Asked/Added Questions From NCERT: Accountancy

  Per unit fixed overheads would ______ as the production

a) Increase, increases c) Decrease, remains constant

b) Increase, Decreases d) Decrease, decreases.

  Total fixed overheads would ________ as the production increases.

a) Decrease c) Remain fixed

b) Increase d) None of the above.

  Per unit _______ overheads remain fixed.

a) Fixed c) Selling

b) Factory d) Variable.

  Cost of fancy packing necessary to attract customers would form part of :

a) Selling overheads

b) Distribution overheads

c) Development overheads

d) Both a) and b)

  Primary packing necessary to protect a product should form part of

a) Selling overheads

b) Distribution overheads

c) Prime cost

d) None of the above.

 Inspection charges which cannot be identified with a particular product should be

treated as

a) Research and development overheads

b) Selling overheads

 Secondary packing expenses is an example of :

a) Selling overheads c) Both of the above

b) Distribution overheads d) None of the above.

  Secondary packing expenses is an example of :

a) Selling overheads c) Both of the above

b) Distribution overheads d) None of the above.

  Advertising expenses, commission to salesman, depreciation on delivery van are

examples of :

a) Selling overheads

b) Distribution overheads

c) Both of the above.

d) None of the above.

 The costing method in which fixed expenses are charged to product along with variable

expenses is known as –

a) Direct costing, c) Absorption costing

b) Marginal costing d) ABC.