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Quiz may 12

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Actvity quiz

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Quiz may 12
 

Quiz may 12Online version

Actvity quiz

by Samuel Perez
1

Definition of absortion costing

2

Efficiency ratio=

3

Productivity ratio =

4

What is the meaning of the acronym OAR ?

5

What is one of the three stages of absorption costing?

6

In time work remuneration, how are wages calculated?

7

Which of the following is an example of a production overhead cost?

8

What is the first step in calculating the overhead absorption rate?

9

Which of the following is one reason for using absorption costing?

10

Absorption costing helps with inventory valuation?

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