--------------- Following is (are) called the element(s) of Cost

Related MCQs

• A 'direct' cost is a cost that is classified by:
• Question Selling price per tonne is Rs. 69.50, variable cost per tonne is Rs. 35.50 and fixed cost is Rs. 18, 02,000. Find out the BEP in units
• Following is used as tool for Cost Control
• The following information belongs to John Manufacturing Company that uses a standard costing system: • Basic wage rate:Rs.12 per hour • Fringe benefits: Rs. 2 per hour • Basic time: 2 hours per unit • Allowance for down time: 0.3 hours per unit • Allowance for brakes: 0.2 hours per unit Based on the above information, what is the standard direct labor cost per unit?
• Following is used as tool for Cost Control
• ___________ is not suitable where selling price is determined on the basis of cost-plus method.
• Given production is 1,00,000 units, fixed costs is Rs 2,00,000 Selling price is Rs 10 per unit and variable cost is Rs 6 per unit. Determine profit using technique of marginal costing.
• When fixed cost is Rs. 20,000 and Profit volume ratio is 25 per cent, then breakeven point will occur at
• Period cost means
• If profit-volume ratio is 25 per cent and sales is Rs. 100,000, the variable cost will be