……………………are costs which have been applied against revenue of particular accounting period.

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.
• Cost Accounting has been developed becauseof….........................of Financial Accounting.
• ……….includes financial and cost accounting, tax planning and tax accounting.
• Period costs charged to……………….
• Period costs are .
• Machine hour rate is obtained by dividing the total running expenses of a machine during a particular period by the…………
• Inventory turnover ratio = Cost of …………………..during the period ÷ Cost of average inventory held during the period.
• ……………is the maximum possible alternative earning that might have been earned if the productive capacity is put to some alternativeuse.
• .....................…………is the smallest segment of activity or area or responsibility for which costs are accumulated.
• In................................ each job is a cost unit to which all costs are assigned.