MOST IMPORTANT MCQ
Accounting Practical
Case Study MCQ’s
COMMERCE / MANAGEMEN
LIVE SESSION BY SUMANT SIR
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PAPER 2 (COMMERCE / MANAGEMENT)
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FULL VIDEO COURSE ₹9,999 ₹7,999
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, Question 1
From the following information:
Q1. Calculate prime cost
• Cost of materials @ ₹ 13 per unit a) 205000
• Labour Cost @ ₹ 7.50 per unit b) 250000
• Factory Overheads are absorbed @ 60% of c) 300000
labour cost
• Administration Overheads are absorbed @
d) 302375
20% of factory cost
• Selling Overheads are charged @ ₹ 2.50 per
unit sold
• Opening stock of finished goods - 500 units
@ 19.75
• Closing Stock of finished goods - 250 units
• Sales – 10250 units at profit of 20% on sales
www.everstudy.co.in
Accounting Practical
Case Study MCQ’s
COMMERCE / MANAGEMEN
LIVE SESSION BY SUMANT SIR
www.everstudy.co.in
,COURSES FOR JUNE 2020
PAPER 2 (COMMERCE / MANAGEMENT)
UNIT SNAPSHOT NOTES FREE
UNITWISE PAST PAPERS (EXPLAINED) ₹599 ₹499
TEST SERIES (3500+ MCQ’s) ₹1,899 ₹1,499
PRACTICAL UNITS VIDEO COURSE ₹4,999 ₹4,099
FULL VIDEO COURSE ₹9,999 ₹7,999
ALL PAPER 2 COURSES COMBO ₹12,499 ₹8,999
PAPER 1 (GENERAL PAPER)
MINI COMBO PACK ₹999 ₹599
www.everstudy.co.in
, Question 1
From the following information:
Q1. Calculate prime cost
• Cost of materials @ ₹ 13 per unit a) 205000
• Labour Cost @ ₹ 7.50 per unit b) 250000
• Factory Overheads are absorbed @ 60% of c) 300000
labour cost
• Administration Overheads are absorbed @
d) 302375
20% of factory cost
• Selling Overheads are charged @ ₹ 2.50 per
unit sold
• Opening stock of finished goods - 500 units
@ 19.75
• Closing Stock of finished goods - 250 units
• Sales – 10250 units at profit of 20% on sales
www.everstudy.co.in
