……………………are costs which have been applied against revenue of particular accounting period.

Related MCQs

• Cost Accounting has been developed becauseof……………… of Financial Accounting.
• Costs which are ascertained after they have been incurred are called
• Hypothetical costs which are specially computed outside the accounting system for the purpose of decision making are called
• Certain overhead costs cannot be directly charged to a department or cost centres. The process of distribution of such overhead costs to various departments is called
• In an integrated accounting system the accounting entries for factory overhead absorbed would be :
• ……………..includes financial and cost accounting, tax planning and tax accounting.
• Cost accounting has developed due to the ___________ of financial accounting
• Under applied or over applied factory overhead should be
• Period costs charged to……………….
• At the end of a financial period, accounting entries for under absorbed overheads would be