Which method of costing can be used in furniture manufacture industry?

Which method of costing can be used in furniture manufacture industry? Correct Answer Job costing

Job costing method of costing can be used in furniture manufacture industry. A job card is made for each work or job. This method of costing is used in the factories which produce the machine tool and other engineering products, furniture projects, hardware and interior decoration. This method of costing is also called a piece of work costing or terminal costing.
Bissoy MCQ

Related Questions

Costing system, which is a combination of process costing and job costing system is classified as
A fruit salad is made by mixing 3 kgs of mango costing Tk 120 per kg and 2kgs of papaya costing Tk 100 per kg and 2 kgs of grapes costing Tk 140 per kg. At what price (in Taka) per kg should the mixture be sold to make a profit of 25 percent?
A candy dealer makes up a mixture of 3 parts of candy costing him Tk. 60 per pound with 2 parts of candy costing him Tk. 70 per pound and 2 parts of candy costing him Tk. 50 per pound. At what price per pound should he sell his mixture to make a profit of 25 percent?
During a sale, a furniture shop gives 50% off on the retail price of a desk. On Friday, it gives an additional 20% off on all furniture. The desk's retail price was Tk. 320. How much will the desh cost on Friday?
The costing method which can be used in industry where the product pass through different processes is known as ________.
Two types of tea, Sreemangal Red costing Tk. 50 per kg and Sreemangal Black costing Tk. 70 per kg, are mixed together to form a new blend of tea. If the new blend costs Tk. 58 per kg, how much of Sreemangal Red is required to make 10 kgs of the new blend?
A dishonest trader mixes 2kg of vegetable ghee costing Tk. 45 a kg with 3 kg of standard ghee costing Tk. 70 per kg. He sells the mixed ghee at Tk. 65 per kg. What is his percentage of profit?
How many kilogram of sugar costing TK. 9 per kg must be mixed with 27 kg of sugar costing TK. 7 per kg so that there may be a again of 10% by selling the mixture at TK. 9.24 per kg?
Two lots of onions with equal quantity, one costing Tk. 10 per kg and the other costing Tk. 15 per kg are mixed together and whole lot is sold at Tk. 15 per kg . What is the profit or loss?
A dishonest trader mixes 2 kg of vegetable ghee costing Tk. 45 a kg with 3 kg of standard ghee costing Tk. 70 kg. He sells the mixed ghee at Tk. 65 per kg. What his percentage of profit?