2000 16000 17000 18000 Answer 1. 2000
Category: COMMERCE MCQs
Prime cost includes :
Direct material Direct labour Direct expenses All of the above Answer 4. All of the above
Which method of costing would you recommend for a drug manufacturing company?
Unit costing Contract costing Batch costing Operating costing Answer 3. Batch costing Explanation Drugs are manufactured in batches. radio sets, television sets, watches, manufacture of bicycles, two-wheelers, automobiles, industries producing nuts, bolts, screws, etc. are also manufactured in batches.
If prime cost is Rs. 1,80,000, factory expenses Rs. 20,000 and establishment expense Rs. 10,000, then what will be the cost of production?
Rs. 2,10,000 Rs. 1,80,000 Rs. 1,90,000 Rs. 1,70,000 Answer 1. Rs. 2,10,000