3. If rent is Rs. 1,50,000, and it has to be shared in the ratio 2:1 for Factory and Office, What would be the value of Factory Rent? O A. Rs. 1,25,000 O B. Rs. 50,000 O C. Rs. 1,00,000 O D. Rs. 25,000 4. In a cost sheet, Opening and Closing stock of Finished goods is to be considered after A. OSelling & Distribution overheads B. Office overheads C. OFactory Overheads D. ORaw Materials consumed 5. A document which provides for the detailed cost centre and cost unit is. O A. Tender O B. Cost Sheet O C. Invoice O D. Profit Statement 6. Identify Direct Labour from the following O A. Supervisor O B. Machine Operator O C. Inspector O D. Cleaner 7. A location, Person or item of equipments for which the costs may be ascertained is known as O A. None of these O B. Cost Unit O C. Cost O D. Cost Centre 8. is the sum of direct wages, direct expense and overhead costs of converting raw material from one stage of production to the next. O A. Selection cost O B. Discretionary cost O C. Incremental cost O D. Conversion cost _Costs 9. Cost Accounting aims at improving profitability by O A. Controlling Only O B. Controlling and Reducing O C. Reducing Only O D. Neither Controlling Nor Reducing 10. Calculate % of AOH, if AOH is 30,000 and Works cost is 1,50,000. What will the % of AOH in estimated cost sheet? O A. 25% O B. 15% O C. 10% OD. 20%