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Q. Idle time variance arises when

Q. Marginal costing is also known as Direct costing

Q. Return on equity capital is calculated on basis of:

Q. Hirer is entitled to claim ___________.

Q. When margin of safety is 20% and P/V ratio is 60%, the profit will be :

Q. Which of the following are the assumptions of marginal costing? 1) All the elements of cost can be divided into fixed and variable components. 2) Total fixed cost remains constant at all levels of output. 3) Total variable costs vary in proportion to the volume of output. 4) Per unit selling price remain unchanged at all levels of operating activity.

Q. When ratios are calculated from the financial statements of one year, it is known as ---------------------

Q. Comprehensive Machine Hour Rate includes :

Q. Which of the following does not affect working capital---------