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Q. In transportation costing a composite unit such as.......................is used.

Q. The budget prepared to estimate the expenditure on fixed assets is known as.

Q. Average method of pricing the material issues is useful when .

Q. …….budget may be classified into material cost budget, labour cost budget and overhead budget.

Q. Expected sales + desired closing stock – estimated opening stock = .

Q. The fixed-variable cost classification has `a special significance in the preparation of .

Q. Fixed cost Rs. 2,00,000; Sales Rs. 8,00,000; P/V Ratio 30%; the amount of' profit is .

Q. The budget which shows the budgeted quantity of output to be produced during a specific period is.

Q. A fixed budget is prepared for only .

Q. …………..budget is designed to remain unchanged irrespective of the volume of output or turnover attained.