Vidyalelo
Commerce · all questions

Costing
practice.

Practice every MCQ with options. Use Show answers when you want the correct option and solution.

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Bonus under Rowan scheme is paid ________.

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Labour cost is the second element of ________.

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How many rate are used to calculate wages under Taylor's differential piece rate system?

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The loss which arise in manufacturing activity on account of inherent nature of the product is ________.

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Generally types of stores are classified into ________.

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In order to avoid the stoppage of production due to shortage of material _______.

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Discarded material substances having no value is called ________.

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Discarded material substances having some value is ________.

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Which of the following is NOT a selling overhead?

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Idle capacity of a plant refers to the difference between ________.

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Number of worker employed is used as basis for the apportionment of ________.

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Fixed cost per unit increases when _______.

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The process of grouping of costs according to some common characteristics ________.

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Which of the following is an example of semi-variable cost?

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Fire insurance of stock can be apportioned on the basis of ________.

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Appropriate basis for apportionment of material handling charges is ________.

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Recreation expenses in factory are apportioned on the basis of ________.

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Charging output with overhead at reasonable rate is called ________.

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Comprehensive machine hour rate includes ________.

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In labour oriented manufacturing industry which method of overhead absorption is suitable?

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