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Q. In a contract costing payment of cash to the contract is made on the basis of …………………………. Work

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

Q. Average unit cost for each process is calculated by dividing ……………..by …………….

Q. Job costing is applied when the product are of …………… nature

Q. Where raw material is to pass certain stages before it is converted into finished goods, the method of costing used is ……………………

Q. Under job costing, on what basis production is performed?

Q. Establishes the relationship between cost , volume of sales and profit is …..

Q. The number of units to be manufactured in one batch

Q. Units of abnormal loss is………………..in abnormal process A/c and ……………in process A/c

Q. Period for which budget is prepared is called