Normal idle time __________.
A. can be avoided
B. can be minimized
C. cannot be avoided
D. can be controlled
Answer: Option C
Solution(By Examveda Team)
Normal idle time cannot be avoided. The main reasons for the occurrence of normal idle time are as follows:i. Time taken by workers to travel the distance between the main gate of factory and the place of their work.
ii.Time lost between the finish of one job and starting of next job.
iii. Time spent to overcome fatigue.
iv. Time spent to meet their personal needs like taking lunch, tea etc.
Related Questions on Costing
Basic objective of cost accounting is ________
A. tax compliance.
B. financial audit.
C. cost ascertainment.
D. profit analysis.
Process costing is suitable for ________.
A. hospitals
B. oil refing firms
C. transport firms
D. brick laying firms
The cost which is to be incurred even when a business unit is closed is a _____.
A. imputed cost
B. historical cost
C. sunk cost
D. shutdown cost
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