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

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

Q. If the value of work certified equal to or more than 90% of contract price, profit to be credited is……………….

Q. Example for cost plus contract

Q. The process A/c is credited with

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

Q. ………… costs relate to processes and incurred after split off points

Q. Marginal costing is a technique of

Q. The number of units to be manufactured in one batch

Q. ……………….. is an angle formed in break even chart