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Q. …………helps the management in cost control

Q. In …………….. contract the contractor will get cost plus stipulated profit

Q. During the recession period, the profits of a firm will decrease at a much slower rate whose P/V ratio is,

Q. There will be…………in marginal costing when there is production but no sales

Q. Marginal costing is a…………of costing

Q. Marginal costing is the aggregate of …………plus variable overheads

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

Q. Cost of one process may be transferred to the next process at

Q. Example for cost plus contract

Q. The process A/c is debited with