Old Exam Papers Dec. 2010 - Video

(b) Purchases during the year 10,000 units
(c) Purchase price Rs. 100 per unit
(d) Storage cost 5% of average inventory
(e) Re-order period (Lead time) : Average 20 days;
maximum 30 days and minimum 12 days
(f) Consumption : Average 30 units per day; maximum
40 units per day and minimum 20 units per day
7. With the following data for 60 percent activity, prepare a
budget for production at 80 percent and 100 percent
activity :
Production at 60% activity 600 units
Material Rs. 100 per unit
Labour Rs. 40 per unit
Expenses Rs. 10 per unit
Factory expenses Rs. 40,000 (40% fixed)
Administration expenses Rs. 30,000 (60% fixed)
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8. The Balance Sheet of Mauli Limited as on 31st December,
2009 shown as follows :
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Liabilities Rs. Assets Rs.
Equity capital 1,00,000 Fixed Assets 1,80,000
9% perference shares 50,000 Stock 25,000
8% debentures 50,000 Debtors 55,000
Retained earning 20,000 Bills receivables 3,000
Creditors 45,000 Bank 2,000
Papers (A) (December) 2010
(75)
2,65,000 2,65,000
Comment on the financial position of the company.
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