Mth302 Mid Term Current Paper (Dec 2010)

Mth302 Mid Term Current Paper (Dec 2010)

I have attempted MTH-302 today. Almost all questions were from past papers. Few of them which I remember are:


Given for a product selling price = $45 and unit variable cost= $30 then Unit contribution margin will be



► $15

► $75

► $1.5

► Can not be found from given values.

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Contribution Margin is the Rs. amount that is equal to ----------------------

► S – VC

► VC – S

► FC – VC

► VC – FC

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Evaluate the Break Even Point (BEP)

(i) in Units 

(ii) as a percent of capacity



,when an organization introduces an article. Market analyst of the organization gives the report that the product can be sold at Rs. 500 per unit. In addition to this, cost analysis provides the following information:



Fixed Cost (FC)= 8000, Variable cost (VC)= 300, Production Capacity (PC) = 900



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The formula for finding BEP in units is given by



► FC/VC

► FC/(S-VC)

► CM/FC

► CM/VC

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Witch of the following percent is Conveyance Allowance of the basic salary?



► 2.5%



► 45%



► 5%



► None of these


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0^1=?



► 0



► 1



► undefined



► infinity





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If an asset is purchased at Rs 3000 on the date 6/29/2008 and the first depreication period ends on 11/29/2008, where salvage value is 300 and period is taken as 1 on 20% interest rate where basis =1, then which of the following function Returns the depreciation for given accounting period





► =AMORLINC(3000, 6/29/2008, 11/29/2008, 300, 1*12, 20%, 1)



► =AMORLINC(3000, 6/29/2008, 11/29/2008, 300, 1, 20% / 12 , 1)



► =AMORLINC(3000, 6/29/2008, 11/29/2008, 300, 1, 20%, 1)



► =AMORLINC(3000, 6/29/2008, 11/29/2008, 300, 1*12 , 20%/12, 1)



► None of these



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If the price of a shirt is Rs 250 and discount on its price is Rs 30, what is the percentage of discount?





► 10 %



► 11%



► 12%



► 15%