41. Sundry overhead expenses may be apportioned in the ratio of ________.
42. Departmentalization of overhead is known as ________.
43. When the actual overhead is less than the absorbed overhead it is ________.
44. Factory overhead is Rs 3,00,000 and direct material cost is Rs 5,00,000 What is the overhead rate under direct material cost method?
45. Works overhead is Rs 40,000, total machine hours is 8500 hours and time allowed for machine setting is 500 houRs What is the machine rate?
46. Expenditure over and above prime cost is known as ________.
47. In a machine dominated industry which method of overhead absorption is suitable?
48. Most appropriate basis for the apportionment of power is ________.
49. The costing method which can be used in industry where the product pass through different processes is known as ________.
50. Value of normal loss is charged to ________.
Read More Section(Costing)
Each Section contains maximum 100 MCQs question on Costing. To get more questions visit other sections.