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Q. Where raw material is to pass certain stages before it is converted into finished goods, the method of costing used is ……………………

Q. When the competition stage of a contract is less than ¼ , the total expenditure on the contract is transferred to ………… account

Q. In marginal costing only…………is charged to products

Q. The method of costing applied when articles are manufactured in definite batches is ………………………….

Q. When fixed cost decreases, the break even point ……………….

Q. Profit-volume ratio is a relationship between

Q. Marginal costing is a technique of

Q. At break even point, the contribution equal to

Q. Job costing is applied when the product are of …………… nature

Q. A cost do not change with changes in the level of activity is ………….