Room/day is the cost unit used in…………………

Related MCQs

• A statement prepared to provide detailed cost of a cost centre or cost unit is
• Cost centre and cost unit are……………………
• The cost which is to be incurred even when a business unit is closed is a ____ cost.
• The cost of labour which is directly engaged in production work and can be conveniently identified to a job, process or cost unit is
• Batch costing is a form of specific order/job costing where the cost per unit is ascertained by _________ the total cost of a batch by the number of items produced in that batch.
• ABC ltd. uses the following flexible budget formula to annual maintenance cost: Total cost = Rs. 6720 + Rs. 0.64 for machine hour The current month's budget is based on 20,000 hours of planned machine time. The maintenance cost included in this flexible budget for the current month is
• Variable Cost per Unit
• ABC Ltd. has furnished the following information for 4,000 units of product for the year 2014-2015 : Particulars Rs. Direct materials 2,50,000 Direct labour 2,00,000 Manufacturing overheads 2,80,000 (40 % fixed) Selling and administrative overheads 2,70,000 (30 % fixed) The total cost of 4,380 unit is
• ………………………. is one which can be conveniently identified with and charged to a particular unit of cost.
• Fixed cost per unit …………………… with rise in output and …………… with fall in output.