Cost Accounting Grade 11
Authored by Rachelle Curlewis
Other
11th Grade
Used 2+ times
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8 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Direct Material
The sum of prime costs and factory overheads
Costs that do not form an integral part of the final product
Cost of the main ingredients of finished products
Salary of the factory manager
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Indirect Labour
Cost of the main ingredients of finished products
Salary of the factory manager
Costs that do not form an integral part of the final product
The sum of prime costs and factory overheads
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Factory Overheads
The total indirect factory expenses
Wages of the workers involved in the production line
Cost of the main ingredients of finished products
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Indirect costs
The sum of prime costs and factory overheads
Cost of the main ingredients of finished products
Costs incurred for office management, legal charges, stationery, etc.
Costs that do not form an integral part of the final product
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Prime Cost
Wages of the workers involved in the production line
The total indirect factory expenses
Direct labour + Direct material
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Total production cost
Cost of the main ingredients of finished products
The total indirect factory expenses
Costs incurred for office management, legal charges, stationery, etc
The sum of prime costs and factory overheads
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Direct labour
Wages of the workers involved in the production line
Salary of the factory manager
Costs incurred for office management, legal charges, stationery, etc.
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