Costing

5. Method, which allocates cost of support department to operating and support departments is known as

indirect method
direct method
step down method
reciprocal method

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known as" class="read-more button" href="https://exam.pscnotes.com/mcq/method-which-allocates-cost-of-support-department-to-operating-and-support-departments-is-known-as/#more-58399">Detailed SolutionMethod, which allocates cost of support department to operating and support departments is known as

6. Taylors differential piece rate system provides for higher rate to . . . . . . . . workers.

inefficient
efficient
Both A and B
lazy

Detailed SolutionTaylors differential piece rate system provides for

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11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube

higher rate to . . . . . . . . workers.

7. Normal spoilage is subtracted from total spoilage to calculate

abnormal spoilage
Gross weighted spoilage
inventoriable spoilage
partial spoilage

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class="read-more button" href="https://exam.pscnotes.com/mcq/normal-spoilage-is-subtracted-from-total-spoilage-to-calculate/#more-58362">Detailed SolutionNormal spoilage is subtracted from total spoilage to calculate

8. In linear cost function, which is y = a + bx, y is classified as

predicted fixed cost
predicted variable cost
predicted cost
predicted price

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as" class="read-more button" href="https://exam.pscnotes.com/mcq/in-linear-cost-function-which-is-y-a-bx-y-is-classified-as/#more-58325">Detailed SolutionIn linear cost function, which is y = a + bx, y is classified as

9. If slope coefficient is 0.60 and difference in machine hours is 50000, then difference in cost can be

$68,700
$58,700
$30,000
$83,333.34

Detailed

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75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube

SolutionIf slope coefficient is 0.60 and difference in machine hours is 50000, then difference in cost can be

10. Match the following. List-I List-II a. Debtor’s turnover ratio 1. Solvency ratio b. Proprietary ratio 2. Liquidity ratio c. Operating ratio 3. Activity ratio d. Acid test ratio 4. Profitability ratio

a-2, b-4, c-3, d-1
a-3, b-2, c-1, d-4
a-3, b-1, c-4, d-2
a-4, b-3, c-2, d-1

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c. Operating ratio 3. Activity ratio d. Acid test ratio 4. Profitability ratio" class="read-more button" href="https://exam.pscnotes.com/mcq/match-the-following-list-i-list-ii-a-debtors-turnover-ratio-1-solvency-ratio-b-proprietary-ratio-2-liquidity-ratio-c-operating-ratio-3-activity-ratio-d-acid-test-ratio-4-profitability-ratio/#more-58308">Detailed SolutionMatch the following. List-I List-II a. Debtor’s turnover ratio 1. Solvency ratio b. Proprietary ratio 2. Liquidity ratio c. Operating ratio 3. Activity ratio d. Acid test ratio 4. Profitability ratio
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