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Commerce · all questions

Costing
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If beginning work in process inventory units are 2600, units started are 9000, ending work in process units are 2300 and completed good units are 8000 then total spoilage will be

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Residual material which results from manufacturing products is called

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Costing, which explains how and when scrap affects operating income of company is classified as

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An amount of spoilage that is natural in any particular production process is classified as

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Cost of abnormal spoilage is not treated as

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If units of normal spoilage are 150 and total good units manufactured are 1500, then normal spoilage rate would be

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Total transferred-out cost plus normal spoilage is divided by number of goods units produced to calculate

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Type of spoilage, which is considered as controllable and can be avoided is called

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Increase in the amount of creditors result in

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The expenses which are incurred to increase the demand of the product are known as

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Out of pocket costs involve payment to . . . . . . . . .

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Process costing is also known as . . . . . . . . costing.

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Which of the following relate to measures of non-financial performance of a concern?
1. Customer satisfaction
2. Business process improvement
3. Economic value added
4. Learning organisation
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The ratio for testing immediate solvency is

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What does a high payout ratio indicate?

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The primary difference between a fixed budget and a variable (flexible) budget is that a fixed budget:

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Warehousing cost is an item of:

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Sale of investment in marketable securities implies

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If the beginning balance in raw materials inventory is Rs. 5,000, the ending balance is Rs. 3,500 and material of Rs. 60,000 was purchased, what is the amount of materials transferred to work-in-processinventory during the period?

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Fancy packing is an example of . . . . . . . . expenses.

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