Example of a direct material.
Quiz 4 CTB Units 1, 2 and 3

Quiz
•
Business
•
11th Grade
•
Hard
Ganesan KS
Used 1+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
cork stopper used in a glass bottle
steel used in making a cooking pot
buttons on a shirt
sugar used in a cup of coffee
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is prime cost?
Material cost + Wages + Factory expenses
Direct Materials + DIrect wages + Overheads
Indirect materials + Indirect wages + Indirect expenses
Direct materials + Direct wages + Direct expenses
3.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
This is not part of marketing overhead.?
Freight out
Cost of delivery van
Promotion expenses
Cost of samples
4.
MULTIPLE CHOICE QUESTION
20 sec • 2 pts
When materials are issued in chronological order ie oldest materials being issued first, it is called
Weighted Average method
Last-in-First-out method
First-in-First-out method
Unit of measure method
5.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
In manufacturing soft drinks, the cost of cans are treated as
secondary packing materials
production overhead cost
primary packing materials
marketing cost
6.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
What are service cost centres?
cost centres not directly involved in production process
cost centres that produce only the indirect materials
cost of services that are outsourced to external parties
cost centres that assist in administration and marketing of products
7.
MULTIPLE CHOICE QUESTION
10 sec • 2 pts
Which deparment is not part of a retail company?
Production department
Administration department
Marketing department
Finance department
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