Question
Guide me asap with correct answers only! Do provide calculation and explanation for each of the question. Question 1: Ellis Company produces two products from
Guide me asap with correct answers only! Do provide calculation and explanation for each of the question.
Question 1:
Ellis Company produces two products from a joint process: X and Z.
Joint processing costs
for this production cycle are $8,000.
Yards
Sales price
per yard at
split-off
Disposal
cost per
yard at
split-off
Further
processing
per yard
Final sale
price per
yard
X 1,500 $6.00 $3.50 $1.00 $ 7.50
Z 2,200 9.00 5.00 3.00 11.25
If X and Z are processed further, no disposal costs will be
incurred or such costs will be borne by the buyer.
Question 2:
Which of coming up next is directly with respect to coordinate examination?
(a) There can be at any rate one activities without a paradigm in an association.
(b) Where two activities have a comparative start and end events, the end event of one development is numbered contrastingly and thereafter related by a faker to the initially starting event.
(c) When hammering is done, the non-essential ways need to remain non fundamental.
(d) If the fundamental way is longer than various ways, the endeavor may be done by using a way having a more restricted term.
Question 3:
In measure, change cost recommends
(A) Cost of direct materials, direct work, direct costs
(B) Direct work, direct costs, hazardous material, strange labour,indirectexpenses
(C) Prime cost proportionally as getting ready plant overheads
(D) All costs up to the thing appearing at the purchaser, less energetic material expenses
Question 4:
At the money related hinting sum to level, coming up next is enormous:
(A) The intimating cost is least
(B) The passing on cost is least
(C) The recommending cost is not well characterized from the passing on cost
(D) The retail cost is least
Question 5:
When you attempt a compromise of benefits as shown by Financial Accounts and Cost Accounts, coming up next is finished:
(A) Add the under assimilation of overheads in Cost Accounts on the off chance that you start from the benefits according to Financial Accounts.
(B) Add the under ingestion of overheads in Cost Accounts on the off chance that you start from the benefits according to Cost Accounts.
(C) Add the over ingestion of overheads in Cost Accounts on the off chance that you start from the benefits as shown by Financial Accounts.
(D) Add the over ingestion of overheads in Cost Accounts in the event that you start from the benefits as demonstrated by Cost Accounts.
Question 6:
In the setting of Contract a/c, work finished and not yet ensured will beshown
(A) at cost despite + 2/third of the notional benefit under 'Finished Work'.
(B) at cost despite notional benefit less help cash under 'Finished Work'.
(C) at cost under 'Finished Work'.
(D) at cost under WIP a/c.
Question 7:
A certain cycle required standard work of 24 skilled work hours and 30 clumsy work hours at ' 60 and 40 independently as the standard work rates. Considering everything, 20 and 25 work hours were utilized at ' 50 and 50 autonomously. By at that point, the work blend difference will be
(A) Adverse
(B) Favourable
(C) Zero
Question 8:
Favourable for gifted and negative for uncouth
(x) If an association has the entirety of the assets it needs for creation, by then the head spending factor will undoubtedly be
(A) non-existing
(B) sales request
(C) raw materials
(D) labour supply
Question 9:
A association's genuine procedure is
(A) mostly concealed to outside see and is acknowledged particularly to undeniable level heads.
(B) partly proactive and mostly responsive to developing conditions.
(C) typically orchestrated well early and usually diverges little from the organized game plan of exercises and business approaches because of the perils of making on-the-spot changes.
(D) mostly a part of the methods being used by rival associations (particularly those associations that are industry pioneers).
Question 10:
Blue Ocean Strategy is stressed over
(A) moving into new market with new things
(B) creating another business places where there is no resistance
(C) developments of things and markets to ensure perseverance
(D) making the thing phenomenal with respect to credits
Question 11:
Batch Costing is applied adequately in the going with condition:
(A) paper making
(B) drug making
(C) designer garments making
(D) oil refining
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