Study questions platform-wide or filter by specific tests with correct answers revealed.
Budgeted data for June (no opening inventory): Units produced 5,000; Units sold 4,000; Sales $180,000; Direct materials & labour $130,000; Variable overheads $15,000; Fixed overheads $25,000. What is the budgeted profit using marginal costing?
Option A ($10,000) is correct.
Variable cost per unit = ($130,000 + $15,000) ÷ 5,000 = $29
Variable cost of sales (4,000 units) = $116,000
Contribution = $180,000 − $116,000 = $64,000
Profit = $64,000 − $25,000 (fixed overheads) − $29,000 (closing inventory adjustment) = $10,000
- \(25 = 5^2\)
- \(30 = 2 \times 3 \times 5\)
- \(35 = 5 \times 7\)
- \(40 = 2^3 \times 5\)
According to which Muslim philosopher is the state a moral institution designed to achieve the common good for the 'Millah' (nation)?
Nizam-ul-Mulk Tusi in 'Siyasatnama' emphasizes the state's role in maintaining justice and moral order.
- With dilute $HNO_{3}$: $4Zn + 10HNO_{3} \rightarrow 4Zn(NO_{3})_{2} + 5H_{2}O + N_{2}O$ (Nitrous oxide)
- With concentrated $HNO_{3}$: $Zn + 4HNO_{3} \rightarrow Zn(NO_{3})_{2} + 2H_{2}O + 2NO_{2}$ (Nitrogen dioxide)
Sign in to join the conversation and share your thoughts.
Log In to Comment