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Q. Sales – variable cost = ……………………………………..

Q. At break even point, the contribution equal to

Q. Retention money is retained by whom ………………….

Q. When fixed cost decreases, the break even point ……………….

Q. Break even units can also be called as ………………………

Q. During the recession period, the profits of a firm will decrease at a much slower rate whose P/V ratio is,

Q. If the contract is almost complete, the amount of profit generally transferred to profit and loss account is equal to

Q. Variable cost can also be called as …………………………

Q. In ………… costing separate account “ process A/C ” is kept for each process

Q. A portion of work certified retained by contractee is known