Costing - Study Mode
[#576] Service costing is called as . . . . . . . .
Correct Answer
(B) Operating costing
[#577] The Learner index measures
Correct Answer
(A) Market power
[#578] . . . . . . . . is concerned with discovery of facts concerning a job and . . . . . . . . is concerned with ascertaining the money value of a job.
Correct Answer
(C) Job analysis, job evaluation
[#579] . . . . . . . . is not the scope of Cost Accountancy.
Correct Answer
(D) Tax planning
[#580] Consider the data below and answer the questions based on it. Factory Expenses = Rs. 30000 Administrative Expenses = Rs. 20000 Labour Cost = Rs. 25000 Materials = Rs. 35000 Selling Expenses = Rs. 10000 Ascertain the prime cost with the help of the given cost data.
Correct Answer
(B) Rs. 60000