Sale of defectives is reduced from ________.
Sale of defectives is reduced from ________.
Appropriate basis for apportionment of material handling charges is ________.
Appropriate basis for apportionment of material handling charges is ________.
The expenses relating to a particular process is ________.
The expenses relating to a particular process is ________.
Material control involves ________.
Material control involves ________.
Perpetual inventory system involves __________
Perpetual inventory system involves __________
Scrap is ________.
Scrap is ________.
Factory overhead can be charged on the basis of _______.
Factory overhead can be charged on the basis of _______.
Indirect material scrap is adjusted along with ________.
Indirect material scrap is adjusted along with ________.
Direct material is a _______.
Direct material is a _______.
Classification and accumulation of costs by fixed and variable costs is of special importance in ________.
Classification and accumulation of costs by fixed and variable costs is of special importance in ________.
The process of grouping of costs according to some common characteristics ________.
The process of grouping of costs according to some common characteristics ________.
Process costing is suitable for ________.
Process costing is suitable for ________.
Average method of pricing the material issues is useful when ___________.
Average method of pricing the material issues is useful when ___________.
Warehouse rent is a part of ________.
Warehouse rent is a part of ________.
Depreciation of plant and machinery is a part of ________.
Depreciation of plant and machinery is a part of ________.
FIFO is ________.
FIFO is ________.
Direct expenses are also called ________.
Direct expenses are also called ________.
Multiple costing is a technique of using two or more costing methods for ascertainment of cost by _______.
Multiple costing is a technique of using two or more costing methods for ascertainment of cost by _______.
The ascertainment of costs after they have been incurred is known as _________.
The ascertainment of costs after they have been incurred is known as _________.
Prime cost plus variable overheads is known as________.
Prime cost plus variable overheads is known as________.
Job costing used in ________.
Job costing used in ________.
Labour productivity can NOT be measured by comparing ________.
Labour productivity can NOT be measured by comparing ________.
How many rate are used to calculate wages under Taylorss differential piece rate system?
How many rate are used to calculate wages under Taylorss differential piece rate system?
Defectives ________.
Defectives ________.
Bonus under Rowan scheme is paid ________.
Bonus under Rowan scheme is paid ________.
Which of the following methods of stock control aims at concentrating efforts on selected items of material?
Which of the following methods of stock control aims at concentrating efforts on selected items of material?
According to which method of pricing issues is close to current economic values?
According to which method of pricing issues is close to current economic values?
The stores keeper should initiate a purchase requisition when stock reaches ________.
The stores keeper should initiate a purchase requisition when stock reaches ________.
Overhead cost is the total of ________.
Overhead cost is the total of ________.
Normal idle time __________.
Normal idle time __________.
The loss which arise in manufacturing activity on account of inherent nature of the product is ________.
The loss which arise in manufacturing activity on account of inherent nature of the product is ________.
Abnormal loss and its value are _______.
Abnormal loss and its value are _______.
EOQ stands for ________.
EOQ stands for ________.
The most important element of cost in manufacturing industries is _________.
The most important element of cost in manufacturing industries is _________.
Toy manufacturing industry should use _______.
Toy manufacturing industry should use _______.
Costing refers to the techniques and processes of ________.
Costing refers to the techniques and processes of ________.
Difference between job time and attendance time is
Difference between job time and attendance time is
Difference between attendance time and job time is _______.
Difference between attendance time and job time is _______.
Total of all direct costs is termed as ________.
Total of all direct costs is termed as ________.
A document which provides for the detailed cost centre and cost unit is _______.
A document which provides for the detailed cost centre and cost unit is _______.
Labour turnover is ______.
Labour turnover is ______.
In labour oriented manufacturing industry which method of overhead absorption is suitable?
In labour oriented manufacturing industry which method of overhead absorption is suitable?
___________ is the value of economic resources used as a result of producing or doing the thing costed.
___________ is the value of economic resources used as a result of producing or doing the thing costed.
Cost of sales plus profit is _______.
Cost of sales plus profit is _______.
Piece workers are paid on the basis of ________.
Piece workers are paid on the basis of ________.
In__________ the workers are paid on the basis of hourly daily,weekly rate
In__________ the workers are paid on the basis of hourly daily,weekly rate
The cost which is to be incurred even when a business unit is closed is a _____.
The cost which is to be incurred even when a business unit is closed is a _____.
Operating costing is suitable for _______.
Operating costing is suitable for _______.
Continuous stock taking is a part of ________.
Continuous stock taking is a part of ________.
Material requisition is meant for ________.
Material requisition is meant for ________.
The type of loss that should not affect cost of inventories is ________.
