An amount of spoilage that is not natural in a specific production process is categorized as ____________?

Related Mcqs:

1. An amount of spoilage that is natural in any particular production process is classified as ___________?

   A. normal scrap
   B. normal spoilage
   C. abnormal spoilage
   D. weighted spoilage

2. The normal spoilage is subtracted from total spoilage to calculate _____________?

   A. abnormal spoilage
   B. Gross weighted spoilage
   C. inventoriable spoilage
   D. partial spoilage

3. If the units of normal spoilage are 150 and the total good units manufactured are 1500, then the normal spoilage rate would be __________?

   A. 14%
   B. 15%
   C. 10%
   D. 12%

4. If the beginning work in process inventory units are 2600, units started are 9000, ending work in process units are 2300 and the completed good units are 8000 then total spoilage will be ____________?

   A. 1200 units
   B. 990 units
   C. 1100 units
   D. 1000 units

5. In process and job costing system, the normal spoilage cost is considered as ___________?

   A. conversion costs
   B. sunk costs
   C. inventoriable costs
   D. non inventoriable costs

6. The cost pattern, in which production inputs are to be used in discrete functions, but the quantities are fractional, will be categorized as ___________?

   A. continuously variable cost function
   B. fixed cost function
   C. mixed cost function
   D. semi variable cost function

7. The units of normal spoilage are divided to total completed units, rather than total actual produced units to calculate ____________?

   A. normal spoilage rates
   B. abnormal spoilage rates
   C. normal scrap rates
   D. abnormal scrap rates

8. The balanced scorecard perspective focuses on all the operations, and it leads to value creation process for customers, can be categorized as ___________?

   A. learning perspective
   B. financial perspective
   C. internal business process perspective
   D. customer perspective

9. Which one of the following is an example of spoilage?

   A. short lengths from wood work
   B. defective aluminum cans recycled by manufacturer
   C. detection of defective pieces before shipment
   D. all of above

10. Total transferred-out cost plus normal spoilage is divided by number of goods units produced, to calculate ___________?

    A. cost per good units transferred out
    B. cost per good units transferred in
    C. revenue per good units transferred out
    D. revenue per good units transferred in