In …………………..each job is a cost unit to which all costs are assigned.

Related MCQs

• Each job has a ………….. prepared for it that bears the job number and which is used to collect all cost data relating to job.
• Each job has a ______ prepare for it that bears the job number and which is used to collect all cost data relating to job.
• What we prepare for each job that bears the job number and which is used to collect all cost data relating to job is:
• The cost of labour which is directly engaged in production work and can be conveniently identified to a job, process or cost unit is
• Batch costing is a form of specific order/job costing where the cost per unit is ascertained by _________ the total cost of a batch by the number of items produced in that batch.
• 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
• A statement prepared to provide detailed cost of a cost centre or cost unit is
• Under which method costs are collected & accumulated for each job: -
• Material Costs of each job are determined from……………
• Material costs which cannot be allocated but which are to be apportioned or absorbed by cost centres or cost units.