Costing

1061. _____________ is a detailed budget of cash receipts and cash expenditure incorporating both revenue and capital items.

Cash Budget
Capital Expenditure Budget
Sales Budget
Overhead Budget

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capital items." class="read-more button" href="https://exam.pscnotes.com/mcq/_____________-is-a-detailed-budget-of-cash-receipts-and-cash-expenditure-incorporating-both-revenue-and-capital-items/#more-44083">Detailed Solution_____________ is a detailed budget of cash receipts and cash expenditure incorporating both revenue and capital items.

1062. If an actual manufacturing overhead costs is $485000 and actual total quantity of cost allocation base is 4500 labour hours, then overhead rate would be

109.87
$107.78
$106.56
$104.34

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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
labour hours, then overhead rate would be" class="read-more button" href="https://exam.pscnotes.com/mcq/if-an-actual-manufacturing-overhead-costs-is-485000-and-actual-total-quantity-of-cost-allocation-base-is-4500-labour-hours-then-overhead-rate-would-be/#more-44068">Detailed SolutionIf an actual manufacturing overhead costs is $485000 and actual total quantity of cost allocation base is 4500 labour hours, then overhead rate would be

1063. Budget, which predicts effect of given level of operations on a cash position is classified as

market budget
price schedule
planned schedule
cash budget

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viewBox="0 0 576 512"> Subscribe on YouTube class="read-more button" href="https://exam.pscnotes.com/mcq/budget-which-predicts-effect-of-given-level-of-operations-on-a-cash-position-is-classified-as/#more-44048">Detailed SolutionBudget, which predicts effect of given level of operations on a cash position is classified as

1064. Material mix variance = standard cost of standard mix – . . . . . . . .

Actual cost of actual mix
Actual cost of standard mix
Standard cost of actual mix
Standard cost of budgeted mix

Detailed

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SolutionMaterial mix variance = standard cost of standard mix – . . . . . . . .

1065. Under inflationary conditions a higher value of inventory is assigned under:

LIFO method
FIFO method
Weighted average method
None of the above

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of inventory is assigned under:" class="read-more button" href="https://exam.pscnotes.com/mcq/under-inflationary-conditions-a-higher-value-of-inventory-is-assigned-under/#more-44029">Detailed SolutionUnder inflationary conditions a higher value of inventory is assigned under:

1066. Contribution less fixed cost is

Profit
Sales
Price
MOS

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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/contribution-less-fixed-cost-is/#more-44021">Detailed SolutionContribution less fixed cost is

1067. Method, which allocates cost of support department for operating departments by recognizing all mutual services provided is classified as

indirect method
direct method
step down method
reciprocal method

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operating departments by recognizing all mutual services provided is classified as" class="read-more button" href="https://exam.pscnotes.com/mcq/method-which-allocates-cost-of-support-department-for-operating-departments-by-recognizing-all-mutual-services-provided-is-classified-as/#more-44000">Detailed SolutionMethod, which allocates cost of support department for operating departments by recognizing all mutual services provided is classified as

1068. Higher and accurate budgeted profit forecast of managers lead to

high incentive bonus
low incentive bonus
influence bonus
revenue bonus

Detailed

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SolutionHigher and accurate budgeted profit forecast of managers lead to

1069. Direct cost assignment for specific cost object is classified as

cost object line cost
cost tracing
cost object indirect cost
cost object staff cost

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81.2z"/> Subscribe on YouTube href="https://exam.pscnotes.com/mcq/direct-cost-assignment-for-specific-cost-object-is-classified-as/#more-43940">Detailed SolutionDirect cost assignment for specific cost object is classified as

1070. Approaches to allocate costs of support department do not include

sales mix allocation method
dual-rate cost-allocation method
single rate cost allocation method
both b and c

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SolutionApproaches to allocate costs of support department do not include

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