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Q. ………… is the aggregate of fixed cost and profit

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

Q. In marginal costing valuation of stock of work in progress is done on the basis of

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

Q. A………… is useful only when the actual level of activity corresponds to the budgeted level of activity

Q. EBQ stands for

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

Q. The most important criterion for distinguishing between scrap, byproduct and joint product is…………of the products

Q. ……………. In a contract , provides that the contract price would be suitably enhanced on the happening of a specified contingency

Q. At break even point, the