Q. If the relevant opportunity cost of capital is $2950 and the relevant carrying cost of inventory is $6700, then the relevant incremental cost will be

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Q. The profit forgone by capital investment in inventory rather than investment of capital to somewhere else is classified as

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Q. An example of shrinkage costs is

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Q. If the relevant incremental costs are $5000 and the relevant opportunity cost of invested capital is $2500, then the relevant inventory carrying costs would be

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Q. An average inventory in units is multiplied with annual relevant carrying cost of each unit to calculate

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Q. A push through system, according to which goods are manufactured for finished inventory solely, on the basis of forecasted demand can be classified as

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Q. The relevant incremental costs are added into the relevant opportunity cost of capital to calculate

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Q. If the economic order quantity for one year is 15000 packages and demand in units for one year are 1500 units, then number of deliveries in a year will be

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Q. The number of purchase orders for each year is multiplied to relevant ordering cost for each purchase order to calculate

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Q. The costing system, which omits some of the journal entries in accounting system is known as

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Q. The decision model to calculate optimal quantity of inventory to be ordered is called

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Q. The stage in manufacturing cycle at which journal entries are made in system of accountancy is known as

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Q. If the required rate of return is 12% and the per unit cost of units purchased is $35, then the relevant opportunity cost of capital will be

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Q. The method of costing that supports creation of value for customer by accounting whole value stream, rather than individual departments or products is classified as

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Q. The reorder point is divided by number of sold units for per unit of time to calculate

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Q. Buying of goods or materials for production in a way that they are delivered directly on the manufacturing facility of company is called

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Q. The purchase order lead time is multiplied to the number of units sold per unit of time, to calculate

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Q. The costs of issuing purchase orders, making of delivery records for tracking payments and costs of inspection of items are classified as

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Q. The relevant ordering costs are added into relevant carrying costs to calculate

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Q. If the purchase order lead time is 35 minutes and number of units sold per time is 400 units, then reorder point will be

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