……….cost is irrecoverable cost.

Related MCQs

• Cost centre and cost unit are……………………
• 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
• Inventory turnover ratio = Cost of …………………..during the period ÷ Cost of average inventory held during the period.
• The cost of......................process loss is absorbed in the cost of production of good units.
• …….budget may be classified into material cost budget, labour cost budget and overhead budget.
• Selling price per unit Rs. 10; Variable cost Rs. 8 per unit; Fixed cost Rs. 20,000; Break-even production in units .
• Sales Rs. 25,000; Variable cost Rs. 8,000; Fixed cost Rs. 5,000; Break-even sales in value .
• Fixed cost Rs. 80,000; Variable cost Rs. 2 per unit; Selling price_Rs. 10 per unit; turnover required for a profit target of Rs. 60,000.
• Sales Rs. 25,000; Variable cost Rs. 15,000; Fixed cost Rs .4,000; P/V Ratio is .