Home/Commerce/Costing

Costing MCQs

1419 questionsCommercePage 4 of 158

Practice free Costing multiple-choice questions with instant answer feedback and step-by-step solutions. Click an option to check yourself, reveal the full explanation, and work through all 1419 questions — no login required.

Question 28hard

Discarded material substances having some value is ________.

⚑ Report ✎ Feedback

Question 29medium

Which of the following is NOT a selling overhead?

⚑ Report ✎ Feedback

Question 30hard

Idle capacity of a plant refers to the difference between ________.

⚑ Report ✎ Feedback

Question 31easy

Number of worker employed is used as basis for the apportionment of ________.

⚑ Report ✎ Feedback

Question 32hard

Fixed cost per unit increases when _______.

⚑ Report ✎ Feedback

Question 33hard

The process of grouping of costs according to some common characteristics ________.

⚑ Report ✎ Feedback

Question 34hard

Which of the following is an example of semi-variable cost?

⚑ Report ✎ Feedback

Question 35hard

Fire insurance of stock can be apportioned on the basis of ________.

⚑ Report ✎ Feedback

Question 36medium

Appropriate basis for apportionment of material handling charges is ________.

⚑ Report ✎ Feedback