Costing

[amp_mcq option1=”incremental unit average model” option2=”incremental cost learning model” option3=”incremental unit time learning model” option4=”incremental price learning model” correct=”option3″]

Detailed SolutionModel which states decline in extra time needed to produce last unit, every time for cumulative quantity of doubled units produced is classified as

[amp_mcq option1=”a sources of funds” option2=”an application of funds” option3=”no flow of funds” option4=”None of these” correct=”option1″]

Detailed SolutionSale of investment in marketable securities implies

[amp_mcq option1=”Rs 120″ option2=”Rs 2,40,000″ option3=”Rs 3,00,000″ option4=”Rs 5,40,000″ correct=”option3″]

Detailed SolutionA company’s break even point is 6,000 units per annum. The selling price is Rs 90 per unit and the variable cost is Rs 40 per unit. What are the company’s annual fixed costs?

[amp_mcq option1=”chemical” option2=”textiles” option3=”cement” option4=”oil refining” correct=”option3″]

Detailed SolutionThe process costing is not used in one of the following:

[amp_mcq option1=”unit axis” option2=”term axis” option3=”x-axis” option4=”y-axis” correct=”option3″]

Detailed SolutionIn plotting cost functions, number of machine hours and batches are represented on

[amp_mcq option1=”linear coefficient” option2=”cost coefficient” option3=”slope coefficient” option4=”price coefficient” correct=”option3″]

Detailed SolutionHigh-low method is used for estimation of

[amp_mcq option1=”two rates” option2=”three rates” option3=”four rates” option4=”five rates” correct=”option2″]

Detailed SolutionMerricks multiple piece rate system has _______.

[amp_mcq option1=”Annual material check” option2=”Continuous inventory method” option3=”A.B.C. Analysis” option4=”Economic order quantity” correct=”option2″]

Detailed SolutionContinuous material check is a part of which of the following?

[amp_mcq option1=”manager cost” option2=”influential cost” option3=”center cost” option4=”controllable cost” correct=”option4″]

Detailed SolutionCost influences by responsibility center manager who is considered as

[amp_mcq option1=”Managerial efficiency” option2=”Solvency” option3=”Over-investment in stock” option4=”All of these” correct=”option3″]

Detailed SolutionWhat does a low stock turnover indicates?