Question:
Costs involved with receipt of goods, inspection of goods is known as_______.
Costs involved with receipt of goods, inspection of goods is known as_______.
Updated On: Sep 16, 2024
- Purchased cost of inventory
- Ordering cost
- Holding cost
- EOQ (Economic Order Quantity)
Hide Solution
Verified By Collegedunia
The Correct Option is B
Solution and Explanation
The correct option is (B) : Ordering cost
Was this answer helpful?
0
0
Top Questions on Estimation and Costing
From the following information, prepare a Reconciliation Statement:
- CBSE CLASS XII - 2025
- Cost Accounting
- Estimation and Costing
From the following cost information, prepare a cost sheet presenting the total cost and cost per unit of electricity generated.
- CBSE CLASS XII - 2025
- Cost Accounting
- Estimation and Costing
- Job No. 1001 was in process at the end of the accounting period. The total cost involved in the job is ₹ 15,000 of which ₹ 5,000 is direct material. Factory overhead is allocated to goods in process at 150% of direct labour cost. The amount of direct labour charged to Job No. 1001 will be:
- CBSE CLASS XII - 2025
- Cost Accounting
- Estimation and Costing
- Draw the cost sheet proforma.
- CBSE CLASS XII - 2025
- Cost Accounting
- Estimation and Costing
- A pharmaceutical company has an annual demand for 18,000 units of its medicine. For the production of units, company has to bear setting up cost and order processing cost of ₹ 220. Cost of manufacturing one unit is ₹ 1,250. Cost of carrying is 10% per annum. Calculate the economic batch quantity.
- CBSE CLASS XII - 2025
- Cost Accounting
- Estimation and Costing
View More Questions
Questions Asked in CUET exam
Fill in the blank with the correct option:
She has been working here __________ five years.- CUET (UG) - 2025
- Prepositions
- Which of the following organelles is involved in the synthesis of proteins?
- CUET (UG) - 2025
- Cell Biology
- The feasible region is bounded by the inequalities: \[ 3x + y \geq 90, \quad x + 4y \geq 100, \quad 2x + y \leq 180, \quad x, y \geq 0 \] If the objective function is $ Z = px + qy $ and $ Z $ is maximized at points $ (6, 18) $ and $ (0, 30) $, then the relationship between $ p $ and $ q $ is:
- CUET (UG) - 2025
- Linear Programming
- A and B can complete a task in the ratio 3:2. If together they complete the task in 20 days, how long will A alone take?
- CUET (UG) - 2025
- Time and Work
- Medicine: Illness :: Law:?
View More Questions