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Cost Accounting
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Cost Accounting
The net realizable value is added into separate costs to calculate
split off costs
final cost of direct labor
final sales
final costs
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Cost Accounting
The fixed manufacturing cost under absorption costing is
high dividend
low dividend
inventoriable
non-inventoriable
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rikazzz
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Cost Accounting
Which of the following is not an avoidable cause of labor turnover:
Dissatisfaction with job
Lack of training facilities
Low wages and allowances
Disability, making a worker unfit for work
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rikazzz
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Cost Accounting
The contribution margin per unit is divided by contribution margin percentage to calculate
percentage price
margin price
contribute price
selling price
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rikazzz
Comment
Cost Accounting
In normal costing, the budgeted rate is multiplied to an actual quantity, which have been used as the allocation base to calculate
budget overhead applied
manufacturing overhead applied
labor overhead applied
none of above
Author:
rikazzz
Comment
Cost Accounting
The third ranked product in incremental revenue-allocation method is known as
primary product
First incremental product
Second incremental product
Third incremental product
Author:
rikazzz
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Cost Accounting
The method which determines weights of cost allocation by considering cost of each user, as separate entity is known as
bundled products allocation method
variable cost allocation method
stand-alone cost allocation method
incremental cost allocation method
Author:
rikazzz
Comment
Cost Accounting
Stores Ledger 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 costs that are planned in future and has not been incurred are known as
designed-in costs
locked-in costs
value added cost
both a and b
Author:
rikazzz
Comment
Cost Accounting
In absorption costing, an effect on cost volume profit relationship is driven by
unit level of production
unit level of sales
chosen denominator level
all of above
Author:
rikazzz
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