The quantity of material to be ordered at one time is known as…………

Related MCQs

• ……….represents that quantity of material which is normally ordered when a particular material reaches reordering level.
• Material consumed is Rs. 5,00,000 Opening stock of raw material is Rs. 50,000 and Closing stock of raw material is Rs. 25,000. What is the cost of raw material purchased?
• For a work order, standard time and time taken are 20 hours and 15 hours respectively. Time rate being Rs. 2 per hour, total wages payable under Rowan Premium Plan will be……………….
• The .....................costing is applied when a quantity of similar and identical products are manufactured together as one Job.
• Material abstract is also known as ………………
• Material budget consists of two parts, one is the consumption budget and another Is .
• Economic Batch Quantity is an important point to be determined in industries where...................... costing is employed.
• Economic Batch Quantity depends on...........................and…………..costs.
• The budget which shows the budgeted quantity of output to be produced during a specific period is.
• Material control does not cover the following stage.