Aurel commerce classes TYBAF Cost accounting

Q.1. The trading results of Smit & Co. for year ended are
Year Ended Total Sales Rs. Total Cost Rs.
31-03-2017 22,23,000 19,83,600
31-03-2018 24,51,000 21,43,200
Calculate :
a] P/V ratio
b] Fixed cost
c] Fixed cost to sales
d] Break Even Point
e] MOS for 2017 and 2018

Q.2. Information of Alfa & Co. is given below.

Per unit Variable Cost Fixed Cost
Rs. Rs.
Direct Material 3.00 ---
Direct Labour 3.00 ---
Factory Overhead 2.00 50,000
Selling Expenses 2.00 20,000
Administrative overhead 2.00` 10,000
Budgeted Sales are 12,500 units # Rs.20 per unit.
Find 1] P/V ratio
2] Break Even Point sales.
3] Profit at budgeted sales.
4] Margin of sales at budgeted sales.
5] Profit, if actual sales:
i] Decrease by 20 % from budgeted sales.
ii] Increase by 5 % from budgeted sales.

Q.3. A department of Tek India Ltd. Has furnished the following estimation pertaining to Product “A” at
80 % capacity of its normal capacity level for the quarter ending March 31, 2018.
Sales Rs.6,00,000
Administrative Costs:
Office salaries Rs.90,000
General Expenses 2 % of Sales
Depreciation Rs.7,500
Rates & Taxes Rs.8,750
Selling Costs:
Salaries 8 % of Sales
Traveling Expenses 2 % of Sales
Sales Office Expenses 1 % of Sales
General Expenses 1 % of Sales
Distribution Cost :
Wages Rs.15,000
Rent 1 % of Sales
Other Expenses 4 % of Sales
Prepare the budget for the total Administration, Selling and Distribution expenses at 70 % , 90 %, 100%
and 110% capacity levels.