………………is a statement showing cost of production of a particular product.

Related MCQs

• Classification of cost into factory cost, administrative cost, selling & distribution cost and research and development cost is done on the basis of…………...
• If the total cost of a product is Rs.25, 000/- and the sales figure is 47,000/-, then the product is in…………by Rs.22, 000/-.
• The term…………………. is comprehensively used to include various aspects such as costing, cost accounting, cost control, cost audit and budgetary control.
• Every……………of cost is divided into direct cost and indirect cost.
• ………………cost is predetermined cost for each element of cost.
• The aggregate amount of all the items of expenses paid or payable for the particular product or service is called as
• The term………… is the one which is identifiable as belonging exclusively to a particular process, product, and unit.
• The ………………include all types of expenses other than direct materials and direct labour which are incurred for a particular product or job.
• The expenses which cannot be directly identified with a particular unit or cost centre is known as …………………...
• The overhead cost incurred from the stage of procurement of raw material till the stage of production of finished goods is known as…… .