Consider the following data pertaining to the production of a company for a particular month :?

Accounting Mcqs
BILAL KHATTAK0

Opening stock of raw material 11,570 Closing stock of raw material 10,380 Purchase of raw material during the month 1,28,450 Total manufacturing cost charged to product 3,39,165Factory overheads are applied at the rate of 45% of direct labour cost. The amount of factory overheads applied to production is A. 65,025 
B. 94,287
C. 95,020
D. 1,52,624

Related Mcqs:

  1. Consider the following data for a company during the month of June 2012 Budgeted hours 4,000 Standard hours for actual production 4,400 Maximum possible hours in the budget period 4,800 Actual hours 3,800 The activity ratio of the company during the month is?
  2. Which of the following equations is correct??
  3. The total cost incurred in the operation of a business undertaking other than the cost of manufacturing and production is known as________??
  4. Which of the following is not the effective good material handling?
  5. Gross Profit is equal to_________??
  6. Choose the wrong statement in respect of value engineering.
  7. The advantage of mass production is
  8. The mass production generally refers to
  9. The disadvantage of product layout is
  10. In a field you see ten workers harvesting raice with bare hands. The reapers are not unemployed. Then this is a case of

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