Q. The conversion cost is subtracted from direct manufacturing labor cost to calculate the

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Q. An inward delivery charges and custom duties are classified as

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Q. The supplies, plant maintenance, plant rent, plant insurance and cleaning labor come under the type of costs called

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Q. If the conversion cost is $25000 and direct manufacturing labor cost is $17000, then the manufacturing overhead cost would be

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Q. For the companies in service sector, the cost which is not considerable is

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Q. An overtime is considered in cost accounting as

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Q. In the income statement of merchandising costs, the period cost includes all costs which are not related to

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Q. The wages paid to workers of the factory are termed as

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Q. The cost, which is related to specific cost object and economically traceable, will be classified as

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Q. The material or anything for which cost is to be measured is known as

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Q. The cost which is changed in proportion to level the total volume is

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Q. The costs are classified as fixed or variable on the basis of

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Q. The process of tracing the direct costs and allocation of indirect costs is known as

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Q. The cost which remains unchanged, in proportion to level the total volume of production is classified as

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Q. In accounting, the cost which is predicted to be incurred or future cost is known as

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Q. The cost which is related to specific cost object and cannot be economically traceable is classified as

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Q. The process of assigning the indirect costs to any specific cost object is known as

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Q. In accounting, the resources sacrifice for achieving or fulfill specific objective is known as

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Q. In production, the variables such as level of activity or volume of company activity are known as

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Q. The relationship between change in activity and change in total costs is considered as

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