The single or multiple units of distinct services or products are classified as _________?

Related Mcqs:

1. If the beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and ending work in process equivalent units are 5000, then complete equivalent units in current period are _____________?

   A. 1800 units
   B. 1500 units
   C. 1300 units
   D. 1500 units

2. If the beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and units completed in current period are 4000, then ending work in process equivalent units will be ___________?

   A. 1800 units
   B. 2300 units
   C. 10300 units
   D. 1500 units

3. 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

4. The sum of beginning work in process inventory units and started units, is subtracted from the sum of ending work in process inventory units and transferred out units of goods, to calculate ____________?

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

5. The pricing method used by services companies, such as home repair services, architectural firms and automobile repair services is known as ______________?

   A. product life cycle method
   B. life cycle budgeting method
   C. life cycle costing method
   D. time and material method

6. If the total incurred cost in a production process are $30000 and the number of output units are 5000 units, then the units cost will be __________?

   A. $16
   B. $60
   C. $6
   D. $26

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 package which consists of two or more products to be sold for single price, but components of products in package have separate stand-alone price is called ___________?

   A. step down product
   B. dual mix product
   C. bundled product
   D. reciprocal product

9. An engineering of products or detailed planning of products or services is called ___________?

   A. product design
   B. research steps
   C. useful chain
   D. value added

10. Considering two fiscal years 2013 and 2014, the actual units sold in 2013 and 2014 are 11000 and 12500 units respectively, and selling price in year 2013 is $50, then revenue effect of growth will be _________?

    A. $70,000
    B. $75,000
    C. $65,000
    D. $73,000