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Cost Accounting
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Cost Accounting
If the budgeted quantity of output unit is 450 and budgeted overhead fixed cost is $250, then budgeted fixed overhead output unit will be
$142,500
$112,500
$122,500
$132,500
Author:
rikazzz
Comment
Cost Accounting
In adjustment issues of costing, the database must consider wide range values of
fixed object
cost driver
cost object
mixed object
Author:
rikazzz
Comment
Cost Accounting
If the economic order quantity for one year is 15000 packages and demand in units for one year are 1500 units, then number of deliveries in a year will be
16
12
10
14
Author:
rikazzz
Comment
Cost Accounting
When analyzing sales variances, which of the following would not be an important factor?
Recovery rate variances
Volume variances
Selling price variances
Mix variances
Author:
rikazzz
Comment
Cost Accounting
The learning curve models include
cumulative average time learning model
incremental unit time learning model
incremental production learning model
both a and b
Author:
rikazzz
Comment
Cost Accounting
Contribution margin contributes to meet which one of the following options? Select correct option:
Variable cost
Fixed cost
Operating cost
Net profit
Author:
rikazzz
Comment
Cost Accounting
Calculate workers recruited and joined from the following: Labour turnover rates are 20%, 10% and 6% respectively under Flux method, Replacement method and Separation method. No. of workers replaced during the quarter is 80
112
80
48
64
Author:
rikazzz
Comment
Cost Accounting
If the gross margin is $2000 and the revenue is $5000, then the cost of goods sold would be
−$8000
$3,000
−$3000
$8,000
Author:
rikazzz
Comment
Cost Accounting
Bin Card is a:
Quantitative as well as value wise records of material received, issued and balance
Quantitative record of material received, issued and balance
) Value wise records of material received, issued and balance
a record of Labour attendance
Author:
rikazzz
Comment
Cost Accounting
The spread of over allocated overhead and under allocated overhead among work in process, finished goods and goods sold cost is classified as
proration approach
appreciation approach
depreciation approach
adjusted approach
Author:
rikazzz
Comment
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