Q44 During April, 10,000 units were produced. The standard material allowed per unit was 4 kgs at a standard cost of N6.00 there Posted on:
Q43 During October, 20,000 direct labour hours were worked a cost of N10 per hour. If the direct materials rate variance for October is N8,000 unfavourable Posted on:
Q42 The Max Company has developed the following standards for one product:. Direct Materials: 15kgs x N8 per Posted on:
Q41 The Max Company has developed the following standards for one product:. Direct Materials: 15kgs x N8 per kg Direct Labour 4 hours x 12 Posted on:
Q40 The Max Company has developed the following standards for one product:. Direct Materials: 15kgs x N8 per kg Direct Labour Posted on:
Q39 The Max Company has developed the following standards for one product:. Direct Materials: 15kgs x N8 per kg Direct Labour 4 hours x 12 per hour Variable manufacturing overhead: Posted on:
Q38 The Max Company has developed the following standards for one product:. Direct Materials: 15kgs x N8 per kg Direct Labour Posted on:
Q37 Which of the following methods is a measure of liquidity and not a measure of profitability? Posted on:
Q35 The following statements have been made about value analysis. (1) It seeks the lowest cost method of achieving a desired function Posted on:
Q34 A business absorbs overheads on a direct labour hourly basis, which were budgeted at 2,500 labour hours with overheads of N56,500. Posted on:
Q33 A company had an under recovery of overheads of N200,000 with a budgeted overhead of N1,000,000. Posted on:
