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EOQ is a Point Where: Select Correct Option: Ordering Cost

EOQ is a Point Where: Select Correct Option: Ordering Cost

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Published by Khurram Nadeem

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Published by: Khurram Nadeem on Nov 17, 2009
Copyright:Attribution Non-commercial


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EOQ is a point where:
Select correct option:
Ordering cost is equal to carrying costOrdering cost is higher than carrying costOrdering cost is lesser than the carrying cost Total cost is maximumA -Ordering cost is equal to carrying costuseing table method where---------------- is equal,that point is called Economic order quanity.
Select correct option:
Ordering costCarrying costOrdering and carrying costPer unit order cost
Ordering costA method by which the first goods to be received are said to be the first to by sold
Select correct option:
FIFOInventory turnover ratio can be calculated as follow?
Select correct option:
Cost of goods sold/Average inventoryGross profit/Average inventoryCost of goods sold/saleCost of goods sold/Gross profit
Cost of goods sold/Average inventoryCost of finished goods inventory is calculated by:
Select correct option:
Multiplying units of finished goods inventory with the cost per unitDividing units of finished goods inventory with the cost per unitDividing per unit cost with finished goods inventoryDeducting total cost from finished goods inventory
Multiplying units of finished goods inventory with the cost per unitAnnual requirement is 7800 units; consumption per week is 150 units. Unit price Rs 5, ordercost Rs 10 per order. Carrying cost Rs 1 per unit and lead time is 3 week, The Economic orderquantity would be:
Select correct option:
395 units300 units250 units150 units
B-300 units
Which of the following is sales force payroll incentive?
Select correct option:
CommissionShift allowanceOver time paymentBonus
Net sales = Sales less:
Select correct option:
Sales returnsSales discountsSales returns & allowancesSales returns & allowances and sales discounts
Sales returns
Sales are Rs. 450,000. Beginning finished goods were Rs. 23,000. Ending finished goods are Rs.30,000. The cost of goods sold is Rs. 300,000. What is the cost of goods manufactured?
Select correct option:
Rs. 323,000Rs. 330,000Rs. 293,000None of the given options
D-none of the given options
Contribution margin contributes to meet which one of the following options?
Select correct option:
Variable costFixed costOperating costNet Profit
B. Fixed Cost
 Taylor's Differential Piece Rate Plan uses-----------piece rates.
Select correct option:
 Three TwoFourFive
Which of the following cost is used in the calculation of cost per unit?
Select correct option:
 Total production costCost of goods available for salesCost of goods manufacturedCost of goods Sold
C Cost of Goods manufactured
Examples of industries that would use process costing include all of the following EXCEPT:

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