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Cost Accounting
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Cost Accounting
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Cost Accounting
The measure which provides the feedback on manager’s performance, considering individual aspects only is classified as
effectively measure
lump sum measure
non-financial measures
financial measures
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Cost Accounting
In an accounting system, the document which supports journal entries is classified as
cost document
priced document
source document
direct document
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Cost Accounting
The fixed cost is $25000 and the breakeven revenue is $95000, then the contribution margin will be
$32
$30
$25
$26.31
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rikazzz
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Cost Accounting
An unfavorable volume-production variance is used to measure the amount of
fixed setup cost
total setup cost
variable setup cost
total overhead cost
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rikazzz
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Cost Accounting
The decisions regarding usage of material, kind and changes in plant processing are a part of
past management
future management
help management
cost management
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rikazzz
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Cost Accounting
The budgeted input quantity is added in to efficiency variance to calculate
actual input quantity
actual output quantity
actual input price
actual output price
Author:
rikazzz
Comment
Cost Accounting
Annual requirement is 7800 units; consumption per week is 150 units. Unit price Rs. 5, order cost Rs. 10 per order. Carrying cost Rs. 1 per unit and lead time is 3 week. The Economic order quantity would be. Select correct option:
395 units
300 units
250 units
150 units
Author:
rikazzz
Comment
Cost Accounting
If cost is eliminated, then reducing the perceived usefulness that customers can obtain by using the market offering will come under
designed-in costs
locked-in costs
value added cost
non-value added cost
Author:
rikazzz
Comment
Cost Accounting
A product performance in comparison to its features and design is classified as
learning quality
design quality
conformance quality
business process quality
Author:
rikazzz
Comment
Cost Accounting
The rate of return, which is made up of risk free and business risk element is known as
nominal rate of return
accrual accounting rate of return
real rate of return
required rate of return
Author:
rikazzz
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