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

Q. The method of costing applied in biscuit industries is...................costing and in steel industry…............. costing.

Q. Stock control through stock levels and EOQ is called .

Q. ……….is the excess of sales over marginal cost of sales

Q. Under marginal costing stock are valued at .

Q. Funds flow statement is based on the .

Q. Depreciation of plant and machinery is a part of .

Q. When 1000 units are 60% complete in a process, it is equivalent to ……………completed units.

Q. A fixed budget is prepared for only .

Q. In process costing, the abnormal loss is treated as .............. cost and written off to profit & loss account.