A. direct costing
B. indirect costing
C. total costing
D. One factor costing
Related Mcqs:
- In variable costing, the variable manufacturing and fixed manufacturing cost focus on __________?
A. distinction
B. similarities
C. increase in units
D. decrease in units - If the fixed manufacturing cost expenses are under variable costing and are not expensed in absorption costing, it is resulting in _________?
A. production exceeds breakeven sales
B. breakeven sales exceeds production
C. price exceeds cost
D. cost exceeds price - In manufacturing companies, the variable and absorption costing are methods, which are used in __________?
A. recording of liabilities
B. costing of current assets
C. costing of machinery
D. costing of inventories - In Variable Costing Method, the fixed manufacturing cost in the calculation period is treated as _________?
A. variable quantity
B. fixed quantity
C. price
D. expense - In throughput costing, the variable manufacturing overhead and direct manufacturing labor cost must be treated as ___________?
A. accrual cost
B. incurred cost
C. period costs
D. setup costs - The method of inventory costing, in which all variable and fixed manufacturing cost is considered as inventoriable cost can be termed as __________?
A. absorption costing
B. variable costing
C. fixed costing
D. manufacturing cost - The costing method, in which the variable manufacturing costs are treated as inventoriable cost is called ___________?
A. manufacturing costing
B. absorption costing
C. variable costing
D. labor costing - The costing system, which is a combination of process costing and job costing system, is classified as __________?
A. weighted costing system
B. average costing system
C. hybrid costing system
D. double costing system - The variance which is included in absorption costing, but not in variable costing is classified as __________?
A. production volume variance
B. cost volume variance
C. profit volume variance
D. fixed cost variance - 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