Costing

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

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

material
labour
direct costs
indirect costs

Detailed SolutionThe

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most important element of cost in manufacturing industries is _________.

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

discrete curve
fixed curve
mixed curve
experience curve

Detailed SolutionA

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concept used to define learning curve in broader application is called

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

separable costs
inseparable costs
joint costs
floating costs

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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

87. 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

Detailed SolutionThe

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

88. 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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not identical 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

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

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

Detailed

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SolutionThe maximum bonus rate under Halsey Premium Method, can be

90. . . . . . . . . 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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