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Q. An increase in selling price .

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

Q. An input of 5000kg of material introduced into the process and the expected loss is 8% and if the actual output from the process is 4300, the abnormal loss is................. kg

Q. Materials purchase budget is prepared on the basis of .

Q. Selling and distribution expenses can be charged on the basis of .

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

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

Q. Labour budget is prepared by .

Q. Sales Rs. 25,000; Variable cost Rs. 8,000; Fixed cost Rs. 5,000; Break-even sales in value .

Q. Indirect material used in production is classified as.