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

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

Q. ………… is an important point to be determined in industries where batch costing is employed

Q. If the value of work certified equal to or more than 90% of contract price, profit to be credited is……………….

Q. In ……………… costing production is always made for stock

Q. ……………..budget provides information about the materials to be acquired from the market

Q. If abnormal loss has any scrap value , it should be credited to

Q. The cost which varies proportionate to increase in production is …….. cost

Q. The finished product of last process is transferred to ……………… a/c

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