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Q. In contract costing credit is taken only for a part of the profit on

Q. In contract costing most of the items of cost are

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

Q. Break even chart depicts

Q. A point at which there is neither profit nor loss ………………

Q. If the value of work certified less than 25% of contract price,profit to be credited to P&L is

Q. The angle formed were the total cost line under sects the sale line is

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

Q. Where actual loss in a process is less than the anticipated loss , the difference b/w the two is considered to be …………..

Q. In job costing each job is a ……………..to which all cost are assigned