Cost of production is equal to ……………………

Related MCQs

• The cost of......................process loss is absorbed in the cost of production of good units.
• Selling price per unit Rs. 10; Variable cost Rs. 8 per unit; Fixed cost Rs. 20,000; Break-even production in units .
• Expenses incurred during production other than direct materials and direct labour are called…………..factory expenses; those charged to production on estimated basis are called …………….
• ………………forms part of cost of production.
• Defectives are that portion of production which can be.............................at some extra cost of re-operation.
• Production cost under marginal costing includes .
• Cost centre and cost unit are……………………
• ……….cost is irrecoverable cost.
• Inventory turnover ratio = Cost of inventory consumed during theperiod ÷ Cost of ....................................................held during the period
• ………is a technique of material cost control which leads to low carrying cost as a result of low investment in inventory