**921. In two periods total costs amounts to Rs 50000 and Rs 40000 against production of 20000 and 15000 units respectively. Determine marginal cost per unit and fixed cost.**

**A. Rs 2 and Rs 10,000**

B. Rs 4 and Rs 5000

C. Rs 10 and Rs 8000

D. None of the above

**922. Under High and Low Point method, the output at two different levels is compared with the amount of __________ incurred at these two points.**

A. Total fixed costs

**B. Total costs**

C. Total fixed costs

D. None of the above

**923. Given Maximum value of production and minimum value of production is 10,000 and 5000 units respectively. Maximum total cost is RS 25,000 and minimum total cost is Rs 15,000. Determine total fixed cost and per unit marginal cost.**

**A. Rs 2 per unit, Rs 5,000**

B. Rs 5 per unit, Rs 2000

C. Rs 10 per unit, Rs 10,000

D. None of the above

**924. Under method of least squares, a linear equation is developed in the form of ______ wherein Y is total cost, a=fixed cost, b= marginal cost and X is output.**

**A. Y=a+bX**

B. Y=a-bX

C. Y=a*bX

D. None of the above

**925. n Analytical method of calculating marginal costing, it is determined on the basis of past records.**

**A. True**

B. False

**926. Theory of contribution is the excess of sales over variable costs.**

**A.True**

B.False

**927. Which of the following statements related to Contribution Analysis are ture?**

**A. If contribution is zero, there is loss equal to fixed costs**

B. If contribution is negative, loss is less than fixed costs

C. If contribution is positive and more than fixed cost there will be profit.

D. All of the above

**928. When contribution is negative but less than fixed cost,**

A. There is loss equal to fixed costs

B. There is loss more than fixed costs

**C. There will be loss less than fixed costs**

D. All of above are false

**929. When contribution is positive but equal to fixed cost,**

A. There is loss equal to fixed costs

B. There is loss more than fixed costs

C. There will be loss less than fixed costs

**D. There will be neither profit not loss**

**930. Opportunities to achieve further growth within current businesses are:**

**A. Intensive Opportunities**

B. Integrative Opportunities

C. Diversification Opportunities

D. None of the above

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