A Quiz On Batch Costing!

10 Questions | Total Attempts: 335

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A Quiz On Batch Costing!

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Questions and Answers
  • 1. 
    Under Batch Costing, a batch is regarded as a single cost unit.
    • A. 

      True

    • B. 

      False

  • 2. 
    Costs are not calculated batch-wise under batch costing.
    • A. 

      True

    • B. 

      False

  • 3. 
    Batch costing is used when items of an identical nature are produced in a batch.
    • A. 

      True

    • B. 

      False

  • 4. 
    In batch costing, items are classified into groups for purposes of costing
    • A. 

      True

    • B. 

      False

  • 5. 
    Batch costing can be used only in large organizations.
    • A. 

      True

    • B. 

      False

  • 6. 
    Batch Costing may be used in a Power House.
    • A. 

      True

    • B. 

      False

  • 7. 
    There is a difference between Job Costing and Batch Costing.
    • A. 

      True

    • B. 

      False

  • 8. 
    In Batch Costing, a cost sheet is prepared for each job.
    • A. 

      True

    • B. 

      False

  • 9. 
    Batch Costing is used for the production of articles like radio, television, watches, etc.
    • A. 

      True

    • B. 

      False

  • 10. 
    Assigning a batch number to a batch is important in Batch Costing.
    • A. 

      True

    • B. 

      False