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Q. Contract costing is a basic method of …………….. costing

Q. Provision for increase in the contract price to accommodate increase in material and labour cost

Q. …………… is a graphical representation of marginal costing

Q. EBQ =

Q. ……………. is the most important budget

Q. Job costing can be used in industries using

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

Q. In marginal costing managerial decisions are guided by…………than by profit

Q. The method of job costing is applied

Q. ……… is the difference b/w the sales and marginal cost of sale