{"id":45364,"date":"2024-04-15T21:56:57","date_gmt":"2024-04-15T21:56:57","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=45364"},"modified":"2024-04-15T21:56:57","modified_gmt":"2024-04-15T21:56:57","slug":"basis-of-apportionment-of-stores-service-expenses-is","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/basis-of-apportionment-of-stores-service-expenses-is\/","title":{"rendered":"Basis of apportionment of stores service expenses is . . . . . . . ."},"content":{"rendered":"<p>[amp_mcq option1=&#8221;value of materials consumed&#8221; option2=&#8221;units of material consumed&#8221; option3=&#8221;products produced&#8221; option4=&#8221;None of these&#8221; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The correct answer is: A. value of materials consumed.<\/p>\n<p>Stores service expenses are the costs incurred in storing and issuing materials to production departments. These expenses include the costs of labor, materials, and overhead associated with the stores department.<\/p>\n<p>The value of materials consumed is the most common basis for apportioning stores service expenses to production departments. This is because the value of materials consumed is a good measure of the amount of materials used by each production department.<\/p>\n<p>The units of material consumed is another possible basis for apportioning stores service expenses. However, this basis is not as accurate as the value of materials consumed, because it does not take into account the different costs of different types of materials.<\/p>\n<p>The products produced is not a good basis for apportioning stores service expenses. This is because the costs of storing and issuing materials are not directly related to the products produced.<\/p>\n<p>In conclusion, the value of materials consumed is the most common and accurate basis for apportioning stores service expenses to production departments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;value of materials consumed&#8221; option2=&#8221;units of material consumed&#8221; option3=&#8221;products produced&#8221; option4=&#8221;None of these&#8221; correct=&#8221;option1&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[952],"tags":[],"class_list":["post-45364","post","type-post","status-publish","format-standard","hentry","category-costing","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Basis of apportionment of stores service expenses is . . . . . . . .<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/basis-of-apportionment-of-stores-service-expenses-is\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Basis of apportionment of stores service expenses is . . . . . . . .\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;value of materials consumed&#8221; 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