Following is used as tool for Cost Control

Related MCQs

• Following is used as tool for Cost Control
• 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
• The responsibility accounting is a controlling tool for…
• The control ratios used by the management to know whether the deviations of the actual performance from the budgeted performance are favourable or unfavourable are __________.
• 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 (are) called the element(s) of Cost
• A good _____ system will not punish the workers for the matters beyond the control of the workers.
• Budgetary control system acts as a friend, philosopher and guide to the…
• Budgetary control facilitates easy introduction of the…