Q. Direct…………..enter the product and form a part of finished product.
✅ Correct Answer: (C)
Materials
Cost and Works Accounting 1 MCQs and Notes
Q. The total of direct material, direct labour and direct expenses is known as………..
✅ Correct Answer: (B)
Prime Cost
Q. Fees paid to Architect is the example of…………...
✅ Correct Answer: (B)
Direct expenses
Q. The expenses which can be identified with and allocated to cost centers and cost units are termed as……………..
✅ Correct Answer: (C)
Direct expenses
Q. Direct expenses are also known as ……………..expenses.
✅ Correct Answer: (C)
Chargeable
Q. The ………………include all types of expenses other than direct materials and direct labour which are incurred for a particular product or job.
✅ Correct Answer: (B)
Direct expenses
Q. Cost of leather used in shoe making is the example of direct………….
✅ Correct Answer: (C)
Material
Q. Wages paid to carpenter is the example of direct…………...
✅ Correct Answer: (C)
Labour
Q. Wages paid to direct labour are also known as………………wages.
✅ Correct Answer: (A)
Productive
Q. Wages paid to direct workers are known as ………….
✅ Correct Answer: (A)
Direct labour cost