…………….. is the assessment of the relative worth of jobs within a company whereas ………….is the assessment of the relative worth of man behind the job.

Related MCQs

• Each job has a ………….. prepared for it that bears the job number and which is used to collect all cost data relating to job.
• Each job has a ______ prepare for it that bears the job number and which is used to collect all cost data relating to job.
• What we prepare for each job that bears the job number and which is used to collect all cost data relating to job is:
• ………………….is concerned with discovery of facts concerning a job and ……………….is concerned with ascertaining the money value of a job.
• Which document is prepared to transfer material from one job to the other job?
• For conducting …………………..workers are studied at their jobs and all their movements and motions are noted.
• ………………..is maintained to know how the worker’s time shown by the time card is spent on various jobs.
• This sheet is the daily record of the work done by a worker on different jobs: -
• A company estimates its direct material requirements for the month of November 2014 to be Rs. 2,40,000 and the direct labour to be Rs. 1,500,00. It is the policy of the company to absorb overheads as under : Factory overheads 60% of direct wages Administrative overheads 20% of work cost Selling and distribution overheads 25% of work cost it is estimated that the selling and distribution overheads will increase by 15% in November the budgeted sales for the month of November 2014 is
• Entry under Integrated System for : Cash purchase of special materials for direct use in a job