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Q. Contract price is the cost of work done plus a percentage

Q. In marginal costing valuation of stock of work in progress is done on the basis of

Q. ……… is the difference b/w the sales and marginal cost of sale

Q. When a contract is debited with the original cost of the plant , it should credited with ………… at the end of the year

Q. Milk, butter cream, etc obtained in is example of

Q. In the marginal costing method, the actual amount of fixed overheads is wholly charged to

Q. Any loss over and above the normal loss is called

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

Q. The additional cost of producing an additional unit is called ……….

Q. Job costing can be used in industries using