Costing

32. Wages paid to workers of factory are termed as

workers premium
overtime premium
factory premium
wage premium

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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
class="read-more button" href="https://exam.pscnotes.com/mcq/wages-paid-to-workers-of-factory-are-termed-as/#more-58776">Detailed SolutionWages paid to workers of factory are termed as

33. Master budget is a

Functional budget
Operating budget
Summary budget
Financial budget

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81.2z"/> Subscribe on YouTube
button" href="https://exam.pscnotes.com/mcq/master-budget-is-a/#more-58755">Detailed SolutionMaster budget is a

34. The most important element of cost in manufacturing industries is _________.

material
labour
direct costs
indirect costs

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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 class="read-more button" href="https://exam.pscnotes.com/mcq/the-most-important-element-of-cost-in-manufacturing-industries-is-_________/#more-58748">Detailed SolutionThe most important element of cost in manufacturing industries is _________.

35. A concept used to define learning curve in broader application is called

discrete curve
fixed curve
mixed curve
experience curve

Detailed

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SolutionA concept used to define learning curve in broader application is called

36. Final sales is subtracted from net realizable value is used to calculate

separable costs
inseparable costs
joint costs
floating costs

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used to calculate" class="read-more button" href="https://exam.pscnotes.com/mcq/final-sales-is-subtracted-from-net-realizable-value-is-used-to-calculate/#more-58697">Detailed SolutionFinal sales is subtracted from net realizable value is used to calculate

37. The preparation of consolidated balance sheet of holding company and its subsidiary company is done as per

AS 11
AS 21
AS 22
AS 23

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done as per" class="read-more button" href="https://exam.pscnotes.com/mcq/the-preparation-of-consolidated-balance-sheet-of-holding-company-and-its-subsidiary-company-is-done-as-per/#more-58689">Detailed SolutionThe preparation of consolidated balance sheet of holding company and its subsidiary company is done as per

38. Hybrid costing system, which is applied to batches of similar products, but are not identical is classified as

incremental costing system
split off costing system
inventoriable costing system
operation costing system

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is classified as" class="read-more button" href="https://exam.pscnotes.com/mcq/hybrid-costing-system-which-is-applied-to-batches-of-similar-products-but-are-not-identical-is-classified-as/#more-58668">Detailed SolutionHybrid costing system, which is applied to batches of similar products, but are not identical is classified as

39. The maximum bonus rate under Halsey Premium Method, can be

25%
$$30rac{1}{2}% $$
$$33rac{1}{3}% $$
50%

Detailed

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SolutionThe maximum bonus rate under Halsey Premium Method, can be

40. . . . . . . . . costs are partly fixed and partly variable in relation to output.

Variable
Fixed
Semi-variable
Both A and B

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button" href="https://exam.pscnotes.com/mcq/costs-are-partly-fixed-and-partly-variable-in-relation-to-output-2/#more-58635">Detailed Solution. . . . . . . . costs are partly fixed and partly variable in relation to output.
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