Purchased materials are added in the second department of a three-department process, this order does not increase the number of units produced in the second department and would:

Related MCQs

• Purchased materials are added in the second department of a three-department process; this increases the number of units produced in the second department and would always:
• Fifty units are put in a process at a total cost of Rs. 90. Wastage is normally 10% without any scrap value. If output is 40 units the amount of abnormal loss would be-----------
• The organization budgeted 400,000 for 40,000 hours of direct labour to complete 16,000 units of finished product. The firm used 42,000 direct-labour hours and completed 17,000 units of finished product. What is the direct-labour rate variance?
• In August actual material used amounted to 5,650 kg, budgeted output was 1,000 units and standard material usage was 5 kg per unit. Actual output was 1,075 units. If the standard material cost of each product is 25 the material efficiency variance will be:
• Materials may not be put into process
• Which of the following is the best explanation of the relevance of equivalent production units in process costing?
• The physical flow of units into and out of departments is shown on the:
• The firm’s direct-labour rate variance was 4,800 unfavourable. Actual labour was 24,000 direct-labour hours, at a cost of 1,68,000, for 25,000 units of finished product that require 1 hour of direct labour each, at standard. What is the standard rate per direct-labour hour?
• An adverse material usage variance together with a favourable materials price variance could suggest that:
• Where process scrap is recycled for use in conjunction with new material as well as being so externally, which of the following is most likely to be the value at which is debited to the process?