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MATS Lesson 4 - Starter

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Professional Development

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MATS Lesson 4 - Starter
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8 questions

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1.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of the below are cost centres?

Materials

Production

Selling & Distribution

Labour

Admin & Finance

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which list below could be used as cost centres

for a business that makes windows?

Materials, Labour, Overheads

Frame Construction, Glazing, Admin, Distribution

Direct costs, Indirect costs

Prime costs, Manufacturing Overheads, Non-Production Overheads

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of the following are overheads for a chocolate factory?

Milk

Coco

Building Insurance

Service on the machines

Rent for the factory

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

,Product A total cost centre overheads are £153,000 and direct labour hours are 31,875. What is the absorption rate per direct labour hour?

£2.50

£4.80

£48.00

£0.25

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The absorption rate per machine hour is £12.00 and it takes 20 minutes to make 1 unit. How much is the cost for the direct materials?

£6.00

£2.00

£12.00

£4.00

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the below are direct overheads?

Tracked Machine Electricity

Admin Expenses

Machine Servicing

Factory Rent

Factory Insurance

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What is the absorption rate for the direct labour hours? To 2 decimal places.

£8.46

£0.12

£1.18

£8.47

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