A bill of material serves the purpose of…………………

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?
• A bill of material is prepared in case of a................................. job
• ……….represents that quantity of material which is normally ordered when a particular material reaches reordering level.
• Material control does not cover the following stage.
• Material control aims at achieving effective…………
• Material abstract is also known as ………………
• Material should be issued by the store keeper against……………….
• First in first out method of valuing material issues is suitable in times of…………
• Average cost method of valuing material issues is suitable when………….
• Inflated price method of valuing material issues is suitable when…………