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Cost Accounting
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Cost Accounting
The cost of electricity bill of the factory is treated:
Fixed cost
Variable cost
Step cost
Semi variable cost
Author:
rikazzz
Comment
Cost Accounting
The cost which is related to specific cost object and cannot be economically traceable is classified as
line cost
staff cost
direct cost
indirect cost
Author:
rikazzz
Comment
Cost Accounting
The cost of electricity bills of the factory is treated as:
Fixed cost
Variable cost
Step cost
Semi variable cost
Author:
rikazzz
Comment
Cost Accounting
Which of the following is not a reason for an idle time variance:
Wage rate increase
Machine breakdown
Illness or injury to worker
Non- availability of material
Author:
rikazzz
Comment
Cost Accounting
The hybrid costing system, which is applied to batches of similar products, but are not identical is classified as
incremental costing system
split off costing system
inventoriable costing system
operation costing system
Author:
rikazzz
Comment
Cost Accounting
Total transferred-out cost plus normal spoilage is divided by number of goods units produced, to calculate
cost per good units transferred out
cost per good units transferred in
revenue per good units transferred out
revenue per good units transferred in
Author:
rikazzz
Comment
Cost Accounting
Where the applied FOH is less than the actual FOH cost it is:
Unfavorable variance
Favorable variance
Normal variance
Budgeted variance
Author:
rikazzz
Comment
Cost Accounting
If the flexible budget variance is $105000, the actual cost is $65000 then the flexible budget cost will be
$40,000
$50,000
$150,000
$170,000
Author:
rikazzz
Comment
Cost Accounting
The cost of operating activity, facility or any cost object which usually shares by two or more than two users is classified as
bundled cost
common cost
stand-alone cost
incremental cost
Author:
rikazzz
Comment
Cost Accounting
In regression equation, an evaluation criteria considers the significance of
independent variable
dependent variable
significance plotting
insignificance plotting
Author:
rikazzz
Comment
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