Supervision is charged on the basis of:

Related MCQs

• 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.
• Expenses incurred during production other than direct materials and direct labour are called…………..factory expenses; those charged to production on estimated basis are called …………….
• ………………………. is one which can be conveniently identified with and charged to a particular unit of cost.
• Period costs charged to……………….
• In which method of material issues, production is charged at the recent prices?
• If an item of overhead expenditure is charged specifically to a single department this would be an example of:
• 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
• ABC Ltd. has prepared the cash budget for the year 2014-2015 and provided the following information pertaining to sales value : Month Rs. April 2014 2,50,000 May 2014 2,80,000 June 2014 3,20,000 July 2014 3,50,000 20% of the monthly sales are expected to be on cash basis. 60% of the credit sales are expected to be realised in the month following the month of sales and remaining 40% are expected to be realized in the second month following the month of sale. The estimated cash receipts in the month of June 2014 are:
• Basis of apportionment of stores service expenses is ………………..
• Basis of apportionment of welfare department expenses is…………..