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Q. In marginal costing stock of finished goods is valued at

Q. The cost which varies proportionate to increase in production is …….. cost

Q. Any loss over and above the normal loss is called

Q. Cost of producing an additional unit of output is ……………

Q. The method of costing applied in lathe is ………………….

Q. Contract costing is a basic method of

Q. Where actual loss in a process is less than the anticipated loss , the difference b/w the two is considered to be …………..

Q. Job costing can also be called as ……………….. costing

Q. If the contract is almost complete , the amount of profit generally transferred to profit and loss account is equal to

Q. Job costing can be done in conjunction with