…………………..is most suitable when quality of work is of prime importance.

Related MCQs

• ……………………is the most suitable method in a transport industry.
• The method of costing most suitable for medicine manufacturing industry is:
• A company estimates its direct material requirements for the month of November 2014 to be Rs. 2,40,000 and the direct labour to be Rs. 1,500,00. It is the policy of the company to absorb overheads as under : Factory overheads 60% of direct wages Administrative overheads 20% of work cost Selling and distribution overheads 25% of work cost it is estimated that the selling and distribution overheads will increase by 15% in November the budgeted sales for the month of November 2014 is
• The work done beyond the normal work period is called: -
• Prime cost may be correctly defined as
• First in first out method of valuing material issues is suitable in times of…………
• Last in first out method is suitable in times of………………
• Average cost method of valuing material issues is suitable when………….
• Inflated price method of valuing material issues is suitable when…………
• The type of standard best suitable for cost control purpose is