Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

5 Identify the correct statement from the following: a Employees are paid for idle time under time wage system b Employees are paid for idle

5\ Identify the correct statement from the following:

a\ Employees are paid for idle time under time wage system

b\ Employees are paid for idle time under Gantts task bonus plan

c\ None of these

d\ Employees are paid for idle time under piece wage system

6\ Identify the correct statement from the following:

a\ In marginal costing, fixed manufacturing costs are treated as period cost

b\ Marginal costing is also known as variable costing

c\ In marginal costing, fixed selling expense is treated as product cost

d\ In marginal costing, the closing stock is valued at both variable and fixed cost per unit

choose the correct answer . Give me the question number and answer code. I hope that you will help me and solve all the questions. Thank.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

FINANCIAL ACCOUNTING AND COSTING

Authors: Meera Gopi Krishna

1st Edition

979-8604687369

More Books

Students also viewed these Accounting questions