Which costs may normally be ignored when determining whether to close a factory for a short period?

Related MCQs

• Mines `A’ and `B’ are at a distance of 10 kms and 15 kms from the factory. The cost per tonne-km in case of mine A is Rs. 3 while it is R. 2.5 in case of mine B. The factory should procure coal from------------
• Classification and accumulation of costs by fixed and variable costs is a distinctive feature of-----------
• 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-----------
• What term best describes the use of both financial and non-financial measures in assessing whether an entity has achieved its objectives?
• During July actual labour costs amounted to 19,800, the standard rate of pay was 4.50 per hour and the labour rate variance amounted to 225 adverse. The actual hours worked were:
• Direct labour costs will include:
• In process costing, costs follow
• When average costing is used, the opening inventory costs are
• An adverse labour efficiency variance together with a favourable labour rate variance may mean that:
• Materials may not be put into process