Costing

industry?" class="read-more button" href="https://exam.pscnotes.com/mcq/which-method-of-costing-can-be-used-in-furniture-manufacture-industry/#more-59148">Detailed SolutionWhich method of costing can be used in furniture manufacture industry?

62. Learning curve models include

cumulative average time learning model
incremental unit time learning model
incremental production learning model
both a and b

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title="Learning curve models include" class="read-more button" href="https://exam.pscnotes.com/mcq/learning-curve-models-include/#more-59119">Detailed SolutionLearning curve models include

63. Direct material is a ________.

manufacturing cost
administrative cost
selling cost
distribution cost

Detailed

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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
SolutionDirect material is a ________.

64. In regression analysis, if observed cost value is 50 and predicted cost value is 7, then disturbance term will be

57
43
67
47

Detailed SolutionIn regression analysis, if

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observed cost value is 50 and predicted cost value is 7, then disturbance term will be

65. A document which consists information about labour time usage, for specific job in a specific department, is known as

selling time record
labour time record
buying time record
direct time record

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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/a-document-which-consists-information-about-labour-time-usage-for-specific-job-in-a-specific-department-is-known-as/#more-59044">Detailed SolutionA document which consists information about labour time usage, for specific job in a specific department, is known as

66. If relevant incremental costs are $5000 and relevant opportunity cost of invested capital is $2500, then relevant inventory carrying costs would be

$7,500
$7,000
$6,500
$6,000

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costs would be" class="read-more button" href="https://exam.pscnotes.com/mcq/if-relevant-incremental-costs-are-5000-and-relevant-opportunity-cost-of-invested-capital-is-2500-then-relevant-inventory-carrying-costs-would-be/#more-59030">Detailed SolutionIf relevant incremental costs are $5000 and
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relevant opportunity cost of invested capital is $2500, then relevant inventory carrying costs would be

67. Factory overhead is Rs 3,00,000 and direct material cost is Rs 5,00,000 What is the overhead rate under direct material cost method?

25%
30%
60%
75%

Detailed SolutionFactory overhead is Rs 3,00,000 and direct

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material cost is Rs 5,00,000 What is the overhead rate under direct material cost method?

68. The relationship between two financial variables can be expressed in

Pure ratio
Percentage
Rate or time
Either of the above

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button" href="https://exam.pscnotes.com/mcq/the-relationship-between-two-financial-variables-can-be-expressed-in/#more-59007">Detailed SolutionThe relationship between two financial variables can be expressed in

69. Overvaluation of opening stock in financial accounting results ________.

decreases costing profit
decreases financial accounts profit
increases costing profit
increases financial accounts profit

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81.2-142.7 81.2z"/> Subscribe on YouTube results ________." class="read-more button" href="https://exam.pscnotes.com/mcq/overvaluation-of-opening-stock-in-financial-accounting-results-________/#more-59002">Detailed SolutionOvervaluation of opening stock in financial accounting results ________.

70. Practice, which makes target more achievable by underestimating revenues or overestimating cost is called

cost slack
target slack
budgetary slack
revenue slack

Detailed SolutionPractice,

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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
which makes target more achievable by underestimating revenues or overestimating cost is called

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