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Q. Variable costs change..................................with change in output.

Q. An increase in selling price .

Q. Scrap is .

Q. One of the primary differences between marginal costing and absorption costing regarding the treatment of .

Q. Process costing is suitable for .

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

Q. Operating costing is suitable for .

Q. Budget of indirect costs in the form of indirect wages, indirect material and indirect expenses in the factory is .

Q. 1f` fixed costs decrease while variable cost per unit remains constant, the new B.E.P in relation to the old B.E.P will be .

Q. Cost classification can be done in .