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Q. Fixed cost Rs. 80,000; Variable cost Rs. 2 per unit; Selling price_Rs. 10 per unit; turnover required for a profit target of Rs. 60,000.

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

Q. Sales Rs. 25,000; Variable cost Rs. 15,000; Fixed cost Rs .4,000; P/V Ratio is .

Q. Principle’ for preparation of working capital statement - Decrease in current asset .

Q. Costing refers to the techniques and processes of

Q. Boiler house costing is an example of..........................costing

Q. Cost of sales plus profit is .

Q. An increase in selling price .

Q. Under marginal costing stock are valued at .

Q. ……….represents that quantity of material which is normally ordered when a particular material reaches reordering level.