In inter process profits, the output of one process is transferred from one process to another not at …………….but at ……………….

Related MCQs

• Fixed cost per unit …………………… with rise in output and …………… with fall in output.
• …………..process loss should be transferred to costing profit & loss account.
• Material losses due to abnormal reasons should be transferred to…………………
• The loss incurred on an incomplete contract is transferred to …………….account.
• When the completion stage of a contract is less than ¼, the total expenditure on the contract is transferred to ………………..account.
• When the under or over absorbed amount is quite negligible, it is transferred to
• Profit to be transferred to P& L A/c , if the contract is complete to the extent of only 20% is _____.
• An input of 5000kg of material introduced into the process and the expected loss is 8% and if the actual output from the process is 4300, the abnormal loss is …………kg
• An item of cost that is direct for one business may be …………..for another business.
• …………………. Accounting is not only a positive science but also a normative science because it includes techniques of budgetary control and standard costing.