Question
Can you answer all the below questions with 100% accuracy giving working notes and reasons? Thank you... Question 1: Metrolinx Company is a visual computerization
Can you answer all the below questions with 100% accuracy giving working notes and reasons? Thank you...
Question 1:
Metrolinx Company is a visual computerization shop that produces occupations to customer subtleties.
During January, Job #3051 was worked on and the going with information is open:
Direct material used $2,500
Direct work hours worked 15
Machine time used 6
Direct work rate every hour $7
Overhead application rate every hour of machine time $18
What was the finished cost of Job #3051 for January?
a. $2,713
b. $2,770
c. $2,812
d. $3,052
Question 2:
What is somewhat of a business that is answerable for the entirety of the exercises related with the creation and courses of action of things, designs and associations.
(a) Profit focus
(b) Cost focus
(c) Responsibility focus
(d) Service cost focus
Question 3:
Which is the worth of choices unpreventable by tolerating a specific technique or utilizing assets in express way.
(a) Replacement cost
(b) Imputed cost
(c) Opportunity cost
(d) Relevant cost
Question 4:
What is a quantitative record of receipts, issues and shutting congruity of things of stores.
(a) Stores records
(b) Stores record
(c) Bin Card
(d) None of the recently referenced
Question 5:
The __ is a quick approach for stock control which targets focusing in endeavors on those things where thought is required most.
(a) VED Analysis
(b) FSN Analysis
(c) JIT Analysis
(d) ABC Analysis
Question 6:
Idle time is
(a) Time spent by laborers off their work
(b) Time spent by laborers in mechanical office
(c) Time spent by laborers on their work
(d) Time spent by laborers in office
Question 7:
Which are those which waver all around direct degree to the volume of yield. These expenses per unit remain ordinarily predictable with changes in progress.
(a) Fixed overhead
(b) Variable overhead
(c) Semi variable overhead
(d) None of the recently referenced
Question 8:
When the extent of overhead accustomed isn't all around the extent of overhead caused, it is called
(a) Under-absorption of overhead
(b) Over-ingestion of overhead
(c) Proper ingestion of overhead
(d) None of the recently referenced
Question 9:
Which of the going with things is denied from organizing of cost sheet?
(a) Carriage inside
(b) Purchase returns
(c) Sales commission
(d) Interest paid
Question 10:
Cost Price isn't fixed if there should arise an occurrence of
(a) Cost despite contracts
(b) Escalation clarification
(c) De inspiring clarification
(d) All of the recently referenced
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