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Please answer for accounting: (I) Choose the right answer from the given other options: 1) In interaction, conve$ion cost implies (a) Cost of direct materials,

Please answer for accounting:

(I) Choose the right answer from the given other options:

1) In interaction, conve$ion cost implies

(a) Cost of direct materials, direct work, direct costs

(b) Direct work, direct costs, circuitous material, aberrant work, roundabout costs

(c) Prime cost in addition to manufacturing plant overheads

(d) All costs up to the item arriving at the shopper, less immediate material expenses

2) At the financial requesting amount level, coming up next is valid:

(a) The requesting cost is least

(b) The conveying cost is least

(c) The requesting cost is equivalent to the conveying cost

(d) The price tag is least

3) When an immediate specialist is paid on a month to month fixed compensation premise, coming up next is valid:

(a) There is no inactive time lost.

(b) There is no inactive time cost.

(c) Idle time cost is isolated and treated as overhead.

(d) The pay is completely treated as processing plant overhead expense.

4) The after is an illustration of direct costs according to CAS-10:

(a) Special crude material which is a significant piece of the superb expense.

(b) Travelling costs to site.

(c) Overtime charges paid to guide specialist to finish work before time.

(d) Catalogue of costs of completed items.

5) The after isn't treated as an assembling overhead:

(a) Lubricants

(b) Cotton squander

(c) Apportioned organization overheads

(d) Night move recompense paid to an assembly line laborer because of general work pressure.

6) When you endeavor a compromise of benefits according to Financial Accounts and Cost Accounts, coming up next is finished:

(a) Add the under assimilation of overheads in Cost Accounts in the event 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 assimilation of overheads in Cost Accounts in the event that you start from the benefits according to Financial Accounts.

(d) Add the over assimilation of overheads in Cost Accounts on the off chance that you start from the benefits according to Cost Accounts.

7) Batch Costing is applied viably in the accompanying circumstance:

(a) paper producing

(b) drug producing

(c) designer garments producing

(d) oil refining

8) In the setting of Contract a/c, work finished and not yet guaranteed will beshown

(a) at cost in addition to + 2/third of the notional benefit under 'Finished Work'.

(b) at cost in addition to notional benefit less maintenance cash under 'Finished Work'.

(c) at cost under 'Finished Work'.

(d) at cost under WIP a/c.

9) A certain interaction required standard work of 24 talented work hou$ and 30 incompetent work hou$ at $. 60 and $. 40 individually as the standard work rates. As a matter of fact, 20 and 25 work hou$ were utilized at $. 50 and $. 50 separately. At that point, the work blend change will be

(a) Adve$e

(b) Favourable

(c) Zero

(d) Favourable for talented and ominous for incompetent

10) If an association has all the assets it requires for creation, at that point the chief spending factor is destined to be

(a) non-existing

(b) sales request

(c) raw materials

(d) labour supply

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