WorksheetsREVISION
Total questions: 11
Worksheet time: 6mins
The following are the examples of direct cost, EXCEPT:
utilities bills
sugar
special designer
carpenter
Which of the following is NOT considered a variable cost?
raw materials
rent
commission
packaging
The CEO of Persada Corporation set a future goal to achieve 1 million profits for next year. This is ______function of management accounting.
Planning
Decision making
The following are the example of period cost EXCEPT:
Advertising
selling cost
packaging cost
delivery cost
Banana, chocolate and sugar can be classified as ________, EXCEPT:
direct material
prime cost
conversion cost
direct cost
No gains, no loss is referring to the situation of (a)
___________ one of the examples of direct expenses.
special designer
carpenter
security guards
utilities
supervisor salary is recorded as_________
direct labour
overhead
direct material
direct expenses
High and low method is one of the method used to identify the exact figure of fixed and variable cost
TRUE
FALSE
Managers are responsible for the following function, EXCEPT:
planning
organizing
decision making
segregation
Manufacturing cost includes _______, _________ and _________.
materials, direct labour and overhead
direct material, administrative cost, manufacturing overhead
selling cost, conversion cost
conversion cost, delivery cost
