The limitations of …………………………has led to the development of standard costing system.

Related MCQs

• The method of costing applied in biscuit industries is ………….costing and in steel industry………….costing.
• Contract costing is specialized system of job costing applies to _____ contracts.
• Contract costing is a specialized system of Job costing applies to:
• Process costing is also known as……………….costing.
• Operating costing is also known as ……………..costing.
• ………………..costing is a type or technique of costing.
• ………………..costing is a type or technique of costing.
• The method of costing used in a refinery is……………..costing.
• Boiler house costing is an example of …………….costing
• 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.