A. Direct cost
B. Variable cost
C. Commercial cost
D. Conversion cost
Related Mcqs:
- An average cost is also known as________?
A. Variable cost
B. Unit cost
C. Total cost
D. Fixed cost - If the total liabilities of a business decrease by $5000 what will be the effect on total asset?
(assuming the amount of capital remain same)
A. Remain constant
B. Decrease by $5000
C. Increase by $5000
D. Increase by $10,000 - A company is currently operating at 80% capacity level. The production under normal capacity level is 1,50,000 units. The variable cost per unit is ` 14 and the total fixed costs are ` 8,00,000. If the company wants to earn a profit of ` 4,00,000, then the price of the product per unit should be
A. 37.50
B. 38.25
C. 24.00
D. 35.00 - Direct cost incurred can be identified with_______________?
A. Each Department
B. Each unit of output
C. Each Month
D. Each ExecutiveSubmitted by: ALIYA NAWAZ
- Calculate the amount of cash if: Total assets=$10,000 Total liabilities=$10,000 Total Capital=$5000
A. $6000
B. $10,000
C. $5000
D. $1000 - Which of the following accounts will be debited if the business’s owner withdraws cash from business for his personal use?
A. Drawings
B. Cash
C. Business
D. Stock - A Ltd. Has sales of 2,200, total fixed cost of 570, variable cost of 1,540, raw material consumed of ` 1,100, number of units sold 22,000. What shall be the BEP 9 in units) if raw material price is reduced by 2%?
A. 18,387
B. 18,560
C. 18,750
D. 19,000 - Cash book with cash and discount column is mostly referred as________?
A. Simple cash book
B. Two column cash book
C. Three column cash book
D. Petty cash book - A cash book with cash, bank and discount column is commonly referred as________?
A. Cash book
B. Two columns cash book
C. Three columns cash book
D. Petty cash book - Obligation of the Business are known as___________?
A. Liabilities
B. Revenues
C. Expenses
D. Assets
