61. Overhead cost is the total of ____________.
✅ A. all indirect costs.
Option A : all indirect costs. Option B : all direct costs. Option C : indirect and direct costs. Option D : all specific costs Correct Answer : all indirect costs. Read more
Author: Faraz Ahmed – Page 4
62. Warehouse rent is a part of _________?
✅ C. distribution cost.
Option A : prime cost. Option B : factory cost. Option C : distribution cost. Option D : production cost Correct Answer : distribution cost. Read more
63. Tender is an_____________?
✅ C. estimation of selling price
Option A : estimation of profit. Option B : estimation of cost. Option C : estimation of selling price Option D : estimation of units. Correct Answer : estimation of selling price Read more
64. Which answer correctly completes this 2026 current-affairs record: In which city was 75th Lindau Nobel Laureate Meeting held in 2026?
✅ D. Lindau
A. Bremen B. California C. Calgary D. Lindau Read more
65. A worker has a time rate of 15/hr. He makes 720 units of component (standard time : 5 minutes/ unit) in a week of 48 hours. His total wages including Rowan bonus for the week is
✅ D. 864
Option A : 792 Option B : 820 Option C : 840 Option D : 864 Correct Answer : 864 Read more
66. One of the most important tools in cost planning is__________?
✅ C. Budget
Option A : Direct cost Option B : Cost Sheet Option C : Budget Option D : Marginal Costing. Correct Answer : Budget Read more
67. A Ltd. Has sales of 2,200, total fixed cost of 570, variable cost of 1,540, raw material consumed of ` 1,100, number of units sold 22,000. What shall be the BEP 9 in units) if raw material price is reduced by 2%?
✅ A. 18,387
Option A : 18,387 Option B : 18,560 Option C : 18,750 Option D : 19,000 Correct Answer : 18,387 Read more
68. Find the cost of goods sold if goods are sold for 2,000 at 25% profit on cost?
✅ B. 1,500
Option A : 1,600 Option B : 1,500 Option C : 1,000 Option D : 1,800 Correct Answer : 1,500 Read more
69. The process of paying off debt over time in regular installment of interest & principal sufficient to repay the loan in fully by its maturity date.
✅ A. Amortization
Option A : Amortization Option B : Loan Payment Option C : Liability Option D : Securitization Correct Answer : Amortization Read more
70. Direct cost incurred can be identified with_______________?
✅ B. Each unit of output
Option A : Each Department Option B : Each unit of output Option C : Each Month Option D : Each Executive Correct Answer : Each unit of output Read more