COMMERCESTUDYGUIDE

Direct material Direct labour Direct expenses All of the above Answer 4. All of the above

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.

Rs. 2,10,000 Rs. 1,80,000 Rs. 1,90,000 Rs. 1,70,000 Answer 1. Rs. 2,10,000

Halsey premium plan Rowan premium plan Piece rate system Time rate plan Answer 3. Piece rate system Explanation Taylors Piece rate system is based on the quantity of output rather than on the basis of time.