Costs which remains constant at all level of production is a

Related MCQs

• Which of the following costs will vary directly with the level of production
• Certain overhead costs cannot be directly charged to a department or cost centres. The process of distribution of such overhead costs to various departments is called
• The per unit expense of the ……………portion factory overhead varies with the volume of production while………………..portion remains the same with volume.
• In …………………..each job is a cost unit to which all costs are assigned.
• A company is preparing a production budget for the next year. The following information is relevant : Budgeted sales 10,000 units Opening stock 600 units Closing stock 5% of budgeted sales The production process is such that 10% of the units produced are rejected. What is the number of units required to be produced to meet demand?
• The budgeted cost of electricity is Rs. 62,500 for 5,000 units of production per month and Rs. 71,500 for 6,200 units of production per month. If the company manufactures 6,900 units in the month of May 2014, the budgeted amount of electricity for the month is
• Expenses incurred during production other than direct materials and direct labour are called…………..factory expenses; those charged to production on estimated basis are called …………….
• When a flexible budget is used a decrease in the actual production level within a relevant range would
• The total of all indirect costs is known as
• If re-ordering level is 450 units while consumption of materials are 25-27 units and materials are received within 4-6 weeks, the minimum level will be