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Q. Normal loss comes with:

Q. Which of the methods of apportionment is normally used for apportioning common costs between joint products?

Q. Profit remaining as reserve is :

Q. Overhead is the cost incurred in the course of making a product, providing a service or running a department, but which cannot be traced directly and in full to the product, service or department.

Q. Escalation clause is generally included in case of …………..contract agreement .

Q. When there is opening work in progress there are two types of cost on the debit side of the account. These are the costs that were incurred last period and brought forward as work in progress and the costs that were incurred in the current period.

Q. The overhead cost for a particular job =

Q. Which of the following cost is also known as overhead cost or on cost:

Q. Under or over absorption is caused by the actual fixed overhead and production volume being different from those figures used to calculate the predetermined rate.

Q. If beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and ending work in process equivalent units are 5000, then complete equivalent units in current period are