Question 29
Question 29 of 30
Question image for Q29
You can solve this MCQ to see its answer, but your attempt won't be logged unless you login
No letter options?
Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct
Topics Tested
2. Cost and management ac...
2.2. Traditional costing methods

how to calculate the contribution of a product

2. Cost and management ac...
2.1. Costs and cost behaviour

the principles of just in time (JIT) management of inventory

4. Cost and management ac...
4.2. Standard costing

how to calculate the following variances: direct material price and usage, direct labour rate and efficiency, fixed overhead expenditure and volume, fixed overhead capacity and efficiency sub-variances, sales price and volume