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Q. ………………..is a modified form of job costing

Q. Abnormal gain =…………..

Q. In marginal costing selling price is based on

Q. The cost of ……….. process loss is absorbed in the cost of production of good units

Q. EBQ stands for

Q. Period for which budget is prepared is called

Q. Average unit cost for each process is calculated by dividing ……………..by …………….

Q. ………… is based on the distinction between fixed and variable cost

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

Q. During the recession period, the profits of a firm will decrease at a much slower rate whose P/V ratio is,