Question 23 Not yet answered Marked out of 1.00 Depreciation of machine equipment is a a Direct expenses O b. Variable expenses Flag O c. None of these question Od. Indirect expenses Question 24 Calculate Re-order level from the following: Consumption per day: 100-200 units Delivery period: 14-28 days Not yet answered Marked out of 100 Flag question a 5600 units b. 1400 units O c. 200 units O d. 800 units Question 25 Not yet answered Marked out of 1.00 Cost of production is equal to a. Prime costs + manufacturing costs + Opening W.L.P - Closing W.P. b. Production costs + Administration expenses. OC. None of the given option O d. Prime costs+ other manufacturing costs P Flag question Question 26 Not yet answered Marked out of 1.00 Flag question Which of the following journal entry will correctly record the direct labour used for production? O a Dr. Bank A/c & Cr. Payroll Ale b. Dr. Work in process A/c & Cr. Payroll A/C oc. Dr. Payroll Alc & Cr. Bank Alc O d. Dr. Payroll A/c & Cr. Work in process Aja Question 27 Not yet answered Marked out of 1,00 P Flag question In marginal costing, the work-in-progress and finished stocks are valued at a. Total cost only b. Marginal cost only c. Fixed cost only O d. Indirect cost Variable cost is also known as Question 28 Not yet answered Marked out of 1.00 a, Perlod cost O b. Product cost O c. Indirect cost Flag question O d. Semi fixed cost