Material abstract is also known as ………………

Related MCQs

• Material consumed is Rs. 5,00,000 Opening stock of raw material is Rs. 50,000 and Closing stock of raw material is Rs. 25,000. What is the cost of raw material purchased?
• ……….represents that quantity of material which is normally ordered when a particular material reaches reordering level.
• The quantity of material to be ordered at one time is known as…………
• Process costing is also known as…......................costing.
• Operating costing is also known as........................costing.
• . Turnover ratio is also known as .
• Contribution margin is also known as .
• Absorption costing is also known as .
• Material control does not cover the following stage.
• Material control aims at achieving effective…………