Related Posts

Q. Gross Profit ratio is also termed as

Q. The information to prepare a flexible budget includes:

Q. The Carl Care Company established the following direct labour cost standards for one unit of product Z: •Standard hours: 1.5 hours •Standard rate: $20 per hour •Standard cost: $30 (1.5 hours @ $20 per hour) During the month of July, 20,000 direct labour hours were worked, and 12,500 units of product Z were manufactured. The total wages related to direct labour in July were $405,000. The direct labour rate variance for July was:

Q. Factors that have led to a global market for manufacturing and service firms are

Q. Automation of the manufacturing environment is associated with increases in

Q. Budgetary control system helps the management to eliminate…

Q. Comprehensive Machine Hour Rate includes :

Q. Factory Overheads are also called :

Q. Internal transfer of process at profit _________ of the company.

Q. What is the main advantage of responsibility accounting ?