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mgt402

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Quiz Start Time: 06:40 PM
Time Left 82
sec(s)
Question # 1 of 10 ( Start time: 06:40:39 PM ) Total Marks: 1
While calculating the EOQ, number of orders is calculated by:
Select correct option:
Multiplying the required units with cost per order
Dividing required unit by ordered quantity
Multiplying the required units with ordered quantity
Multiplying the ordered quantity with cost per order

2

Quiz Start Time: 06:40 PM
Time Left 86
sec(s)
Question # 2 of 10 ( Start time: 06:42:01 PM ) Total Marks: 1
“Taking steps for the fresh purchase of those stocks which have been exhausted and for which requisitions are to be honored in future” is an easy explanation of:
Select correct option:
Overstocking
Under stocking
Replenishment of stock
Acquisition of stock

3

Quiz Start Time: 06:40 PM
Time Left 87
sec(s)
Question # 3 of 10 ( Start time: 06:42:48 PM ) Total Marks: 1
Select correct option:
Factory Rent
Property Tax
Salaries of Factory Clerk
All of the given

4

Quiz Start Time: 06:40 PM
Time Left 87
sec(s)
Question # 4 of 10 ( Start time: 06:43:30 PM ) Total Marks: 1
Weighted average cost per unit is calculated by which of the following formula?
Select correct option:
Cost of goods issued/number of units issued
Total cost/total units
Cost of goods manufactured/closing units
Cost of goods sold/total units

2

Quiz Start Time: 06:40 PM
Time Left 88
sec(s)
Question # 5 of 10 ( Start time: 06:44:05 PM ) Total Marks: 1
Which of the following is/are reasons of abnormal loss?
Select correct option:
Defective material used
Machine breakdown
Poor workmanships
All of the given

2

Quiz Start Time: 06:40 PM
Time Left 88
sec(s)
Question # 6 of 10 ( Start time: 06:44:56 PM ) Total Marks: 1
A chemical process has normal wastage of 10% of input. In a period, 2,500 Kg of material were input and there was abnormal loss of 75 Kg. What quantity of good production was achieved?
Select correct option:
2,175 kg
2,250 kg
2,425 kg
2,500 kg 1

Quiz Start Time: 06:40 PM
Time Left 88
sec(s)
Question # 7 of 10 ( Start time: 06:45:45 PM ) Total Marks: 1
Under LIFO method the value of issues is close to:
Select correct option:
Second hand price
Current market price
Historical cost
All of given options

3

Quiz Start Time: 06:40 PM
Time Left 88
sec(s)
Question # 8 of 10 ( Start time: 06:46:17 PM ) Total Marks: 1
If, COGS = Rs. 50,000 GP Margin = 25% of sales What will be the value of Sales?
Select correct option:
Rs. 200,000
Rs. 66,667
Rs. 62,500
None of the given options 2

Quiz Start Time: 06:40 PM
Time Left 89
sec(s)
Question # 9 of 10 ( Start time: 06:46:51 PM ) Total Marks: 1
Which of the following would be considered to be an investment centre?
Select correct option:
Managers have control over marketing
Management have a sales team
Management have a sales team and are given a credit control function
Managers can purchase capital assets and are given a credit control function

4

Quiz Start Time: 06:40 PM
Time Left 88
sec(s)
Question # 10 of 10 ( Start time: 06:47:38 PM ) Total Marks: 1
Which of the following is / are element / s of production payroll?
Select correct option:
Direct labor force wages
Selling wages
All of the given options

4

MGT402

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