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Cost Accounting
If the selling price is $2000 and the contribution margin per unit is $800, then the contribution margin percentage would be
$14,000
$25,700
$16,000
$25,000
Author:
rikazzz
Comment
Cost Accounting
The direct material costs are added into direct manufacturing costs, to calculate
discuss costs
prime costs
resale cost
merchandise costs
Author:
rikazzz
Comment
Cost Accounting
In manufacturing companies, the variable and absorption costing are methods, which are used in
recording of liabilities
costing of current assets
costing of machinery
costing of inventories
Author:
rikazzz
Comment
Cost Accounting
The costs are classified as fixed or variable on the basis of
specific activity
given time period
common activity
both a and b
Author:
rikazzz
Comment
Cost Accounting
If the static budget variance is $46000 and the static budget amount is $15000, then an actual result would be
$80,000
$71,000
$61,000
$31,000
Author:
rikazzz
Comment
Cost Accounting
During a period 17, 500 Labour hours were worked at a standard cost of Rs 6.50 per hour. The Labour efficiency variance was Rs 7,800 favorable. How many standard hours were produced:
1200
16300
17500
18700
Author:
rikazzz
Comment
Cost Accounting
The variance used by managers to check whether the company has performed well and properly implemented the strategies is considered as
strategic implementation
proper implementation
performance evaluation
well evaluated
Author:
rikazzz
Comment
Cost Accounting
Merrick Differential Price Rate System:
Worker is not penalized even if his performance does not exceed 80% of the High Task
Worker is not penalized even if his performance does not exceed 70% of the High Task
Worker is not penalized even if his performance does not exceed 50% of the High Task
Worker is not penalized even if his performance does not exceed 30% of the High Task
Author:
rikazzz
Comment
Cost Accounting
The type of relationship stating “how changes in cost driver drives cause changes in cost” will be termed as
marginal plausibility
economic plausibility
financial plausibility
market plausibility
Author:
rikazzz
Comment
Cost Accounting
To calculate budgeted fixed manufacturing cost per unit, the fixed budgeted manufacturing costs are divided to
budgeted production units
indirect production units
input material units
accrued production units
Author:
rikazzz
Comment
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