Prime cost consists of direct materials

Assignment Help Accounting Basics
Reference no: EM131061714

Q. 16 Prime cost consists of direct materials and what?

A. Direct labour.

B. Manufactuuring overhead.

C. Indirect materials.

D. Cost of goods manufactured.

Q17. What does manufactured overhead cost consist of?

A. All manufactured costs.

B. All manufactured costs, EXCEPT direct materials and labour.

C. Indirect materials but NOT indirect lobour.

D indirect lobur but NOT indirect materials.

Q. 1 Prime cost consists of direct materials and what?
A. Direct labour.
B. Manufactuuring overhead.
C. Indirect materials.
D. Cost of goods manufactured.

Q.2 What does manufactured overhead cost consist of?
A. All manufactured costs.
B. All manufactured costs, EXCEPT direct materials and labour.
C. Indirect materials but NOT indirect lobour.
D indirect lobur but NOT indirect materials.

Reference no: EM131061714

Questions Cloud

Discuss specific changes in supply and demand : Evaluate the actions of the federal government and the Federal Reserve to restore equilibrium. How effective were these counter-cyclical policies?
What factors do you think might make the testimony : Imagine a case is going to court and the only eye witness is a young child. Based on the information from this unit's Readings, do you think the testimony of a young child should be admissible in a court of law? What factors do you think might mak..
Recommend purchases or changes in the company : Managers use ________ proposals to justify or recommend purchases or changes in the company. Examples: installing a new computer, introducing telecommuting, or other flexible work schedules.
Write a report for the directors of jp drew : MN7542 - Financial Modelling - Determine how this information can be used to shed light on the impact of ownership structure on company performance and write a report for the Directors of JP Drew which addresses these issues.
Prime cost consists of direct materials : Q. 16 Prime cost consists of direct materials and what? A. Direct labour. B. Manufactuuring overhead. C. Indirect materials. D. Cost of goods manufactured. Q17. What does manufactured overhead cost consist of?
Strategic partner with its organization : What are some examples of activities where HR is a strategic partner with its organization?
Calculate the labour force participation : The table below reports some labour market figures for a hypothetical country, Blefuscu in 2005. Assume that there are only two types of employment: full time and part time. Everyone who is not employed is unemployed.
Focusing on the right things : From your experiences working with and/or around HR department representatives are they performing as they should be and focusing on the right things?
Why is the work breakdown structure : Why is the Work Breakdown Structure (WBS) difficult to accomplish? How does the WBS differ from the network diagram?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Gesture inc reports warranty expense when related products

gesture inc reports warranty expense when related products are sold. for tax purposes the warranty costs are deductible

  Prepare a statement of revenues and changes in fund balance

Prepare a statement of revenues, expenses, and changes in fund balance

  Explain both usages of the terms debit and credit

The words debit and credit are used in two ways in accounting: ''e.g., to debit an account'' and ''a debit balance.'' Explain both usages of the terms debit and credit.

  Yxz companys market for the model 55 has changed

yxz companys market for the model 55 has changed significantly and yxz has had to drop the price per unit from 275 to

  Process of closing income summary account

A company's ledger accounts and their end-of-period balances before closing entries are posted are shown below. What amount will be posted to Tricia DeBarre, Capital in the process of closing the Income Summary account?

  Calculate rate of change in the annual dividend per share

What has been the pattern of the cash dividend amount per share relative to the pattern of earnings per share Calculate the rate of change in the annual dividend per share for each of the years from 2008 through 2011.

  In september leno company receives a special order for

leno company manufactures toasters. for the first 8 months of 2014 the company reported the following operating results

  For a major university match each cost in the following

for a major university match each cost in the following table with the activity base most appropriate to it. an

  I addition during march they drove 947 miles for medical

in 2008 margaret john murphy are married tax payers who file a joint tax return with agi of 25000. during the year they

  An employee of morgan corporation has found some partially

an employee of morgan corporation has found some partially completed units of model x in a dusty corner of the

  The good news company accumulated 460 hours of direct labor

the good news company accumulated 460 hours of direct labor on job 345 and 810 hours on job 777. the direct labor was

  Laundry costs for the whole hospital is 21000 for 600000

laundry costs for the whole hospital is 21000 for 600000 pounds or.. 35lb.laundry for radiology revealed that 7500 of

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd