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Q. In job costing the production is generally against customers …………………. but not for stock

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

Q. Contract price is fixed in advance

Q. The loss incurred on an incomplete contract is transferred to

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

Q. Budgeting system……………. key managerial functions

Q. ………… costs relate to processes and incurred after split off points

Q. The product has generally…………over the relative quantities of byproducts and the main products

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

Q. The main product is usually produced in greater quantities than the