Costing

31. Match the items of List-I with those of List-II and indicate the correct canswer: List-I List-II a. Postage stamp pricing 1. Equality of marginal and average cost b. Loss leader 2. Constant average and marginal cost c. Economic capacity 3. Product line pricing d. Reserve capacity 4. Differential pricing

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

Detailed SolutionMatch the items of List-I with those of List-II and indicate the correct canswer: List-I List-II a. Postage stamp pricing 1. Equality of marginal and average cost b. Loss leader 2. Constant average and marginal cost

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c. Economic capacity 3. Product line pricing d. Reserve capacity 4. Differential pricing

32. In regression analysis, if observed cost value is 62 and predicted cost value is 29, then disturbance term would be

33
91
81
43

Detailed SolutionIn regression analysis,

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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
if observed cost value is 62 and predicted cost value is 29, then disturbance term would be

33. Value of sales considers sales value at split off method is of

entire direct material of accounting period
entire production of accounting period
portion of production of accounting period
entire indirect material of accounting period

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split off method is of" class="read-more button" href="https://exam.pscnotes.com/mcq/value-of-sales-considers-sales-value-at-split-off-method-is-of/#more-55061">Detailed SolutionValue of sales considers sales value at split off method is of

34. Department which provides assisting services to internal departments is classified as

supply department
support department
production department
allocation base department

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as" class="read-more button" href="https://exam.pscnotes.com/mcq/department-which-provides-assisting-services-to-internal-departments-is-classified-as/#more-55056">Detailed SolutionDepartment which provides assisting services to internal departments is classified as

35. Prime cost is $50000 and direct manufacturing labour is $10000, then direct material cost will be

$40,000
$60,000
$52,000
$20,000

Detailed Solution

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class="screen-reader-text">Prime cost is $50000 and direct manufacturing labour is $10000, then direct material cost will be

36. Which of the following is NOT a selling overhead?

Insurance to cover sold goods while in transit
Royalty on sales
Legal cost on debt realization
Distribution of samples

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NOT a selling overhead?" class="read-more button" href="https://exam.pscnotes.com/mcq/which-of-the-following-is-not-a-selling-overhead/#more-55028">Detailed SolutionWhich of the following is NOT a selling overhead?

37. Assertion (A): Ratio analysis is one of the tools employed to know the financial health of a concern. Reason (R): Ratio analysis is not the only technique available to take an investment decision.

Both (A) and (R) are true, and (R) is the correct explanation of (A)
Both (A) and (R) are true, but (R) is not the correct explanation of (A)
(A) is true, but (R) is false

Detailed SolutionAssertion (A): Ratio analysis is one of the tools employed to know the financial health of a concern. Reason (R): Ratio analysis is not the only technique available to take an investment decision.

38. “The following information is available for the W hotel for the latest thirty day period. Number of rooms available per night 40 Percentage occupancy achieved 65% Room servicing cost incurred Rs 3900 The room servicing cost per occupied room-night last period, to the nearest Rs, was:”

Rs 3.25
Rs 5.00
Rs 97.50
Rs 150.00

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per occupied room-night last period, to the nearest Rs, was:”" class="read-more button" href="https://exam.pscnotes.com/mcq/the-following-information-is-available-for-the-w-hotel-for-the-latest-thirty-day-period-number-of-rooms-available-per-night-40-percentage-occupancy-achieved-65-room-servicing-cost-incurred-rs-3900/#more-55005">Detailed Solution“The following information is available for the W hotel for the latest thirty day period. Number of rooms available per night 40 Percentage occupancy achieved 65% Room servicing cost incurred Rs 3900 The room servicing cost per occupied room-night last period, to the nearest Rs, was:”

39. In Regression Analysis, if an observed cost value is 85 and disturbance error is 25 then predicted cost value will be

110
125
60
70

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cost value will be" class="read-more button" href="https://exam.pscnotes.com/mcq/in-regression-analysis-if-an-observed-cost-value-is-85-and-disturbance-error-is-25-then-predicted-cost-value-will-be/#more-55001">Detailed SolutionIn Regression Analysis, if an observed cost value is 85 and disturbance error is 25 then predicted cost value will be

40. A problem which arises because of presence of systematic pattern in residual value sequence is considered as

parallel correlation
serial correlation
auto correlation
both B and C

Detailed SolutionA problem which

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arises because of presence of systematic pattern in residual value sequence is considered as

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