Multiple choice just write the correct one. thanks
33. Abbreviation of MRN is O A. Material Return Note O B. Material Requisition Note O C. Membership Record Number O D. Medical Record Number Note: Clearing browsing history.cache and cooklos con algnificantly improve the speed and performance of your brownor. 34. Choose the right abbrivation of WAM under material issue O A. Weighted addition method O B. Wastage average material O C. Wastage average Method O D. Weighted Average Method Noter Clearing browsing history, cache and cookies can significantly improve the speed and performance of your browser. 35. If the bonus paid is calculated by the ratio of time saved to standard time is known as O A. Rowan plan O B. Halsey plan O C. Taylor plan O D. None of these Note: Clearing browsing history, coche and Cool CON 36. If a worker completes the work before standard time his effective rate per hour will always be actual rate per hour. O A Less than O B. More than O C. No change in OD. Equal to 37. If the current balance is : 2,000 units at Rs.leach 3,000 units at Rs.2 each 1,000 units at Rs.3 each Choose the correct stock to be issued under FIFO METHOD. O A. 3,000 units at Rs.2 each O B.2,000 units at Rs.leach O C. 1,000 units at Rs.3 each O D. None of these Subject Code / Name : 160BA2C04-COST ACCOUNTING Note: Clearing browsing history, cache and cookies can significantly improve the speed and performance of your browser. 38. Overtime premium pay may be correctly defined as: O A. The bonus paid to skilled workers. OB. The increased payment during overtime hours because of increased rates of pay. O C. The payment for all hours in excess of the basic working week. O D. A premium paid to workers to compensate for fatigue, Note: Clearing browsing history, cache and cookies can significantly improve the speed and performance of your browser. 39. Bin card in maintained by O A. Stores dept B. Purchase dept O C. Pantry O D. Production dept SUD Note: Clearing browsing history, cache and cookies consignificantly improve the speed and performance of your browser. 40. Calculate EOQ if monthly consumption = 1500 units, Ordering cost = Rs 50 per order, Inventory carrying cost per month per unit =0.6 O A. 2,300 units O B.2,850 units O C. 1,732 units OD. 1,500 units Subject Code / Name : 163BA2004-COST ACCOUNTING Note: Clearing browsing history, cache and cookies consignificantly improve the speed and performance of your browser. 41. If the Total Cost is Rs. 10,50,000 and 3,000 Units are sold at Rs. 420 Per Unit, what would be the Profit? O A. Rs. 2,00,000 O B. Rs. 2,05,000 O C. Rs. 2,10,000 O D. Rs. 2,01,000 Note: Clearing browsing history, cache and cookies can significantly improve the speed and performance ot your browser. 43. The standard time required per unit of a product is 20 minutes. In a day of 8 working hours a worker gave an output of 30 units. If he gets a time rate of 20/hr., the total earnings under Halsey bonus scheme was: O A Rs. 180 OBRs. 200 O C. Rs. 120 O D.Rs. 80 Note: Clearing browsing history, cache and cookies can significantly improve the speed and performance of your browser. 42. Factory Overhead is also known as O A. Works overhead O B. Production overhead O C. All of these O D. Manufacturing overhead Note: Clearing browsing history, cache and cookiou can significantly improve the speed and performance of your browser with a product 44. Direct cost clearly be O A. Allocated O B. Assigned C. Apportioned OD. Identified Note: Clearing browsing history, cache and coolden can significantly improve the speed and performance of your browser. Account 45. The loss incurred on an Incomplete Contract is Transferred to O A. Trading Account O B. Contractee a/c O C. Contract account D. Profit and loss account 46. If the Power Expenses are Rs. 3,600 and apportioned in the ratio 4:3:2:1 to departments ABC and D. what would be the value of Department C? O A. Rs. 360 O B. Rs.1,440 O C. Rs.1,080 OD. Rs. 720 Note: Clearing browsing history.cache and cookies can significantly improve the speed and performance of your browser. 48. If the General Lighting expenses are Rs. 3,000 and apportioned in the ratio 2:3:4:2:1 to departments A BCX and Y, what would be the value of Department B? O A. Rs. 500 O BRs. 750 O C. Rs. 1,000 D. Rs. 500 49. Under Simultaneous Equation if Y=2,000 + 20% of X and the value of X is 4,286, what will be the total value of Y? O A. Rs. 2,858 O B.Rs. 2,856 C.Rs. 6,286 O D. Rs. 2,857 NotaClearing browsing history, cache and cookies can significantly improve the speed and performance of your browser. 50. If the Sundry expenses are Rs. 50,000 and apportioned in the ratio 6:4:6:3:1 to departments ABCX and Y, what would be the value of Department ? O A. Rs. 7,500 OB.Rs. 15,000 OC. Rs. 10,000 O D. Rs. 2.500
