Q. A company must eliminate all those activities that do not add value to all the products or services in planning of

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Q. The budget, which highlights the difference between actual quantity and budgeted quantity is termed as

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Q. An energy, machine maintenance, indirect materials and engineering support are considered as

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Q. The costing technique, which traces direct costs by multiplying price rate for producing actual outputs is known as

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Q. The difference between actual variable overhead cost and flexible budget variable overhead amount is termed as

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Q. The cost allocation base used by an operating manager is classified as

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Q. The method which determines weights of cost allocation by considering cost of each user, as separate entity is known as

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Q. Considering dual rate method, if employees work for 8500 budgeted hours at $120 per hour, and work for 9500 actual hours at $110 per hour, then the total cost would be

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Q. The process in which earned revenue is related to specific revenue object, which can cannot trace it in cost effective way is known as

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Q. The method which allocates the cost of support department to only operating departments is called

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Q. The methods used to allocate costs of reciprocal support departments include

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Q. The second ranked product in incremental revenue allocation method is termed as

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Q. In incremental cost allocation method, the cost object user who is ranked second in ranking order is known as

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Q. The approaches to allocate costs of support department do not include

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Q. The method, which allocates the cost of support department, to operating and support departments is known as

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Q. The package which consists of two or more products to be sold for single price, but components of products in package have separate stand-alone price is called

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Q. The method, which allocates cost of support department for operating departments by recognizing all the mutual services provided is classified as

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Q. The method of revenue allocation, which ranks products included in bundle according to predetermined criteria of management is known as

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Q. According to incremental method, the party which receives the highest ranking in allocation of common cost is classified as

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Q. The department which directly adds value to product or service is known as

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