as given in the following table. Using the first two digits of the Random Numbers, determine the processing time that would be used to simulate the fifth sample.
10. A Co. producing output X and Y uses standard costing. The standard overhead contents of each product is:
X: ₹ 3 per unit and Y: ₹ 2.25 per unit.
The budgeted overhead is ₹ 860 and budgeted time is 3440 hours.
Actual Output: X 200 units and Y 100 units.
Actual time: 3200 hours
Actual overhead: ₹ 875. Compute Overhead Volume variance.
11. The value of the game of
12. The slack time of tail event of activity Z of a project is 2 days. If the Total Float and Free float of the activity Z are 10 days and 7 days respectively, the Independent float of activity Z will be:
13. Which of the following has no relation to Business Intelligence?
14. Which of the following is/are the Financial analytics tools?
15. Which of the following is not a part of qualitative type of forecasting techniques?