Costing - Study Mode

[#1026] . . . . . . . . expenses are partly fixed and partly variable.
Correct Answer

(D) Semi-variable

[#1027] In an activity based cost system, an activity/unit of work or task with differentiated purpose will be classified as
Correct Answer

(C) an activity

[#1028] Factory cost is also known as the name of . . . . . . . . .
Correct Answer

(B) Manufacturing cost

[#1029] Variable cost per unit . . . . . . . .
Correct Answer

(A) remains constant

[#1030] Cost Accountancy is the science, art and . . . . . . . . of a cost accountant.
Correct Answer

(A) practice