Period costs charged to……………….

Related MCQs

• .......................Under marginal costing, …………… costs are treated as period costs and charged to profit and loss account for the period for which they are incured.
• ……………………are costs which have been applied against revenue of particular accounting period.
• Period costs are .
• Inventory turnover ratio = Cost of …………………..during the period ÷ Cost of average inventory held during the period.
• ………is one which can be conveniently identified with and charged to a particular unit of cost.
• When …………………….is used on the basis of budgeted overheads and the rate is applied to the actual base, the actual overhead expenses may be different from the charged overheads.
• Expenses incurred during production other than direct materials and direct labour are called…………..factory expenses; those charged to production on estimated basis are called …………….
• Factory overhead can be charged on the basis of -.
• Office and administrative expenses can be charged on the basis of .
• Selling and distribution expenses can be charged on the basis of .