Costing

591. Annual usage is 6000 units @ Rs 20 per unit Cost of placing an order is Rs 60 and annual carrying cost of one unit is 10% of inventory value EOQ = __________.

600 units
750 units
1200 units
1250 units

Detailed SolutionAnnual usage is 6000 units @ Rs 20 per unit Cost of placing an order is Rs

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60 and annual carrying cost of one unit is 10% of inventory value EOQ = __________.

592. The scope of cost accounting include . . . . . . . ., . . . . . . . . and . . . . . . . .

cost ascertainment, cost presentation, cost control
tax planning, tax accounting, financial accounting
presentation of accounting information, creation of policy, day-to-day operation
None of the above

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. . . . . and . . . .
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. . . ." class="read-more button" href="https://exam.pscnotes.com/mcq/the-scope-of-cost-accounting-include-and/#more-51153">Detailed SolutionThe scope of cost accounting include . . . . . . . ., . . . . . . . . and . . . . . . . .
a quantity of similar and identical products are manufactured together as one Job." class="read-more button" href="https://exam.pscnotes.com/mcq/the-costing-is-applied-when-a-quantity-of-similar-and-identical-products-are-manufactured-together-as-one-job/#more-51115">Detailed SolutionThe . . . . . . . . costing is applied when a quantity of similar and identical products are manufactured together as one Job.

594. A technique, which accumulates and tracks costs of business function in value chain attributed to each market, offering from R and D to final customer support, is called

product life cycle
life cycle budgeting
life cycle costing
target costing

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of business function in value chain attributed to each market, offering from R and D to final customer support, is
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called" class="read-more button" href="https://exam.pscnotes.com/mcq/a-technique-which-accumulates-and-tracks-costs-of-business-function-in-value-chain-attributed-to-each-market-offering-from-r-and-d-to-final-customer-support-is-called/#more-51074">Detailed SolutionA technique, which accumulates and tracks costs of business function in value chain attributed to each market, offering from R and D to final customer support, is called

595. Slope coefficient of linear cost function is

zero
one
two
three

Detailed SolutionSlope coefficient

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of linear cost function is

596. Value, which measures that how large is value of standard error in relevance to value of estimated coefficient is termed as

t-value
b-value
d-value
c-value

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to value of estimated coefficient is
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termed as" class="read-more button" href="https://exam.pscnotes.com/mcq/value-which-measures-that-how-large-is-value-of-standard-error-in-relevance-to-value-of-estimated-coefficient-is-termed-as/#more-51039">Detailed SolutionValue, which measures that how large is value of standard error in relevance to value of estimated coefficient is termed as

597. Direct labour means ________.

labour which can be conveniently associated with aparticular cost unit
labour which completes the work manually
permanent labour in the production department

Detailed SolutionDirect labour means ________.

598. Printers use . . . . . . . . costing.

Process
Batch
Job
Contract

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href="https://exam.pscnotes.com/mcq/printers-use-costing/#more-51014">Detailed SolutionPrinters use . . . . . . . . costing.

599. Under which plan efficiency is shared by employee and employer equally?

Time rate
Gantts task and bonus plan
Halsey plan
Rowan plan

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equally?" class="read-more button" href="https://exam.pscnotes.com/mcq/under-which-plan-efficiency-is-shared-by-employee-and-employer-equally/#more-50991">Detailed SolutionUnder which plan efficiency is shared by employee and employer equally?

600. Budgeting system . . . . . . . . key managerial functions.

dismisses
integrates
discharges
None of these

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functions." class="read-more button" href="https://exam.pscnotes.com/mcq/budgeting-system-key-managerial-functions/#more-50965">Detailed SolutionBudgeting system . . . . . . . . key managerial functions.
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