An item of cost that is direct for one business may be ......................for another business.

Related MCQs

• …….budget may be classified into material cost budget, labour cost budget and overhead budget.
• Expenses incurred during production other than direct materials and direct labour are called…………..factory expenses; those charged to production on estimated basis are called …………….
• Credit and collection cost is an item of
• Warehousing cost is an item of
• The total of all direct expenses is known as ................... cost.
• Direct cost incurred can be identified with .
• In inter process profits, the output of one process is transferred from one process to another not at …………….but at ……………….
• 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