Overheads in Costing MCQ with Answers | Cost Accounting MCQs (Free Resource)

Overheads in Costing MCQ with Answers

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1. Indirect cost is known as ________ .
a) Indirect overheads
b) overheads
c) Work overheads
d) Chargeable overheads

2. Cost incurred to secure orders is ____________.
a) selling overheads
b) Office overheads
c) Variable overheads
d) None of the above

3. Material which cannot be charged directly ___________ .
a) Direct material
b) indirect material
c) overheads
d) None of the above

4. Rent of building is ____________ overheads.
a) fixed overhead
b) Indirect overheads
c) Direct overheads
d) None of the above

5. Cost which can be controlled is ___________ cost.
a) chargeable
b) controllable
c) overheads
d) None of the above

6. Cost of abnormal idle time is ____________ overheads.
a) abnormal
b) normal
c) Production
d) None of the above

7. Depreciation on machinery is charged under ___________ overheads.
a) factory overheads
b) Office overheads
c) Direct overheads
d) Indirect overheads

8. Royalty on production is a __________ charge.
a) direct
b) Indirect
c) overheads
d) None of the above

9. Costing department expenses are considered as __________ overheads.
a) administrative overheads
b) Production overheads
c) Office overheads
d) Selling overheads

10) Stationery in production dept is ___________ material.
a) Indirect
b) Direct
c) Fixed
d) None of the above

Answers: 1)overheads 2) selling overheads 3) indirect material 4) fixed overhead 5) controllable 6) abnormal 7) factory overheads 8) direct 9) administrative overheads 10) Indirect