32. If the prime cost is Rs. 50,000 and factory cost will Rs. 70,000 and office overhead is 50% of factory overhead, then the production cost will be

1,55,000
1,05,000
85,000
80,000

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be" class="read-more button" href="https://exam.pscnotes.com/mcq/if-the-prime-cost-is-rs-50000-and-factory-cost-will-rs-70000-and-office-overhead-is-50-of-factory-overhead-then-the-production-cost-will-be/#more-46780">Detailed SolutionIf the prime cost is Rs. 50,000 and factory cost will Rs. 70,000 and office overhead is 50% of factory overhead, then the production cost will be
class="screen-reader-text">The costing method in which fixed factory overheads are added to inventory is

35. In quantitative analysis to estimate cost function, fourth step is to

write a liner function
write price function
write manufacturing function
plot data

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button" href="https://exam.pscnotes.com/mcq/in-quantitative-analysis-to-estimate-cost-function-fourth-step-is-to/#more-46657">Detailed SolutionIn quantitative analysis to estimate cost function, fourth step is to

36. . . . . . . . . budget is the most important budget and it forms the basis on which all the other budgets are built up.

Production
Material
Cash budget
Sales

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which all the other budgets are built up." class="read-more button" href="https://exam.pscnotes.com/mcq/budget-is-the-most-important-budget-and-it-forms-the-basis-on-which-all-the-other-budgets-are-built-up/#more-46653">Detailed Solution. . . . . . . . budget is the most important budget and it forms the basis on which all the other budgets are built up.

37. An expected future cost which diverges in unconventional course of action is known as

partial cost
total cost
irrelevant cost
relevant cost

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class="read-more button" href="https://exam.pscnotes.com/mcq/an-expected-future-cost-which-diverges-in-unconventional-course-of-action-is-known-as/#more-46629">Detailed SolutionAn expected future cost which diverges in unconventional course of action is known as

38. Labour cost is the second element of ________.

cost
profit
sales
task

Detailed Solution

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class="screen-reader-text">Labour cost is the second element of ________.

39. . . . . . . . . is concerned with discovery of facts concerning a job and . . . . . . . . is concerned with ascertaining the money value of a job.

Job description, job evaluation
Job specifications, job evaluation
Job analysis, job evaluation
None of these

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. . . . . . is concerned with discovery of facts concerning a job and . . . . . . . . is concerned with ascertaining the money value of a job." class="read-more button" href="https://exam.pscnotes.com/mcq/is-concerned-with-discovery-of-facts-concerning-a-job-and-is-concerned-with-ascertaining-the-money-value-of-a-job/#more-46624">Detailed Solution. . . . . . . . is concerned with discovery of facts concerning a job and . . . . . . . . is concerned with ascertaining the money value of a job.

40. The internal factors affecting the wage mix include: (i) Relative worth of the job (ii) Regional wage rates (iii) Employer’s ability to pay (iv) Manpower market conditions

(i), (ii) and (iii)
(i) and (iii)
(ii), (iii) and (iv)
All of the above

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ability to pay (iv) Manpower market conditions" class="read-more button" href="https://exam.pscnotes.com/mcq/the-internal-factors-affecting-the-wage-mix-include-i-relative-worth-of-the-job-ii-regional-wage-rates-iii-employers-ability-to-pay-iv-manpower-market-conditions/#more-46614">Detailed SolutionThe internal factors affecting the wage mix include: (i) Relative worth of the job (ii) Regional wage rates (iii) Employer’s ability to pay (iv) Manpower market conditions

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