All the costs, which are assigned to manufactured products for specific calculations are classified as ___________?

Related Mcqs:

1. In an income statement, when costs become cost of sold goods and manufactured products are sold, such costs are

   A. inventoriable costs
   B. finished costs
   C. factory overhead costs
   D. manufacturing overhead costs

2. The costs that are incurred to find manufactured products, which does not meet specifications are called ____________?

   A. prevention costs
   B. external failure costs
   C. appraisal costs
   D. internal failure costs

3. The customer sustaining costs, customer batch-level costs and customer output-unit level costs are classified as _________?

   A. customer level indirect costs
   B. customer level direct costs
   C. corporate level direct costs
   D. corporate level indirect costs

4. The customer sustaining costs, customer batch-level costs and customer output-unit level costs are classified as _________?

   A. customer level indirect costs
   B. customer level direct costs
   C. corporate level direct costs
   D. corporate level indirect costs

5. In accounting system, a document which consists of all assigned cost for specific job is classified as __________?

   A. job cost record
   B. job cost sheet
   C. source document
   D. both a and b

6. 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

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

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

8. The corporate sustaining costs and distribution channel costs are also classified as ___________?

   A. indirect costs
   B. variable costs
   C. fixed costs
   D. direct costs

9. The costs that behaves as irrelevant costs in process of decision making are classified as ___________?

   A. past costs
   B. future costs
   C. expected costs
   D. sunk costs

10. The type of costs that cannot be traced for individual products but help in supporting an organization are classified as ___________?

    A. individual sustaining costs
    B. facility sustaining costs
    C. sustained tracing
    D. support tracing