Cost and Management Accounting - Jan Rtp 2026 RTP

What will be the selling price per metre charged from general public? (A) ` 29 (B) ` 27 (C) ` 31 (D) ` 33 What will be the rate of return on overall sales proceeds as per financial accounts? (A) 22.313% (B) 18.781% (C) 24.387% (D) 20.564% What will be the net profit in financial accounts from the factory, if government fixed the price of the cloth to be sold to general public at ` 28? (A) ` 1,67,20,000 (B)…

The material usage variance is ` 5,000 (Favourable) (B) The labour rate variance is ` 19,200 (Adverse) (C) The labour rate variance is ` 19,200 (Favourable) (D) The fixed overhead volume variance is ` 2,000 (Adverse) A manufacturing firm has produced 10000 units of a standard product by incurring the following expenses: Material costs ` 80,000 Production overhead ` 30,000 Labour costs Office overhead ` 40,000 20% of factory cost Estimated selling and distribution overhead is ` 4 per unit.…

Product AB has a standard cost of ` 32, ` 6 of which relates to direct materials. Budgeted production for the month was 1600 units. During the month, 1500 units of AB were produced and materials worth ` 9,000 were purchased. There was no opening stock of materials but closing stock, which was valued at standard cost, amounted to ` 1,500. What is the total variance for materials? (A) 7 ` 500 (F) JANUARY 2026 EXAMINATION REVISION TEST PAPERS 6.

Rinki Ltd. has two divisions, A and B. Target profit of A is ` 100 lakh. A has capacity to produce 20,000 units of product P but only 15,000 units are produced and sold in the market at ` 3,000 per unit. B received an order for which P would be required as input. B approaches A for purchase of 5000 units of P. What price should A charge from B per unit of P so as to meet its…

Calculate the total purchase cost for each material (Apple, Orange, and Grape) under the following two options: (a) Purchase from Wholesale Supplier (b) Purchase from Farmers/Import

Provide a Recommendation on the best purchase option for the "Grapes" material if minimum purchase quantity for import is 1,50,000 kg. Employee Cost 9. 10 Tommy HL Ltd. pays the following to a skilled worker engaged in production works. The following are the employee benefits paid to the employee: (a) Basic salary per day `1,000 (b) Dearness allowance (DA) 20% of basic salary (c) House rent allowance 16% of basic salary (d) Transport allowance `50 per day of actual work…

BrightTech Appliances Ltd. is a leading manufacturer of smart home devices such as the SmartCool AC, PowerLite Inverter, and EcoDry Dryer. Amid increasing operational complexity, the company’s finance controller has initiated a review of overhead allocations to gain better control over departmental efficiency and product profitability. The company operates through four major departments: 1. 11 Production – handles manufacturing across three plants using advanced machinery including stores management. JANUARY 2026 EXAMINATION REVISION TEST PAPERS INTERMEDIATE EXAMINATION