The terms used in manufacturing cost systems are ____________?

Related Mcqs:

1. The conversion cost is $2000 and the manufacturing overhead cost is $7000, then the direct manufacturing labor cost will be _________?

   A. $27,000
   B. $13,000
   C. $130,000
   D. $29,500

2. The direct manufacturing labor costs is $40000 and manufacturing overhead cost is $7000, then conversion cost would be ____________?

   A. $47,000
   B. $33,000
   C. $57,000
   D. $18,000

3. The fixed budgeted manufacturing cost is $45000 and the budgeted production units are 900, then budgeted fixed manufacturing cost per unit will be ____________?

   A. $200
   B. $150
   C. $50
   D. $100

4. In cost terms, the direct manufacturing labor cost is included in ___________?

   A. manufacturing costs
   B. prime costs
   C. conversion costs
   D. both B and C

5. If the manufacturing cycle efficiency is 0.725 and the total manufacturing time is 45 minute, then the value added manufacturing time will be _________?

   A. 42.625
   B. 36.724
   C. 32.625
   D. 41.625

6. 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

7. The budgeted fixed manufacturing cost is divided by budgeted fixed manufacturing cost per unit to calculate : __________?

   A. fixed material price
   B. variable materials price
   C. fixed production units
   D. budgeted production units

8. If the fixed budgeted manufacturing cost is $35000 and the budgeted production units are 7000, then budgeted fixed manufacturing cost per unit will be ___________?

   A. $20
   B. $5
   C. $10
   D. $15

9. If the budgeted annual manufacturing indirect cost is $2250000 and the cost allocation base is 2800 labor hour, then budgeted manufacturing overhead rate will be ___________?

   A. $803.571 per labor hour
   B. $805 per labor hour
   C. $905 per labor hour
   D. $802 per labor hour

10. If the indirect manufacturing labor is $20000, power cost is $5000, maintenance and supplies are of $10000 then the manufacturing budget will be ____________?

    A. $5,000
    B. $35,000
    C. $15,000
    D. $45,000