Introduction to Cost Accounting MCQ | Cost Accounting (Free Resource)

31. Milk and cream is a ___________ raw material in ice cream.
a) Primary Packing
b) Indirect
c) Basic
d) None of the above

32. Tin packing of ghee is a __________ packing material.
a) Primary
b) Direct
c) Indirect
d) None of the above

33. Carpenter in a furniture unit is a _________ labour.
a) Direct
b) Indirect
c) Factory Overheads
d) None of the above

34. Halwai in the confectionary unit is a ________ labour.
a) Actual
b) Production
c) Indirect
d) Direct

35. Labour in payroll department is an _________ labour.
a) Direct
b) Indirect
c) Actual
d) Production

36. Exciseduty based on output is _________ expenses.
a) Direct
b) Indirect
c) Production
d) Distribution

37. Lubricating oil is a ________ overhead.
a) Prime cost
b) Selling
c) Office
d) Factory

38. Cost of cloth in a shirt is ________ material.
a) Indirect
b) Fixed
c) Direct
d) None of the above

39. Normal cost is treated as a _______ .
a) Cost of Production
b) Cost of Material
c) Cost of Purchase
d) None of the above

40. __________ cost indicates what the cost should have been.
a) Historical
b) Estimated
c) Variable
d) Standard

31) Basic 32) Primary 33) Direct 34) Direct 35) Indirect 36) Direct 37) Factory 38) Direct 39) Cost of Production 40) Standard