Costing MCQ Questions and Solutions with Explanations | Commerce

A. Rs. 60,000

B. Rs. 1,00,000

C. Rs. 1,20,000

D. Rs. 1,80,000

A. Operating ratio

B. Sales turnover ratio

C. Current ratio

D. Acid test ratio

A. Contractor

B. Contractee

C. Both A and B

D. None of these

A. Increasing selling price

B. Altering sales mixture

C. Reducing the variable cost

D. All of the above

A. The value of materials, labour and other expenses

B. Contract value

C. Percentage of profit

D. None of the above

A. Optional

B. Mandatory for private limited companies

C. Mandatory for listed companies

D. Mandatory for all companies

A. $$\frac{{{\text{Profit}}}}{{\frac{{\text{P}}}{{\text{V}}}{\text{ratio}}}}$$

B. $$\frac{{{\text{Fixed Cost}}}}{{{\text{Contribution}}}}$$

C. $$\frac{{{\text{Break Even Sales}}}}{{{\text{Sales}}}}$$

D. $$\frac{{{\text{Profit}}}}{{{\text{Sales}}}}$$

A. Proprietors ratio

B. Stock-turnover ratio

C. Debt-equity ratio

D. All of the above

A. fixed

B. variable

C. Both A and B

D. None of these

A. Maximum level

B. Re-order level

C. Minimum level

D. Re-order quantity