Costing Basics Unit 1 to 4 Quiz 24 Jan 24
Authored by Linda Tan
Business
12th Grade
Used 1+ times
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17 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Abnormal idle time of production workers is considered as
(A) financial overheads.
(B) marketing overheads.
(C) production overheads.
(D) administration overheads.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The department which reaches out to the prospects and manages brands is
(A) service department.
(B) marketing department.
(C) production department.
(D) administration department.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When the work performed by a production worker cannot be connected to a specific production, the wages paid are considered as
(A) direct wages.
(B) indirect wages.
(C) financial overheads.
(D) marketing overheads.
4.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Primary packing materials for manufactured goods will include
(A) drink bottles and drink cans.
(B) jam, jam bottles and cartons.
(C) chips, crisp packets and cardboard boxes.
(D) chocolate bar wrappers and cardboard boxes.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The value of unused indirect materials is considered as current
(A) costs.
(B) assets.
(C) products.
(D) production costs.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The apportionment of rent expenses of a building to the production overheads, administration overheads and marketing overheads is based on the
(A) area occupied by the departments.
(B) number of employees in the departments.
(C) depreciation of the building and area occupied.
(D) water and electricity consumed by the departments.
7.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
In a manufacturing business, costs are classified into
(A) production costs and service costs.
(B) manufacturing and production costs.
(C) production and non-production costs.
(D) manufacturing costs and non-production costs.
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