A. denominator
B. numerator
C. multiplier
D. equalizer
Correct Answer: denominator ✔
Last Updated: May 11, 2023
Related MCQs
- If the units of normal spoilage are 150 and the total good units manufactured are 1500, then the normal spoilage rate would be __________?
- An amount of spoilage that is natural in any particular production process is classified as __________?
- The residual material which results from manufacturing products is called __________?
- The normal spoilage is subtracted from total spoilage to calculate __________?
- If the transferred out total cost is $1850000 and the number of good units (produced), then the cost per good unit transferred out and completed can be __________?
- The production units that do not meet customer specification, but can be sold to other customers as finished goods are classified as __________?
- 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 __________?
- The units of normal spoilage are divided to total completed units, rather than total actual produced units to calculate __________?
- The types of spoilage include __________?
- The partial or completed units of manufactured goods, that do not meet customer specifications and get sold at reduced price or simply discarded, are called __________?
- The type of spoilage, which is considered as controllable and can be avoided is called __________?
- Total transferred-out cost plus normal spoilage is divided by number of goods units produced, to calculate __________?
- The cost of abnormal spoilage is not treated as __________?
- The costing, which explains how and when scrap affects the operating income of company is classified as __________?
- 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 __________?
- The aspects of accounting for scrap includes __________?
- An example of rework is __________?
- The stage in production process, where the manufactured goods are checked; whether the units are acceptable or not is classified as __________?
- An amount of spoilage that is not natural in a specific production process is categorized as __________?
- Which one of the following is an example of spoilage?
- In process and job costing system, the normal spoilage cost is considered as __________?
- Total cost related to work in process inventory is divided by total units of work done is used to calculate __________?
- The costing system, which classify cost into cost categories in a way when an expense is incurred in the process is called __________?
- The third step in process costing system is to __________?
- If the cost incurred for work in process inventory is $350000 and total equivalent units completed till date are 3500, then weighted average cost will be __________?
- 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 __________?
- The second step in processing costing system is to __________?
- The costing method, which calculates per equivalent unit cost of all the production related work done, till calculated date is termed as __________?
- The forth step in process costing system is to __________?
- The fifth step in process costing system is to __________?
- The costs that are incurred in last department, where the product has been processed and will be carried to next department for further processing are called __________?
- 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 __________?
- 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 __________?
- The cost of previous department is a part of __________?
- The total costs incur in a production process, is divided by total number of output units, to calculate the __________?
- A unit cost calculated in costing system, by assigning total costs incurred to many similar units is categorized as _________?
- The first step in process costing system is to __________?
- In process costing method, when the work done in current accounting period, and beginning inventory before current accounting period, is classified as _________?
- The standardized technique that is performed repetitively on different kind of materials to convert them into different finished products is known as __________?
- The hybrid costing system, which is applied to batches of similar products, but are not identical is classified as __________?
- The costing system, which is a combination of process costing and job costing system, is classified as __________?
- The total available assets are subtracted from idle assets to calculate
- The formal information systems, used in organizations to focus company’s learning and attention, given to the most important strategic issues are known as __________?
- The rupee amount for required return of investment is subtracted from income to calculate __________?
- An economic value added method is specific type of method to calculate __________?
- The after-tax average cost of the funds used by company in long run is equal to __________?
- A desire of an individual to give good performance for self-satisfaction is known as __________?
- In an accounting measurement, income and investment is divided to calculate _________?
- If the working capital is $265000 and the current liabilities are $378000, then the current assets can be __________?
- The sum of all the resources used to generate income is classified as __________?
- The difference of current assets and the working capital is equal to __________?