Unit 1 - Classification of Costs - Revision

Unit 1 - Classification of Costs - Revision

12th Grade

14 Qs

quiz-placeholder

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Unit 1 - Classification of Costs - Revision

Unit 1 - Classification of Costs - Revision

Assessment

Quiz

Professional Development

12th Grade

Practice Problem

Medium

Created by

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cost of fabric used in garment factory

Direct Material

Direct Labour

Production Overheads

Marketing Overheads

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Impairment loss on trade receivables

Direct Material

Direct Labour

Production Overheads

Administration Overheads

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Carriage inwards on raw material purchases

Direct Material

Direct Labour

Production Overheads

Administration Overheads

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Interest on bank loan

Direct Material

Marketing Overheads

Production Overheads

Financial Overheads

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Rental of showroom

Direct Material

Marketing Overheads

Production Overheads

Financial Overheads

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Power for Plant and Machinery

Direct Material

Marketing Overheads

Production Overheads

Financial Overheads

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Running expenses of director’s car

Administration Overheads

Marketing Overheads

Production Overheads

Financial Overheads

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