The term budgeted cost refers to the:

Related MCQs

• The control ratios used by the management to know whether the deviations of the actual performance from the budgeted performance are favourable or unfavourable are __________.
• The term standard cost refers to the:
• A 'direct' cost is a cost that is classified by:
• Question Selling price per tonne is Rs. 69.50, variable cost per tonne is Rs. 35.50 and fixed cost is Rs. 18, 02,000. Find out the BEP in units
• ___________ is not suitable where selling price is determined on the basis of cost-plus method.
• Given production is 1,00,000 units, fixed costs is Rs 2,00,000 Selling price is Rs 10 per unit and variable cost is Rs 6 per unit. Determine profit using technique of marginal costing.
• When fixed cost is Rs. 20,000 and Profit volume ratio is 25 per cent, then breakeven point will occur at
• Period cost means
• If profit-volume ratio is 25 per cent and sales is Rs. 100,000, the variable cost will be
• The essence of marginal costing is that ……………… cost is considered on the whole as separate.