Computer Sciences Practice MCQ Page 34
Multiple Choice questions for Computer Sciences in the sets of 10 each on one page with questions and answers. All sets are useful in the preparation of subject tests for employment or admission.
Question: 1446 What will be the amount of wages if halsey-weir plan is applied on the data in Q. 3.14 above
- RS. 13.00
- RS. 13.20
- RS. 13.80
- RS.14.00
Question: 1462 Wages under Rowan and Halsey plans are exactly equal when time saves is
- nil
- 50% of the standard time
- both(a) and (b)
Question: 1465 The allotment of cost to cost centres or cost units is called
- Cost allocation
- Cost apportionment
- Overhead absorption
- Overhead allotment
Question: 1510 When the factory overhead control account has a closing debit balance factory overhead was
- over-absorbed
- under-absorbed
- fixed
- variable
Question: 1519 Which of the following is a scientific and accurate method of absorption of factory overheads
- percentage on prime cost
- percentage on direct labour cost
- Machine hour rate
- All of these
Question: 1520 What is the basis for distribution of indirect material cost to various departments
- Direct allocation
- Cost of direct materials consumed
- Machine hours worked
Question: 1521 Warehouse expenses is an example of
- production overhead
- selling overhead
- Distribution overhead
Question: 1556 If the monopoly firms is Figure 4 maximizes profits, how many units of output does it produce?
- 0.
- 3.000.
- 6,000.
- 10,000.
- A number that cannot be determined from Figure 4.
Question: 1694 An advantage of incorporating inter-process profits in accounts is that
- profitability of each process is separately revealed
- company can earn higher profits
- it helps in the control of costs in processes
Question: 1734 The method of accounting for joint product costs that will produce the same gross profit rate for all the product
- Sales value method
- physical measure method
- Average unit cost method
- All of these
Question: 1882 When costing profit is RS.12,500 and a charge in lieu of rent is RS. 1,000, the financial profit should be
- RS.12,500
- RS. 11,500
- RS. 13,500
Question: 1914 The January 31 balance of Direct Materials stores Control Account should be
- RS. 5000
- RS. 30,000
- RS. 35000
- RS. 20,000
- None of these
Answers to the questions of Computer Sciences on this page
Following list gives the correct choice for the answer of the Computer Sciences mcqs.
1446 . B
1462 . C
1465 . A
1510 . B
1519 . C
1520 . A
1521 . C
1556 . C
1694 . A
1734 . A
1882 . C
1914 . C
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MCQ for Practicing Subject Tests