The wages paid to workers of the factory are termed as ___________?

Related Mcqs:

1. In costing of project, the wages paid to workers for the unproductive work at the time of material shortage is termed as __________?

   A. indirect wages
   B. health wages
   C. idle time wages
   D. shortage time wages

2. The wages and other benefits, provided to assembly line workers and operators of machine are classified under the _____________?

   A. work in process costs
   B. finished costs
   C. direct manufacturing labor costs
   D. indirect manufacturing labor costs

3. The direct service labor is $5000, the idle time wages are $1000 and the overtime premium is $450, then the total figure would be _________?

   A. $4,450
   B. $6,450
   C. $21,500
   D. $14,300

4. If the direct service labor is $7000, the idle time wages are $2000 and the overtime premium is $950, then the total figure would be __________?

   A. $5,850
   B. $5,950
   C. $9,950
   D. $10,050

5. The less skilled workers for operating machines then expected are classified as ___________?

   A. cause for exceeding budget
   B. cause of less employment
   C. fixed cost variation
   D. variable cost variation

6. The cost operations such as wages, salaries, depreciation, utilities and rent are summed together to calculate __________?

   A. throughput costs
   B. investments
   C. operating costs
   D. marginal costs

7. The health care premium for workers and the pension costs are included in _________?

   A. payroll fringe costs
   B. health costs
   C. premium costs
   D. workers costs

8. If the employees of division A work for 8000 hours for $90 per hour, then the rate must be paid in division B in accordance of single rate method will be ___________?

   A. $90 per hour
   B. less than $90 per hour
   C. greater than $90 per hour
   D. none of above

9. The consumed time to deliver a complete order to its customers is termed as ___________?

   A. responding time
   B. value chain time
   C. delivery time
   D. manufacturing cycle efficiency

10. The capacity utilization of the business, to satisfy average customer’s demand, for current budget period of time is termed as ___________?

    A. master budget capacity utilization
    B. finite cost utilization
    C. infinite cost utilization
    D. infinite budget capacity utilization