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In Taylor's piece rate system, ______ rates are fixed for each job.

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Which of the following methods of wage payment is most suitable, when the speed of production is beyond the control of worker?

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Which of the following methods does not guarantee wages on time basis?

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______ cost refers to fixed cost continue to be incurred, when there is no production.

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Fixed overhead cost is a _____ cost.

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cost does not change with the change in activity level.

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Cost pertaining to a _____ may be broadly divided into two portions i.e., direct and indirect.

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Basis of apportionment of stores service expense is

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If an expense can be linked with a specific cost unit, it is treated as

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______ will move up by jumps, if output exceeds the capacity.

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Any expenditure over and above the prime cost is

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_____ is the aggregate of indirect material, indirect labour and indirect expense.

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Under step method of reapportionment of costs of service departments, the cost of last service department is apportioned only to the

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Telephone expense is a/an _____ expense.

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T x R + % (S-T) R is the formula for calculating wages under _____ method.

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Depreciation is a/an ______ expense.

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______ is the activity level that smooths out highs and lows of production.

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______ is an illustration of selling expense.

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_____ expenses are excluded from cost.

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For a work order, standard time and time taken are 20 hours and 15 hours respectively. Time rate being Rs. 2 per hour, total wages under Rowan premium plan will be

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Factory expenses charged to production on estimated basis is called _____ expense.

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Primary packing is an item of

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Salary paid to the director is an ______ expense.

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Unusual research expenses are _____ from cost accounts.

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Warehousing cost is an item of

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______ should be apportioned among cost of goods sold and applicable to inventory.

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Credit and collection cost is an item of

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______ arises when a machine has to be discarded in favour of one better adopted to its purpose and giving better results.

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Depreciation is the diminution in the value of a fixed asset mainly due to ______ and lapse of time.

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Which of the following expenses are useful in taking managerial decisions?