WebCosting MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Costing MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. … Web27 apr. 2024 · 7. Compute EBQ if actual demand is 4000 units, setting up cost is Rs. 100, Cost of manufacturer per unit is Rs. 2000 and Interest rate is 10%. a. 2000 units. b. 200 units. c. 400 units. d. 1600 units.
Costing MCQ Questions and Solutions with Explanations
WebCont r act Cost ing and Job Cost ing — Dist inct ion Main points of distinction between contract costing and job costing are as follows: 1. Contract is generally big while job is small. It is well said, “ a job is a small contract and a contract is a big job.” 2. The number of jobs undertaken at a time are usually large as compared to ... Web26 mrt. 2024 · You can complete the MCQs test for process costing below. If you find any questions difficult, you can learn more about process costing from the section on cost accounting. 1. The monetary value attributed to normal losses in a process should be: A share of the process cost according to the stage of completion of the losses. jin river chermside
MCQsLearn - MCQs on Job Costing and Spoilage Quiz pdf
WebJob costing. Batch costing. 2 JOB COSTING. Job costing is a costing method applied where work is undertaken to customers’ specific requirements and each order is of comparatively short duration. The work relating to a job moves through processes and operations as a continuously identifiable unit. Web12 mrt. 2024 · This MCQ quiz contains 7 questions with 4 options for each question. Based on your knowledge of labor costing, choose the correct option for each MCQ. 1. The … Web24 mei 2024 · Job costing is an accounting method designed to help you track the cost of individual projects and jobs. It involves looking at direct and indirect costs, and it’s … instant pot barbecue meatloaf