The type of loss that should not affect cost of inventories is ________.
Time keeping refers to _______.
Time keeping refers to _______.
operating costing is a ________.
operating costing is a ________.
LIFO method of pricing of materials is more suitable when _________.
LIFO method of pricing of materials is more suitable when _________.
Discarded material substances having no value is called ________.
Discarded material substances having no value is called ________.
Indirect material used in production is classified as ________.
Indirect material used in production is classified as ________.
Idle capacity of a plant refers to the difference between ________.
Idle capacity of a plant refers to the difference between ________.
Contract a/c is _______.
Contract a/c is _______.
Labour cost is the second element of ________.
Labour cost is the second element of ________.
Cost accounting was developed because of the _________.
Cost accounting was developed because of the _________.
Cost unit of a sugar industry can be ________.
Cost unit of a sugar industry can be ________.
Cost accounting concepts include all the following except ________.
Cost accounting concepts include all the following except ________.
The purpose of financial accounting is to provide information for ________.
The purpose of financial accounting is to provide information for ________.
Which of the following is an example of semi-variable cost?
Which of the following is an example of semi-variable cost?
Direct cost incurred can be identified with ________.
Direct cost incurred can be identified with ________.
Fixed cost per unit increases when _______.
Fixed cost per unit increases when _______.
Discarded material substances having some value is ________.
Discarded material substances having some value is ________.
Number of worker employed is used as basis for the apportionment of ________.
Number of worker employed is used as basis for the apportionment of ________.
Given that for a job standard time is 8 hrs, actual time taken is 6 hrs and the time rate is Rs 2 per hr What is the total wages under Halsey premium plan?
Given that for a job standard time is 8 hrs, actual time taken is 6 hrs and the time rate is Rs 2 per hr What is the total wages under Halsey premium plan?
Wages paid to a labour who was engaged in production activities can be termed as _______.
Wages paid to a labour who was engaged in production activities can be termed as _______.
Which of the following is NOT a selling overhead?
Which of the following is NOT a selling overhead?
Batch costing is useful to determine ________.
Batch costing is useful to determine ________.
In goods transport service the cost unit is ________.
In goods transport service the cost unit is ________.
GRN number refers to________.
GRN number refers to________.
Generally types of stores are classified into ________.
Generally types of stores are classified into ________.
Comprehensive machine hour rate includes ________.
Comprehensive machine hour rate includes ________.
The basis for the payment of cash by contractee under contract is ________.
The basis for the payment of cash by contractee under contract is ________.
Fire insurance of stock can be apportioned on the basis of ________.
Fire insurance of stock can be apportioned on the basis of ________.
Recreation expenses in factory are apportioned on the basis of ________.
Recreation expenses in factory are apportioned on the basis of ________.
Differential piece wages means _______.
Differential piece wages means _______.
Actual loss is more than the predetermined normal loss, it is ________.
Actual loss is more than the predetermined normal loss, it is ________.
Charging output with overhead at reasonable rate is called ________.
Charging output with overhead at reasonable rate is called ________.
Basic objective of cost accounting is ________
Basic objective of cost accounting is ________
Prime cost includes _______.
Prime cost includes _______.
Comparing Rowan plan and Halsey plan, it is seen that when the time saved is less than 50% of the standard time ________._
Comparing Rowan plan and Halsey plan, it is seen that when the time saved is less than 50% of the standard time ________._
Office and administrative expenses can be charged on the basis of _______.
Office and administrative expenses can be charged on the basis of _______.
Normal loss in the manufacturing process leads to _______.
Normal loss in the manufacturing process leads to _______.
Idle time is ________.
Idle time is ________.
Material is issued by store keeper against ________.
Material is issued by store keeper against ________.
Which one of the following is not considered for preparation of cost sheet?
Which one of the following is not considered for preparation of cost sheet?
Tender is an _______.
Tender is an _______.
ABC analysis is ________.
ABC analysis is ________.
Audit fess is a part of _______.
Audit fess is a part of _______.
Bin card is maintained by ________.
Bin card is maintained by ________.
Those cost which is incurred to prevent the labour turnover __________.
Those cost which is incurred to prevent the labour turnover __________.
Cost classification can be done in ________.
Cost classification can be done in ________.
Classification of cost is useful ________.
Classification of cost is useful ________.
In order to avoid the stoppage of production due to shortage of material _______.
In order to avoid the stoppage of production due to shortage of material _______.
Over time is ________.
Over time is ________.
Time wages are paid on the basis of ________.
Time wages are paid on the basis of ________.
Process cost is ascertained and recorded in ________.
Process cost is ascertained and recorded in ________.
