Accounting Medium The manufacturing sector companies include ____________? A distribution companies ✓ B textile companies ✓ C retailing companies ✓ D internet service providers ✓ AK Ali Khan 4 months ago
Accounting Medium The merchandising sector companies include _____________? A food processing companies ✓ B automotive companies ✓ C distribution companies ✓ D advertising agencies ✓ AK Ali Khan 4 months ago
Accounting Medium The companies that buy the raw materials and convert them into the finished goods for customers are a part of ____________? A manufacturing sector companies ✓ B merchandising sector companies ✓ C service sector companies ✓ D raw material companies ✓ AK Ali Khan 4 months ago
Accounting Medium The normal activity range in which there is relationship between activity and costs is classified as _____________? A relevant range ✓ B irrelevant range ✓ C cause range ✓ D effective range ✓ AK Ali Khan 4 months ago
Accounting Medium If the cost per unit is $50 and the total number of units manufactured in company are 5000, then the total manufacturing cost will be __________? A $220,000 ✓ B $232,000 ✓ C $250,000 ✓ D $25,000 ✓ AK Ali Khan 4 months ago
Accounting Medium If the total manufacturing cost is $40000 and the total units manufactured is 500 units, then the per unit cost would be __________? A $80 ✓ B $65 ✓ C $7 ✓ D $35 ✓ AK Ali Khan 4 months ago
Accounting Medium If the cost per unit is $70 and the total number of units manufactured in company are 6000, then the total manufacturing cost would be _____________? A $240,000.00 ✓ B $320,000 ✓ C $210,000 ✓ D $420,000 ✓ AK Ali Khan 4 months ago
Accounting Medium An ability of an accounting system, to point out the use of resources in every step of production process is called ___________? A back-flush trails ✓ B audit trails ✓ C trigger trails ✓ D lead manufacturing trails ✓ AK Ali Khan 4 months ago
Accounting Medium The costs associated with storage of finished goods such as spoilage, obsolescence and insurance of goods are classified as ___________? A carrying costs ✓ B purchasing costs ✓ C stock-out costs ✓ D ordering costs ✓ AK Ali Khan 4 months ago
Accounting Medium If the relevant opportunity cost of capital is $2950 and the relevant carrying cost of inventory is $6700, then the relevant incremental cost will be _____________? A $9,650 ✓ B $2,350 ✓ C $3,750 ✓ D $2,750 ✓ AK Ali Khan 4 months ago