Kerala PSC Previous Years Question Paper & Answer
Page:15
Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'Finance Manager' And exam conducted in the year 2023. And Question paper code was '119/2023/OL'. Medium of question paper was in Malayalam or English . Booklet Alphacode was ''. Answer keys are given at the bottom, but we suggest you to try answering the questions yourself and compare the key along wih to check your performance. Because we would like you to do and practice by yourself.
Correct Answer:- Option-C
Question73:-A company manufacturing a single product sells it at a price Rs. 80 per
unit. The variable cost per unit is Rs. 48 and the annual fixed cost amounts to Rs.
18 lakhs. Find the Break even sales
A:-60 lakhs
B:-45 lakhs
C:-70 lakhs
D:-40 lakhs
Correct Answer:- Option-B
Question74:-Contract Account is a
A:-Personal Account
B:-Nominal Account
C:-Representative Personal Account
D:-Real Account
Correct Answer:- Option-B
Question75:-A standard material required to manufacture one unit of product X is
10 kgs and at standard price per kg of material is Rs. 25. The cost account records
reveals that Rs. 11500 Kgs of material costing Rs. 276000 wrer used for
manufacturing 1000 units of product X. Calculate material cost variance
A:-Rs. 26000 Adverse
B:-Rs. 11500 Favorable
C:-Rs. 37500 Adverse
D:-Rs. 10000 Favorable
Correct Answer:- Option-A
Question76:-Compute EBQ for a company
Annual demand for the component Rs. 24,000 se-up cost per batch Rs. 120,
carrying cost per unit of production Rs. 0.36
A:-5000 units
B:-4000 units
C:-8000 units
D:-10000 units
Correct Answer:- Option-B
Question77:-Which costing techniques is applied where the production is uniform
and continuous affair, units of output are identical
A:-Standard costing
B:-Batch costing
C:-Job costing
D:-Unit costing