Question
Under marginal costing, which of the following cost will
NOT be attributed to the product cost?Solution
Marginal costing is a technique of costing in which only variable costs are treated as product cost and charged to the product. the fixed costs are treated as period cost and are therefore charged to the accounting period in which such fixed cost is incurred irrespective of the quantity and value of the products produced or sold. As such, rent, which is a fixed cost, will not be attributed to the product cost under marginal costing.
- If it was Sunday on 5th January, 1986, what was the day of the week on 14th January, 1993?
What is the angle between the minute hand and the hour hand at 02:22 hrs when taken in anticlockwise direction from the minute hand?
- What was the day of the week on ‘2nd July 2003’?
The mirror image of a clock shows a time of 02:44 hrs. What is the time shown in the clock?
If December 25th, which is Christmas Day, falls on a Tuesday, what day of the week will it be after five days?
If today is Tuesday, then what day of the week will it be after 153 days?
If the sixth day of a month is four days before Monday, then which day will be the eighteenth day of month?
At 2:30 in a clock, the angle between the minute and hour hands is:
If today is Monday, then what day of the week will it be after 97 days?
- What is the angle between the hour hand and the minute hand at 7:45 AM?
