Accounting Medium If the demand in units are 18000, relevant ordering cost for each year is $150 and an order quantity is 1500, then annual relevant ordering cost would be __________? A $200 ✓ B $190 ✓ C $160 ✓ D $180 ✓ AK Ali Khan 4 months ago
Accounting Medium An average inventory in units is multiplied with annual relevant carrying cost of each unit to calculate ____________? A annual irrelevant ordering costs ✓ B annual relevant carrying costs ✓ C annual relevant ordering costs ✓ D annual irrelevant carrying costs ✓ AK Ali Khan 4 months ago
Accounting Medium The relevant incremental costs are added into the relevant opportunity cost of capital to calculate ___________? A purchase order costs ✓ B relevant inventory carrying costs ✓ C irrelevant inventory carrying costs ✓ D relevant ordering costs ✓ AK Ali Khan 4 months ago
Accounting Medium The costing system, which omits some of the journal entries in accounting system is known as ____________? A in-time costing ✓ B trigger costing ✓ C back flush costing ✓ D lead time costing ✓ AK Ali Khan 4 months ago
Accounting Medium The stage in manufacturing cycle at which journal entries are made in system of accountancy is known as _________? A chaining point ✓ B recording point ✓ C lead point ✓ D trigger point ✓ AK Ali Khan 4 months ago
Accounting Medium The reorder point is divided by number of sold units for per unit of time to calculate ___________? A relevant carrying cost ✓ B relevant ordering cost ✓ C purchase order lease time ✓ D number of purchase orders ✓ AK Ali Khan 4 months ago
Accounting Medium The purchase order lead time is multiplied to the number of units sold per unit of time, to calculate ____________? A carrying costs ✓ B relevant total costs ✓ C economic order quantity ✓ D reorder point ✓ AK Ali Khan 4 months ago
Accounting Medium The relevant ordering costs are added into relevant carrying costs to calculate __________? A relevant total costs ✓ B contribution costs ✓ C throughput costs ✓ D optimized costs ✓ AK Ali Khan 4 months ago
Accounting Medium The term which describes the assigning of indirect cost, to any cost object is classified as ___________? A cost allocation ✓ B sales tracing ✓ C sales allocation ✓ D cost tracing ✓ AK Ali Khan 4 months ago
Accounting Medium In normal costing, the situation in which the allocated amount of indirect cost is greater than the incurred cost, is considered as _____________? A incurred indirect cost ✓ B over allocated indirect cost ✓ C applied indirect cost ✓ D applied direct cost ✓ AK Ali Khan 4 months ago