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Q. A point at which there is neither profit nor loss ………………

Q. Fixed expenses + profit=?

Q. Joint costs are allocated according to…………value of individual products under the market value method

Q. Excess of sales over break even sales is known as …………………..

Q. A contract in which the contractor is given the lost of work done plus a certain percentage for profit is called …………………….

Q. ………… is the aggregate of fixed cost and profit

Q. The most important budget having primary importance is called

Q. The method of costing applied in biscuit industries is …………………….

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

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