The expenses which can be directly charged to jobs, products, processes, cost centers or cost units is termed as

Related MCQs

• The expenses which can be identified with and allocated to cost centers and cost units are termed as……………..
• The average stock level is………….. units if the maximum stock level is 2475 units and the minimum stock level is 855 units.
• The expenses which cannot be directly identified with a particular unit or cost centre is known as …………………...
• Direct expenses are also known as ……………..expenses.
• ……………………..expenses are also called as chargeable expenses.
• Classification of cost into factory cost, administrative cost, selling & distribution cost and research and development cost is done on the basis of…………...
• The aggregate of indirect material, indirect labour and indirect expenses in termed as…………….
• If WIP opening stock is 10,000 units, work done in the period is 13,000 and WIP closing stock is 5,000 units. The equivalent completed unit during the period is:
• The order cost per order of an inventory is Rs. 400 with an annual carrying cost of Rs. 10 per unit. The Economic Order Quantity (EOQ) for an annual demand of 2000 units is
• Material, Labour and Expenses are the three important…………. of cost.