Overhead cost is the total of .

Related MCQs

• …….budget may be classified into material cost budget, labour cost budget and overhead budget.
• The total variable cost.......................................in total proportion to output.
• When …………………….is used on the basis of budgeted overheads and the rate is applied to the actual base, the actual overhead expenses may be different from the charged overheads.
• The per unit expense of the ……………portion factory overhead varies with the volume of production while…..........................portion remains the same with volume.
• Factory overhead can be charged on the basis of -.
• The total of all direct expenses is known as ................... cost.
• Works cost is a total of………………
• Cost centre and cost unit are……………………
• ……….cost is irrecoverable cost.
• Inventory turnover ratio = Cost of inventory consumed during theperiod ÷ Cost of ....................................................held during the period