C:-cost card
D:-cost sheet
Correct Answer:- Option-C
Question48:-Which is not come under selling and distribution overhead
A:-transportation
B:-warehouse Rent
C:-general managers salary
D:-Demurrage, wharfage
Correct Answer:- Option-C
Question49:-Over absorbed overhead due to defective planning are charged to
A:-costing P& L A/C
B:-overhead reserve a/c
:-overhead suspense account
D:-Cost sheet
Correct Answer:- Option-A
Question50:-Under Gantt's task and bonus plan, no bonus is payable to a worker, if his efficiency is less than
A:-100%
B:-80%
C:-110%
D:-125%
Correct Answer:- Option-A
Question51:-In Haley plan a worker gets bonus equal to ---- of time saved

Correct Answer:- Option-A
Question52:-Wages sheet is prepared by
A:-payroll department
ime keeping department
C:-personnel department
D:-cost accounting department
Correct Answer:- Option-A
Question53:-Which of the following is an example of direct labour cost?
A:-crane operator in a factory
-wages paid to a tailor of a readymade garments
C:-wages paid to inspectors of ready made garments
D:-wages paid to electrician of ready made garments
Correct Answer:- Option-B
Question54:-Which costing method is followed by a cement industry
A:-batch costing
b costing
C:-unit costing
D:-process costing
Correct Answer:- Option-D
Question55:-How can you calculate labour turnover
A:-no. of employees left during a period/average no. of employees during a period X 100
B:-no. of separation during a period+no. of additions/average no. of employees during a period X 100
C:-(no. of separation during a period+no. of additions/2)/ average no. of employees during a period X 100
D:-no. of workers replaced during a period/ average no. of employees during a period X 100
Correct Answer:- Option-D
Question56:-Minimum stock level =
A:-minimum consumption x minimum reorder level
-re-order level - (normal consumption x normal reorder period)
C:-(reorder level+reorder quantity) - (minimum consumption x minimum reorder period)
D:-normal consumption x minimum reorder level
Correct Answer:- Option-B
Question57:-Which is the most favorable method of material control of spare parts
A:-VED analysis