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Please answer all the questions I have no more attempts left . and put the number before the answer Just type the answer symbol a,

Please answer all the questions I have no more attempts left . and put the number before the answer Just type the answer symbol a, b, c, d ..Cost Accounting

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Question 21 Not yet answered Marked out of 1 P Flag question Which of the following methods of wage payment is most suitable where quality and accuracy of work is of primary importance? a. Halsey premium system O b. Differential piece work system O c. Time rate system O d. Rowan plan Question 22 Not yet answered Marked out of 1 Flag question Which one of the following costs serve as an important factor in determining economic order quantity? a. Material Cost. b. Financial Cost. C. Storage costs. O d. Inventory Cost. Question 23 Not yet answered Marked out of 1 P Flag question From the details given, prepare an income statement and find out the amount of profit under Absorption costing method. Direct materials OMR 7,500, Direct wages OMR 8,000, factory overheads OMR 2,750(Fixed), selling overheads OMR 1,500(variable) and sales OMR 30,000 a. OMR 10,250 O b. OMR 14,600 OC. OMR 79,600 O d. OMR 11,600 Question 24 Not yet answered Marked out of 1 P Flag question Advantages of cost accounting system accrue: a. Only to consumers b. Only to government O c. Only to workers d. To management, workers, consumers and government Question 25 Not yet answered Marked out of 1 P Flag question Find out the amount of Prime cost from the following details: Direct material used OMR 92,000, Carriage outwards OMR 12,000, Productive wages OMR 27,000, Royalty paid OMR 21,000 and hire charge of special Machines for the Job OMR 23,000 O A. OMR 175,000 O b. OMR 163,000 O c. OMR 129,000 O d. OMR 136,000

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