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MTH302 Mid Term Papers Fall 2010 (01~12 Dec 2010) All in One Discussion


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Question No: 1 ( Marks: 2 )



A firm sells its new product at Rs. 65 per unit. If the variable cost is Rs 40,
find the contribution margin.


Question No: 2 ( Marks: 3 )


Calculate the Break Even Point (BEP) as a percent of capacity when an
organization introduces an article. Market analyst of the organization gives the
report that the product can be sold at Rs. 500 per unit. In addition to this,
cost analysis provides the following information:
Fixed Cost (FC)= 8000,
Variable cost (VC)= 300,
Production Capacity (PC) = 900



Question No: 3 ( Marks: 5 )


Insaf Store reduces price of a dress from Rs. 2500 to Rs. 1600.
What is the Rs. Markdown and the %markdown?


Question No: 4 ( Marks: 10 )


Aslam is working as permanent employee in a multinational company. The company
has an attractive salary package. The details of the package is given below:
The basic salary is Rs. 17,000. The house rent allowance is 45% whereas
conveyance allowance is 2.5% of basic pay. As he is a permanent employee so will
be given provident fund at the time of retirement. Hence a deduction of 1/11th
part of salary is made every month. Aslam also enjoys the facility of medical
insurance and social charges which is 5% and 5.8% respectively of basic salary.
Find the actual remuneration of Aslam per month.
(Gross remuneration includes provident fund)

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