Multiple Choice Questions on If overtime is worked at the request of the customer then the overtime premium ........ for SEBI Grade A ( Officer) Exam Preparation

Back to Main Page

Multiple Choice Questions

If overtime is worked at the request of the customer then the overtime premium ........

Costing - Phase (I & II) Basics of Cost Control and Analysis
    Download Solution PDF

    If overtime is worked at the request of the customer, then the overtime premium: 

    should be charged to costing profit and loss account; 

    Incorrect Answer

    should not be charged at all 

    Incorrect Answer

    should be charged to the job directly 

    Correct Answer

    should be charged to the highest profit-making department

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Basics of Cost Control and Analysis
    Prepare through Micro-courses
    Try Now
    Explanation:

    The overtime premium may be charged as:

    1. To the job directly, if overtime is worked at the customer request to complete the work within a specified time.
    2. To the Costing Profit and Loss account if overtime work is due to unavoidable reasons.

    By: Vikas Goyal
    ProfileResources

    Let's Discuss

    Master
    Basics of Cost Control and Analysis
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free