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Q. In ………… costing no distinction is made between direct and indirect materials

Q. Contract account is a form of ………………….

Q. When the actual loss is more than the estimated loss, the difference between the two is considered to be ,………………….

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

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

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

Q. In cost-plus contract, the contractor will get costplus

Q. The process A/c is credited with

Q. Scope of specific order costing is very wide and includes ……. ,………, ………….

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