List of top Commerce Questions on Production and cost

At a given cost level, a graph which shows combinations of labor and capital that can be used to produce is called:
Arrange the following cost concepts in the correct order in which they appear in the Cost Sheet. (A) Works Cost
(B) Cost of Sales
(C) Prime Cost
(D) Cost of Production
In a factory 1,000 workers were idle because of a power failure. As a result, a loss of production of 2,000 units of Product X and 4,000 units of Product Y occurred. Each employee was paid a normal wage at the rate of Rs. 100 per hour. One standard hour is required to manufacture five units of Product X and four units of Product Y. How much is the Idle Time Variance due to power failure?
Sale price = Rs. 50/unit, Variable cost = Rs. 30/unit, Fixed cost = Rs. 20000. Find units to earn Rs. 5000 profit.
At a given cost level, a graph which shows combinations of labor and capital that can be used to produce is called: