Q. What is contribution ?

i. Sales -RMC -Variable cost

ii. RMC-Sales-Variable cost
iii. Variable cost- RMC -sales
iv. Sales+RMC+Variable cost

Q. What comes under Manufacturing cost ?

i. Rejection
ii. Wages, Freight etc.
iii. Power fuel, PNG etc.
iv. Packing.

Q. What is BOM in RMC ?

i. Bulk of materials.
ii. Bill of materials.
iii. Business of money.
iv. Business of office management.

Q. Under which cost head deprecition comes ?

i. Assembly overheads.
ii. RMC
iii. Fixed cost
iv. Warranty.

Q. How RMC % is calculated.

i. Variable cost / Sale value.
ii. Sale value / RMC value.
iii. RMC value / Sale price
iv. Manufacturing cost/RMC.

Q. What is SOP in Business case ?

i. Statement of purpose.
ii. Start of production.
iii.Start of Product costing.
iv. Standards operates procedures.

Q. WHich head doesnt come in MHR ?

i. Labour cost
ii. Consumbales.
iii. Interest
iv. Tax.

Q. What comes under Fixed cost ?

i. Direct wages.
ii. Personnel, Admin.
ii. Royalty.
iv. Warranty.

Q. What comes under RM Commodities ?

i. Plastic
ii. Sheet metal
iii. Aluminum
iv. All of above.

Q. What is semi-variable cost ?

i. Electricity cost.
ii. Rent cost
iii.Salary cost
iv. Freight.