A………… is useful only when the actual level of activity corresponds to the budgeted level of activity

Related MCQs

• ……………..budget gives different budgeted cost for different levels of activity
• A cost do not change with changes in the level of activity is ………….
• When the actual loss is more than the estimated loss, the difference between the two is considered to be ,………………….
• Where actual loss in a process is less than the anticipated loss , the difference b/w the two is considered to be …………..
• Excess of actual sales over break even sales is …………………
• In the marginal costing method, the actual amount of fixed overheads is wholly charged to
• …………is the system most useful for making make or buy decision
• Job costing is applied only in …………………. Concern
• In marginal costing only…………is charged to products
• In contract costing credit is taken only for a part of the profit on