(A) Production is greater than defined capacity
(B) Actual overhead costs are less than budgeted overhead
(C) Budgeted capacity is less than normal capacity
(D) Actual overhead incurred is less than applied Overhead
The Inventory Turnover ratio is 5 times and numbers of days in a year is 365.Inventory holding period in days would be:
(A) 100 days
(B) 73 days
(C) 50 days
(D) 10 days
The main difference between the profit center and investment center is:
(A) Decision making
(B) Revenue generation
(C) Cost incurrence
(D) Investment
A taxi driver make a trip from the plains to ooty which are 340 km apart at an average speed of 60 km/hr. In the return trip, he covers the speed distance at an average of 30 km/hr. The average speed of the taxi over the entire distance of 680 km is:
(A) 30 km/hr
(B) 40 km/hr
(C) 50 km/hr
(D) 60 km/hr
Anitha takes 8 hours 20 mints in walking to a temple and riding back. She would have gained 3 hours by riding both ways. The time she would take to walk both ways is:
(A) 15 hours 40 mints
(B) 16 hours 40 mints
(C) 18 hours 40 mints
(D) 19 hours 40 mints
Jackson travels a distance of 100 km in 5 hours. How much faster in kilometer per hour, on an average, must he travel to make a journey in 5/3 hour less time?
(A) 5 km/hr
(B) 6 km/hr
(C) 8 km/hr
(D) 10 km/hr
When prices are rising over time, which of the following inventory costing methods will result in the lowest gross margin/profits?
(A) FIFO
(B) LIFO
(C) Weighted Average
(D) Cannot be determined
A royal enfield bike starts with the speed of 210 km/hr with its speed increasing every 2 hours by 30 km/hr, in how many hours will it cover 1035 km?
(A) 2 1/2 hour
(B) 4 1/2 hour
(C) 6 1/2 hour
(D) 7 1/2 hour