Accounting for Labour MCQs | Labour Costing
1 Comment
Common methods of measuring labour activity are at Production and Productivity level. Here on MCQ.club we have prepared useful
Common methods of measuring labour activity are at Production and Productivity level. Here on MCQ.club we have prepared useful
Job costing is used when a business entity carries out tasks or jobs to meet specific customer orders. Batch costing is similar to job costing in that
The objective of absorption costing is to include in the total cost of a product an appropriate share of the organization’s total overhead.
The costs associated with inventory are purchase price of the inventory, Re-order costs, Inventory holding costs, Shortage costs.
Inventory control includes the functions of Inventory ordering and purchasing, receiving goods into store, storing Issuing inventory and controlling levels of inventory.
Costs can be classified into Element, Function, Nature, Behavior, Controllable or Non-controllable. Here on MCQs.club we have designed
Cost accounting is a system for recording data and producing information about costs for the products produced by an organization and/or the services
Here on MCQs.club we have designed simply understood computer fundamental mcq and basic computer knowledge mcq with the aim to help everyone out there.