Reference no: EM132569315

Problem 1: ABM Ltd. has furnished the following information for Rs 4,000 units of a product for the year 2002-2003: Direct material Rs 2,50,000; Direct labor Rs2,00,000; Manufacturing overheads Rs 2,80,000 (40% fixed); Selling and administrative overheads Rs 2,70,000 (30% fixed). The total cost of 4,380 units is:

a) Rs 10,95,000

b) Rs 10,42,500

c) Rs 10,80,120

d) Rs 10,76,665

Problem 2: The monthly flexible overhead budget and activities of Forest Ltd. are as follows: Machine hours - 4,000; 5,200; 6,500 and Budgeted monthly overhead cost (Rs)- 98,000; 1,12,400; 1,28,000 respectively. The budgeted fixed overhead cost per month at the level of 6,800 machine hours is:

a) Rs 30,000

b) Rs 40,000

c) Rs 45,000

d) Rs 50,000

Problem 3:  During the Financial Year 2019-2020, A Ltd purchased machinery worth. Rs.20 Lakhs from V Ltd. A Ltd. discharged the payment by issue of its Equity shares of Rs.15 Lakhs and balance payment was made in cash. It also sold another machinery for Rs. 10 Lakhs. Calculate the cash flows from Investing Activities.

a) (-) Rs. 5 lakhs

b) Rs. 5 Lakhs

c) Rs.10 Lakhs

d) (-)Rs.15 Lakhs