ATTEMPT ALL OBJECTIVE QUESTIONS (200.5=1 Multiple Choice (60.5=3) : 1- Sum of direct material, direct labor and direct expenses is a. Prime cost b. Work cost c. Production cost d. Total cost 2- What will be the Raj's weekly remuneration if his number of working hours were 40 hours week and rate per hour OMR 5 . a. OMR 250 b. OMR 350 c. OMR 200 d. OMR 405 3- Overhead cost is the cost which is required to operate the business it is ongoing a. Incomes b. Expenses c. Sales d. Purchases 4-. Production overhead, administration overhead, selling overhead and distribution overhead are classification on the basis of a. Behavior b. Nature c. Controllability d. Functions 5- Expenses that are incurred in converting raw material into finished products a. prime cost b. selling and distribution overheads c. administration overheads d. factory overheads