In ………… costing no distinction is made between direct and indirect materials

Related MCQs

• Contract costing is a basic method of …………….. costing
• Job costing can also be called as ……………….. costing
• Marginal costing is a…………of costing
• The valuation of stock, in marginal costing, as compared to absorption costing is
• ………… is based on the distinction between fixed and variable cost
• In a contract costing payment of cash to the contract is made on the basis of …………………………. Work
• In ……………… costing production is always made for stock
• In contract costing payment of cash to the contractor is made on the basis of
• Scope of specific order costing is very wide and includes ……. ,………, ………….
• ……………….. process loss should be transferred to costing profit and loss account