CA Intermediate Paper 3

Unit & Batch Costing MCQ

Chapter 8 • 11 Questions from ICAI Study Material

Questions

11

Est. Time

17 min

Source

ICAI Book

Sample Questions: Unit & Batch Costing

Preview 3 of 11 questions from Chapter 8

1. Different businesses in order to determine cost of their product or service offering follow:

A) Different methods of Costing ✓
B) Uniform Costing
C) Different techniques of costing
D) None of the above as per customer specifications and against specific orders.

2. In order to determine cost of the product or service, following are used:

A) Techniques of costing like Marginal, Standard etc.
B) Methods of Costing ✓
C) Comparatives
D) All of the above

3. Unit Costing is applicable where:

A) Product produced are unique and no 2 products are same ✓
B) Dissimilar articles are produced as per customer specification
C) homogeneous articles are produced on large scale
D) Products made require different raw materials