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Q. Period for which budget is prepared is called

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

Q. Profit on incomplete contract is known as ,………..

Q. The process A/c is debited with

Q. Abnormal gain =…………..

Q. ……………. forms the basis on which all other budgets are built up

Q. There will be…………in marginal costing when there is production but no sales

Q. Stock of work in progress and finished goods are valued at marginal costing not include

Q. In marginal costing selling price is based on

Q. ……………..is a method of costing in which cost are collected and accumulated for each job order