1011. Document, which contains information about used material sequence, detail and quantity of raw material is classified as

bill of materials
bill of sequence
bill of detail
bill of raw materials

Join Our Telegram Channel

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
button" href="https://exam.pscnotes.com/mcq/document-which-contains-information-about-used-material-sequence-detail-and-quantity-of-raw-material-is-classified-as/#more-44787">Detailed SolutionDocument, which contains information about used material sequence, detail and quantity of raw material is classified as

1012. Cost of previous department is a part of

transferred-in costs
transferred-out costs
FIFO costs
LIFO costs

Subscribe on YouTube
href="https://exam.pscnotes.com/mcq/cost-of-previous-department-is-a-part-of/#more-44757">Detailed SolutionCost of previous department is a part of

1013. Cash from operation is equal to

net profit plus decrease in current assets
net profit plus increase in current assets
None of the above

Detailed SolutionCash from operation is equal to

1014. In an activity based costing implementation, product’s diverse demand is based on

batch size
complexity
process steps
all of above

Join Our Telegram Channel

target="_blank" class="youtube-subscribe-button"> Subscribe on YouTube class="read-more button" href="https://exam.pscnotes.com/mcq/in-an-activity-based-costing-implementation-products-diverse-demand-is-based-on/#more-44752">Detailed SolutionIn an activity based costing implementation, product’s diverse demand is based on

1015. “Process B had no opening inventory. 13,500 units of raw material were transferred in at Rs 4.50 per unit. Additional material at Rs1.25per unit was added in process. Labour and overheads were Rs 6.25 per completed unit and Rs 2.50 per unit incomplete. If 11,750completed units were transferred out, what was the closing inventory in Process B?”

Rs 6562.50
Rs 12,250.00
Rs 14,437.50
Rs 25,375.00

Join Our Telegram Channel

Rs1.25per unit was added in process. Labour and overheads were Rs 6.25 per completed unit and Rs 2.50 per unit incomplete. If 11,750completed units were transferred out, what was the closing inventory in Process B?”" class="read-more button" href="https://exam.pscnotes.com/mcq/process-b-had-no-opening-inventory-13500-units-of-raw-material-were-transferred-in-at-rs-4-50-per-unit-additional-material-at-rs1-25per-unit-was-added-in-process-labour-and-overheads-were-rs-6-2/#more-44751">Detailed Solution“Process B had no opening inventory. 13,500 units of raw material were transferred in at Rs 4.50 per unit. Additional material at Rs1.25per unit was added in process. Labour and overheads were Rs 6.25 per completed unit and Rs 2.50 per unit incomplete. If 11,750completed units were transferred out, what was the closing inventory in Process B?”

1016. Direct material cost is $75000 and direct manufacturing labour is $20000, then prime cost would be

$55,000
$37,500
$95,000
$26,000

Detailed SolutionDirect material

cost is $75000 and direct manufacturing labour is $20000, then prime cost would be

1017. An amount of spoilage that is not natural in a specific production process is categorized as

normal scrap
normal spoilage
abnormal spoilage
weighted spoilage

Join Our Telegram Channel

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 process is categorized as" class="read-more button" href="https://exam.pscnotes.com/mcq/an-amount-of-spoilage-that-is-not-natural-in-a-specific-production-process-is-categorized-as/#more-44695">Detailed SolutionAn amount of spoilage that is not natural in a specific production process is categorized as

1018. Budgeted total cost in indirect cost pool is divided by budgeted total quantity of cost allocation base is to calculate by

budgeted direct cost rate
budgeted indirect cost rate
expected indirect cost rate
direct budget percentage

Subscribe on YouTube
base is to calculate by" class="read-more button" href="https://exam.pscnotes.com/mcq/budgeted-total-cost-in-indirect-cost-pool-is-divided-by-budgeted-total-quantity-of-cost-allocation-base-is-to-calculate-by/#more-44688">Detailed SolutionBudgeted total cost in indirect cost pool is divided by budgeted total quantity of cost allocation base is to calculate by

1019. Those cost which is incurred to prevent the labour turnover __________.

management cost
replacement cost
preventive cost
compensation cost

Subscribe on YouTube
button" href="https://exam.pscnotes.com/mcq/those-cost-which-is-incurred-to-prevent-the-labour-turnover-__________/#more-44664">Detailed SolutionThose cost which is incurred to prevent the labour turnover __________.

1020. Cost which is related to specific cost object and cannot be economically traceable is classified as

line cost
staff cost
direct cost
indirect cost

Detailed SolutionCost

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
which is related to specific cost object and cannot be economically traceable is classified as


Test 1Test 2Test 3Test 4Test 5Test 6Test 7Test 8Test 9Test 10Test 11Test 12Test 13Test 14Test 15Test 16Test 17Test 18Test 19Test 20Test 21Test 22Test 23Test 24