The main purpose of cost accounting is to

Related MCQs

• Direct Wages 2,05,000 and Factory Cost 5,60,000. If the ratio of direct wages and factory overhead is 5 : 3 then Direct Material Cost will be
• Which of the following is a part of both Prime cost and Conversion cost?
• On the basis of “Relationship with accounting period” costs are classified as
• The branch of the accounting dealing with the classification, recording, allocation, summarizing and reporting of current and prospective costs, is known as
• Notional cost is also known as
• Which one of the following is not a cost unit?
• Cost reduction -
• Prime cost may be correctly termed as 24
• Which one is included in financial accounts but not in cost accounts?
• Which of the following term is excluded from the cost accounts?