A. bill of materials
B. bill of sequence
C. bill of detail
D. bill of raw materials
Related Mcqs:
- 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 - The difference between actual quantity and budgeted quantity of cost allocation base is classified as __________?
A. fixed overhead efficiency variance
B. variable overhead efficiency variance
C. variable overhead manufacturing variance
D. fixed overhead manufacturing variance - An acquisition cost of raw material is to be used in the manufacturing, and becoming a component of cost object is classified as _________?
A. direct material costs
B. indirect material costs
C. direct labor costs
D. indirect labor costs - 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 quantity of produced output is divided by quantity of used input to calculate __________?
A. targeted productivity
B. total factor productivity
C. partial productivity
D. unused productivity - If a company uses large quantity of input than the budgeted quantity for output level, then the company is known to be __________?
A. variable growth of company
B. constant growth of company
C. company is inefficient
D. company is efficient - If the budgeted price of input is $50, actual quantity of input is 150 units and the allowed budgeted quantity of input is 60 units then efficiency variance will be __________?
A. $4,500
B. $3,500
C. $2,500
D. $1,500 - An efficiency variance is 200 units and the actual input quantity is 500 units, then the budgeted input quantity will be __________?
A. 300 units
B. 700 units
C. 800 units
D. 500 units - If the sales quantity is 7000 units and the breakeven quantity is 1500 units, then the margin of safety would be __________?
A. 4500 units
B. 5500 units
C. 8500 units
D. 9500 units - If an actual quantity of cost allocation base is $48000 and budgeted quantity of cost allocation base is $28000, then variable overhead efficiency variance would be __________?
A. $20,000
B. $76,000
C. $86,000
D. $96,000
