cost control and management accounting

"Managemnt Accounting is the process of identification measurement accumulation analysis preparation interpretation and communication of information that assist executives in fulfilling organisational objectives" this definition given by

• Charles T Horngren

• American Accountants

• smith

• asburne

planning and forecating , modification of data is a

• Objectives of management

• functions of management

• scope of management

• none

What is the formula of p/v Ratio

• contribution/sales

• fixed cost - contribution

• sales - variables

• none

Fixed cost Rs.9600,Sales Rs.25200, ProfitRs.3000 calculate p/v ratio?

• 20%

• 25%

• 50%

• 10%

Draw a Break Even Chart

Answer explanation

Fc = 12000,Sp = 12 per unit Vc = 9 per unit find BEP in units

Answer explanation

4000

BEP in rupees formula is

• Total Fixed cost/ contribution per unit

• total fixed cost /p /v ratio

• Fc/contribution

• none

Sales = 200000, variable cost = 120000, fixed cost = 30000 Find BEP if selling price is reduced by 10%

Answer explanation

90000

Year 2009 Sales =120000 profit = 8000

year 2010 sales = 140000 Profit = 130000 Find BEP, MOS of 2010

• 35%

  50000

• 25%

  52000

• 30%

  36000

Sales =500000, VC = 160000 , Fc = 30000 , Profit = 40000 find sales to earn a profit of 50000 and profit at a sales of 900000.

• 514706

• 514706

  312000

• 441176

• 58824