Related Questions

In a joint process of production, a product which yields high volume of sales as compared to total sales volume of other products is known as
A incremental product
B sunk product
C main product
D split off product
A certain company that sells only cars and trucks reported that revenues from car sales in 1997 were down 11 percent from 1996 and revenues from truck sales in 1997 were up 7 percent from 1996. If total revenues from car sales and truck sales in 1997 were up 1 percent from 1996, what is the ratio of revenue from car sales in 1996 to revenue from truck sales in 1996?
A 1 : 2
B 4 : 5
C 1 : 1
D 3 : 2
Which of the following are products and services bought by final consumers for personal consumption? These include convenience products, shopping products, specialty products, and unsought products.
A Material and parts
B Consumer products
C Industrial products
D Capital items
Due to the recession, a show room reported that revenue from luxury car sales were down by 11% and revenue from economy car sales were up by 7% . If the total revenue were up by 1% then what is the ratio of revenue from luxury car sales to revenue from economy car sales ?
A 3 :2
B 11:7
C 4:5
D 1:2
Method which allocates joint costs of joint products, considering physical measures such as volume or relative weight at point of split off is known as
A direct cost measure method
B indirect cost measure method
C physical-measure method
D relative-measure method
When two products are simultaneously produced in a process and one of them has comparatively high value and other is of low value , the low value product is called __________.
A joint products
B by products
C seasonal products
D economic products
Last year the sales of Store X in December was 4 times the average of the monthly sales totals for January through November. The sales total for December was what fraction of the sale total for the year?
A 1/4
B 4/15
C 1/3
D 4/11
A passenger paid 50% customs duty on accompanied baggage items. He paid another 20% sales tax on the total value of the items plus the custom duty paid. The total custom duty and sales tax is Tk. 350. what is the value of the item custom duty and sales tax?
A Tk.400
B Tk. 450
C Tk. 500
D None these
Sellling 12 pen at a price of Tk 10 yields a loss of a% Selling 12 pen at a price of Tk 12 yields a profit of a%. What is the value of a?
A 10
B 11
C 10011
D 11100
Joint cost allocation method, in which individual product from joint products must gain a gross margin percentage is classified as
A sales value at split off method
B joint products value at split off method
C constant gross margin percentage NRV method
D Gross realizable value method

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