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Q. Material control involves .

Q. If fixed costs decrease while the variable cost per unit remains constant, the new contribution margin in relation to the old contribution margin will be .

Q. Costing refers to the techniques and processes of

Q. Inventory or stock turnover ratio is also called .

Q. Fixed cost per unit................................... with increase in output.

Q. All those assets which are converted into cash in the normal course of business within one year are known as .

Q. Material consumption budget is prepared on the basis of .

Q. …………is a summary of all function budgets in a Capsule form.

Q. The document which is prepared after receiving and inspecting material .