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Authored by Samique Haynes

Business

5th - 9th Grade

Used 2+ times

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13 questions

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1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which of the following are examples of indirect costs? (There are THREE correct answers to select!)

Factory heat and light

Factory manager salary

Factory rent and rates

Machine operator wages

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following elements of a manufacturing account matches the definition below:


The wages of those workers actually engaged in the manufacturing process (e.g. wages of a sewing machine operator)

Direct materials

Direct wages

Indirect wages

Profit on manufacture

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following elements of a manufacturing account matches the definition below:


The raw materials actually used to manufacture the product (e.g. cloth used to produce shirts, flour used to produce bread)

Direct materials

Direct wages

Indirect materials

Direct expenses

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is NOT an example of a manufacturing company?

Washing machines

Fridges

Cars

IT software

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Direct costs are...

Costs that do not change with output

Costs directly involved with making the product

Costs that are essential but not directly related to manufacturing

money spent on a regular basis

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Indirect costs are...

Costs that do not change with output

Costs directly involved with making the product

Costs that are essential but not directly related to manufacturing

money spent on a regular basis

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Any cost that cannot be traced back to a product

standard cost
indirect cost
direct cost
period cost

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