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A Quiz On Batch Costing!
10 Questions
|
By Monique9111 | Last updated: Nov 2, 2020
| Total Attempts: 335
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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
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