The LATEST SOLVED QUESTION PAPER FOR CS EXECUTIVE HELD IN JUNE 2017 is solved below with complete explanation:
COST AND MANAGEMENT ACCOUNTING SOLVED QUESTION PAPER JUNE 2017
Q.1. You are required to report to top management of eastern India engineering company the point of sales in terms of Rupee to break even for the purpose you obtain that:
Fixed overheads remain constant at Rs. 12,000
Variable costs will rise zero to Rs.12,000
Selling price is Rs. 600 per ton
The tonnage produced and sold is 30 tons
(A) 36,000
(B) 32,000
(C) 30,000
(E) 38,000
Answer:- (A)
Q.2. In a period sales amount to Rs.2,00,000, net profit Rs.20,000 and fixed overheads are Rs. 30,000. If sales Rs. 3,00,000 profit will be:
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