Articles Tagged: cost

Question: If Opening Inventory Of Material Is ` 20,000 And Closing Inventory Is ` 40,000.The Average Inventory Amount Will Be: a. 40,000 b. 30,000 c. 20,000 d. 10,000

Question: Store Incharge After Receiving The Material As Per The Goods Received Note, Places The Material At Its Location And Makes An Entry In_______ . a. Bin Card b. Store Ledger Card c. Stock Ledger d. None of the given options

Question: Which Of The Following Cannot Be Used As A Base For Overhead Absorption Rate’s Determination? a. Number of units produced b. Prime cost c. Conversion cost d. Discount Allowed

Question: Cost Accounting Department Prepares ___________ That Helps Them In Preparing Final Accounts. a. Cost sheets b. Cost of goods sold statement c. Cost of production Report d. Material requisition form

Question: Buyer Produced 20,000 Units And Their Total Factory Cost Was ` 450,000, Other Cost Like Property Tax On Factory Building Was ` 10,000 Included In That Cost Till Year Ended The Cost Of Per Unit Would Be: a. 22.5 b. 23.5 c. 24.5 d. 26.5