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WorksheetsCost Sheet and Tender Sheet
Total questions: 10
Worksheet time: 6mins
Which of the following is not a factory overhead?
Work manager's salary
Indirect wages
Depreciation of machinery
Depreciation of furniture
Factory overhead is generally apportioned as the percentage of (a)
Which of these are the components of prime cost?
Direct materials and indirect materials
Direct wages and indirect wages
Direct materials and direct wages
Indirect materials and indirect materials
Which is the correct formula to calculate the Cost of materials consumed?
Opening raw materials + Purchase of raw materials + Carriage inwards - Closing raw materials
Closing raw materials - Purchase of raw materials + Opening raw materials - Carriage outwards
Opening raw materials + Purchase of raw materials + Carriage outwards - Closing raw materials
Closing raw materials + Raw materials purchase + Carriage outwards - Closing raw materials
Identify and mark the selling overheads among these expenses.
Audit fees
Showroom expenses
Advertisement
Rent of warehouse
Salaries
Which of these is not a formula to calculate Net Profit in a cost sheet?
Which of the following expenses is not included in cost sheet?
Depreciation
Income tax expenses
Audit fees
Sale of scrap
Indirect expenses are also called (a)
Which is the correct order for the components of a cost sheet?
Prime cost, Cost of production, Work cost, Cost of sales
Work cost, Prime cost, Cost of sales, Cost of production
Prime Cost, Work cost, Cost of production, Cost of sales
Prime cost, Work cost , Cost of sales, Cost of production
If Purchase of materials = Rs.45,000
Closing raw material = Rs.15,000
Opening raw material = Rs.5,000
Custom duty = Rs. 3,000
then, Cost of materials consumed = Rs. ???
(a)
