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Q. Prime cost includes.

Q. .........................Accounting is not only a positive science but also a normative science because it includes techniques of budgetary controland standard costing.

Q. Sales budget is a .

Q. ……….is the excess of sales over marginal cost of sales

Q. Overhead cost is the total of .

Q. Perpetual inventory system involves .

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

Q. Direct expenses are also called .

Q. Indirect material scrap is adjusted along with .

Q. Factory overhead can be charged on the basis of -.