A. production department
B. operating department
C. allocation base department
D. both a and b
Related Mcqs:
- The costs that are incurred in last department, where the product has been processed and will be carried to next department for further processing are called __________?
A. partial work costs
B. transferred-in costs
C. transferred-out costs
D. weighted average costs - The span time from initial research and development of product till support and customer service, if not offered for that particular product will be called __________?
A. product life cycle
B. life cycle budgeting
C. life cycle costing
D. target costing - A document which contains information about the materials of specific product, in specific department comes under __________?
A. costing method
B. selling method
C. material acquisition method
D. none of above - A document which consists information about labor time usage, for specific job in a specific department, is known as __________?
A. selling time record
B. labor time record
C. buying time record
D. direct time record - The value, which measures that how large is the value of standard error in relevance to value of estimated coefficient, is termed as __________?
A. t-value
B. b-value
C. d-value
D. c-value - The method, which allocates the cost of support department, to operating and support departments is known as ___________?
A. indirect method
B. direct method
C. step down method
D. reciprocal method - The total cost incur by customer to use, acquire, maintain and dispose service or product is classified as ___________?
A. budgeted life cycle
B. targeted life cycle
C. customer life cycle
D. operating life cycle - The department which provides assisting services to internal departments is classified as __________?
A. supply department
B. support department
C. production department
D. allocation base department - An approach in which the company under-costs it’s one product and over-costs at least one product is classified as __________?
A. service-cost across subsidizing
B. product-price cross subsidizing
C. product-cost cross subsidizing
D. product cross subsidizing - The approaches to allocate costs of support department do not include ___________?
A. sales mix allocation method
B. dual-rate cost-allocation method
C. single rate cost allocation method
D. both b and c
