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Commerce · all questions

Costing
practice.

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The method in which issue prices of material is computed by dividing total purchase cost of material in stock with total quantity in stock ________.

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Under which method the rate of wages are linked with the cost of living index?

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Under which plan efficiency is shared by employee and employer equally?

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Which of the following method of wage payment is most suitable where the speed of production is beyond the control of worker?

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Under which method of wage payment, wages are influenced by idle time?

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The allotment of whole item of cost to cost centre or cost units is called _________.

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Packing cost is ________.

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Directors remuneration and expenses form part of ________.

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Absorption means ________.

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Which of the following is a service department?

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Bad debt is an example of ________.

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Variable cost per unit ________.

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Increase in total variable cost is due to ________.

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An example of fixed cost ________.

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The process of allocating and apportioning the costs on suitable basis to all the departments is _______.

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The process of redistribution of service department costs to production departments is ________.

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Depreciation of plant can be apportioned on the basis of ________.

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Indirect materials can be apportioned on the basis of ________.

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A cost unit is ________.

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Factory overhead is also called as ________.

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