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Q. Value of work done to the satisfaction of contractee

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

Q. In a contract costing payment of cash to the contract is made on the basis of …………………………. Work

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

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

Q. Contribution margin is also known as

Q. During the boom period, the profits of a firm will increase at a much faster rate whose P/V ratio is,

Q. A cost both containing both fixed and variable elements ………………..

Q. The excess of sales over variable cost is known as ………………

Q. The method of job costing is applied