Cost and Works Accounting MCQs With Answers 23 to 25

 

23. The following method is an improvement over the percentage on direct labour costmethod.

A. Machine hour rate

B. Percentage on prime cost

C. Percentage on direct material cost

D. Man hour rate

D. Man hour rate

24. Which of the following is/are the basic object/s of job analysis?

A. Determination of wage rates

B. Ascertain the relative worth of each job

C. Breaking up job into its basic elements

D. All of the given options

A. Determination of wage rates

25. An overhead absorption rate is used to:

A. Share out common costs over benefiting cost canters

B. Find the total overheads for a cost centre

C. Charge overheads to products

D. Control overheads

C. Charge overheads to products