Manufacturing - 6

Manufacturing - 6

University

6 Qs

quiz-placeholder

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Manufacturing - 6

Manufacturing - 6

Assessment

Quiz

Physical Ed

University

Medium

Created by

Hayder Al-Jelawy

Used 2+ times

FREE Resource

6 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The direct material costs are added into direct manufacturing costs, to calculate

discuss costs

prime costs

resale cost

merchandise costs

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The term "variable costs" refers to:

All costs which are likely to respond to the amount of attention devoted to them by a specified manager

All costs which are associated with marketing, shipping, warehousing, and billing activities

All costs which fluctuate in total in response to small changes in the rate of utilization of capacity.

All manufacturing costs incurred to produce units of output.

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A cost that is easily traceable to a cost object is known as:

Direct cost

Indirect cost

Variable cost

Fixed cost

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The term "cost" refers to:

An asset that has given benefit and is now expired.

The price of products sold or services rendered.

An asset that has not given benefit and is now expired

The value of the sacrifice made to acquire goods or services.

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Step costs are classified as a:

Variable costs.

Fixed cost.

Mixed cost.

Prime cost.

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which one of the following is not covered while considering the types of costs involved in quality control?

Preventive costs

Manufacturing costs

Inspection costs

Failure costs