Costing Archives

271. A unit cost calculated in costing system, by assigning total costs incurred to many similar units is categorized as

accounting period costing system

process costing system

job costing system

none of above

class="read-more button" href="https://exam.pscnotes.com/mcq/a-unit-cost-calculated-in-costing-system-by-assigning-total-costs-incurred-to-many-similar-units-is-categorized-as/#more-56064">Detailed Solution

272. Third ranked product in incremental revenue-allocation method is known as

primary product

First incremental product

Second incremental product

Third incremental product

Join Our Telegram Channel

Subscribe on YouTube

method is known as" class="read-more button" href="https://exam.pscnotes.com/mcq/third-ranked-product-in-incremental-revenue-allocation-method-is-known-as/#more-56049">Detailed Solution

273. A bill of material serves the purpose of . . . . . . . .

material requisition

stores ledger

material issue analysis sheet

None of these

Join Our Telegram Channel

Subscribe on YouTube

of . . . . . . . ." class="read-more button" href="https://exam.pscnotes.com/mcq/a-bill-of-material-serves-the-purpose-of/#more-56041">Detailed Solution

274. Relationship between independent variable and dependent variable must be

general ledger

non-achievable

non measureable

economically plausible

Join Our Telegram Channel

64 288 64S117.2 64 74.6 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 href="https://exam.pscnotes.com/mcq/relationship-between-independent-variable-and-dependent-variable-must-be/#more-56039">Detailed Solution

275. Continuous budget is also known as

rolling budget

pin budget

specific budget

past budget

Subscribe on YouTube

Join Our Telegram Channel

class="read-more button" href="https://exam.pscnotes.com/mcq/continuous-budget-is-also-known-as/#more-56022">Detailed Solution

276. For companies in service sector, cost which is not considerable is

Inventoriable costs

finished costs

factory overhead costs

manufacturing overhead costs

Join Our Telegram Channel

Subscribe on YouTube

not considerable is" class="read-more button" href="https://exam.pscnotes.com/mcq/for-companies-in-service-sector-cost-which-is-not-considerable-is/#more-56006">Detailed Solution

277. When opening stock is Rs. 50,000, closing stock is Rs. 60,000 and the cost of goods sold is Rs. 2,20,000, the stock turnover ratio is:

2 times

3 times

4 times

5 times

Join Our Telegram Channel

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 the cost of goods sold is Rs. 2,20,000, the stock turnover ratio is:" class="read-more button" href="https://exam.pscnotes.com/mcq/when-opening-stock-is-rs-50000-closing-stock-is-rs-60000-and-the-cost-of-goods-sold-is-rs-220000-the-stock-turnover-ratio-is/#more-56000">Detailed Solution