The sum of cost of direct materials, costs of buildings, equipment, research and development costs is classified as ___________?

Related Mcqs:

1. If the budgeted total direct labor hours are 3800 and budgeted direct labor cost is $480000, then the budgeted direct labor cost rate will be ___________?

   A. $126.32 per labor hour
   B. $128.32 per labor hour
   C. $130 per labor hour
   D. $132 per labor hour

2. If the budgeted direct labor hours are 4550 and direct labor cost rate is $600 per labor hour then, total direct labor cost would be _____________?

   A. $4,730,000
   B. $3,730,000
   C. $2,730,000
   D. $1,730,000

3. If the budgeted total direct labor hours are 5500 and budgeted direct labor cost is $755000, then the budgeted direct labor cost rate is _________?

   A. $138 per labor hour
   B. $137.27 per hour
   C. $140 per labor hour
   D. $142 per labor hour

4. If the budgeted direct labor hours are 3550 and direct labor cost rate is $500 per labor hour, then total direct labor cost would be __________?

   A. $1,775,000
   B. $1,675,000
   C. $1,875,000
   D. $1,975,000

5. An indirect setup labor costs, costs of setup and equipment maintenance and costs of indirect material can be categorized as ______________?

   A. variable batch costs
   B. fixed batch costs
   C. variable setup costs
   D. fixed setup costs

6. If the cost of indirect support labor is $5000, equipment maintenance setup cost is $7000 and machinery leasing cost is $4000 then variable fixed cost will be ___________?

   A. $16,000
   B. $12,000
   C. $18,000
   D. $21,000

7. The direct material costs are added into direct manufacturing costs, to calculate _________?

   A. discuss costs
   B. prime costs
   C. resale cost
   D. merchandise costs

8. The book value of existing equipment is a historical cost and not necessary for deciding equipment replacement, thus it can be considered as ___________?

   A. operating cost
   B. sunk cost
   C. in-house cost
   D. out-house cost

9. In corporate costs, the cost incurred to finance construction of new equipment are classified as ___________?

   A. treasury costs
   B. discretionary costs
   C. human resource management costs
   D. corporate administration costs

10. If the direct material cost is $5500 and the prime cost is $25000, then the direct manufacturing labor would be ___________?

    A. $19,500
    B. $30,500
    C. $45,500
    D. $22,500