41. In production budget closing stock is added with .
Correct : B. sales.
42. In production budget opening stock is deducted with .
Correct : B. sales.
43. Material consumed is Rs. 5,00,000 Opening stock of raw material is Rs. 50,000 and Closing stock of raw material is Rs. 25,000. What is the cost of raw material purchased?
Correct : B. Rs. 4,75,000.
44. If selling price is Rs. 25,000 and profit is Rs. 5,000 then what is the percentage of profit on cast?
Correct : B. 25%.
45. Material control involves .
Correct : C. purchase of material.
46. Material requisition is meant for .
Correct : B. supply of material from stores.
47. Stock control through stock levels and EOQ is called .