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Assessment

Quiz

Financial Education

Professional Development

Medium

Created by

Harini Ramakrishnan

Used 2+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Direct material comes under

works cost

prime cost

cop

cos

2.

FILL IN THE BLANK QUESTION

30 sec • 2 pts

What is the other name for Carriage on purchases?

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What does the term 'overhead cost' refer to?

Direct materials

Indirect costs

Fixed costs

Variable costs

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Which of the following is included in the calculation of total cost?

Direct materials

Direct labor

Overhead costs

All of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Which of the following is NOT a component of prime cost?

Direct materials

Direct labor

Manufacturing overhead

All of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Power is a indirect cost taken under

Selling and Distribution o/h

Prime cost

Factory o/h

Office o/h

7.

FILL IN THE BLANK QUESTION

1 min • 2 pts

Carriage inwards in taken to

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