Q. If the total sales are $250000, the beginning inventory is $25000 and the ending inventory is $25000, then total production would be

View solution

Q. An approach in which, the over allocated and under allocated is spread in, ending balance of finished goods control, is called

View solution

Q. If the capacity utilization and its cost are fixed in product costing, the capacity management is

View solution

Q. The budgeted fixed manufacturing cost for per unit, which is used to measure per unit cost of supplying is called

View solution

Q. If the revenues are $25000 and through put contribution is $12000, then direct material cost of goods sold will be

View solution

Q. In absorption costing, the contribution margin per unit, fixed operating and manufacturing costs are all the dependents of

View solution

Q. In actual costing, an actual quantity of used inputs are multiplied with actual prices to calculate

View solution

Q. Throughout the period costs, costing methods are treated as

View solution

Q. The recalculation of demand can be avoided, by using practical capacity while calculation of budgeted fixed manufacturing per unit cost as

View solution

Q. The difference between absorption and variable costing is the accountability of

View solution

Q. If the budgeted fixed manufacturing cost is $124000 and the per unit cost is $124, then budgeted production units can be

View solution

Q. The method of inventory costing, in which all variable and fixed manufacturing cost is considered as inventoriable cost can be termed as

View solution

Q. If the total sales are $355000, the beginning inventory is $23000 and the ending inventory is $15000, then total production would be

View solution

Q. Direct material cost of sold goods is subtracted from revenues to calculate

View solution

Q. Another name of super-variable costing is

View solution

Q. An income statement in absorption costing follows the format of

View solution

Q. The standard cost of allocation base, allowed to output achieved, is multiplied to standard variable overhead rate is to calculate

View solution

Q. The revenue and throughput contribution is subtracted to calculate the

View solution

Q. If the change in variable costing in operating income is $18000 and contribution margin per unit is $9000, then change in sold units will be

View solution

Q. If the production is less than sales, then operating income under variable costing is

View solution