The stage in manufacturing cycle at which journal entries are made in system of accountancy is known as _________?

Related Mcqs:

1. If the manufacturing cycle efficiency is 0.725 and the total manufacturing time is 45 minute, then the value added manufacturing time will be _________?

   A. 42.625
   B. 36.724
   C. 32.625
   D. 41.625

2. If the value added manufacturing time is 65 minutes, the total manufacturing time is 80 minutes, then the manufacturing cycle time will be _________?

   A. 0.8125
   B. 0.6125
   C. 0.9125
   D. 1.725

3. The costing system, which omits some of the journal entries in accounting system is known as ____________?

   A. in-time costing
   B. trigger costing
   C. back flush costing
   D. lead time costing

4. In an accounting system, the document which supports journal entries is classified as _____________?

   A. cost document
   B. priced document
   C. source document
   D. direct document

5. The reduction in setup time, manufacturing cycle efficiency and average time of manufacturing for key products are the examples of ____________?

   A. measures of growth and learning
   B. measures of internal business processes
   C. customer measures
   D. financial measures

6. The total manufacturing time is multiplied to the manufacturing cycle efficiency to calculate __________?

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

7. The conversion cost is $2000 and the manufacturing overhead cost is $7000, then the direct manufacturing labor cost will be _________?

   A. $27,000
   B. $13,000
   C. $130,000
   D. $29,500

8. The fixed budgeted manufacturing cost is $45000 and the budgeted production units are 900, then budgeted fixed manufacturing cost per unit will be ____________?

   A. $200
   B. $150
   C. $50
   D. $100

9. If the fixed budgeted manufacturing cost is $35000 and the budgeted production units are 7000, then budgeted fixed manufacturing cost per unit will be ___________?

   A. $20
   B. $5
   C. $10
   D. $15

10. If the budgeted annual manufacturing indirect cost is $2250000 and the cost allocation base is 2800 labor hour, then budgeted manufacturing overhead rate will be ___________?

    A. $803.571 per labor hour
    B. $805 per labor hour
    C. $905 per labor hour
    D. $802 per labor hour